Going back to Elias idea... On Tue, Sep 15, 2009 at 5:09 AM, Elias Bizannes <elias.bizan...@gmail.com>wrote:
> > We've talked about this before - the idea of a silicon beach VC type fund. > But this is looking at it from the other end of the spectrum. You buy and > sell shares in a company because it's a good investment that returns cash > over time, grows way higher than any other segment of the economy, and > allows you to access the executives to form partnerships. Of course, it will > required thousands of people to pull this off - but with a few richer > individuals, it's actually do able. > > Then we can have people who specialise in the different stages of the > business cycle. It's well known a startup CEO is a very different > personality from a growth CEO. Having people in a "startup" exiting once it > hits the "growth stage" (ie, cash positive stage) and in turn another > opportunity to exit when it reaches the "mature stage" (growth moves in line > with inflation). > > In effect, this will reduce the reliance on a big company acquisition or > listing on the stockmarket - it instead creates a third alternative > somewhere way earlier than that. > > Thoughts? > > I think this model deserves a bit more discussion and thought. I'm not sure I fully understand it but the dual aim (allowing entrepreneurs to "specialize" and also faster/more frequent iteration) seems like it has some real merit. It sounds somewhat like an entrepreneurial co-op and somewhat like a multi-stage incubator system. I'm also quite enjoying the potential for learning from "experts" in various stages/areas and the cross pollenating of ideas/people that this could provide. @Elias - do you have any more details about what you've envisioned? The other reason this interests me is the way it would seem to allow for faster iteration of companies. I think this could really accelerate the amount of innovation produced, and dramatically increase the amount of learning/experience for entrepreneurs. I came across this article yesterday http://onstartups.com/tabid/3339/bid/10561/12-Facts-About-Entrepreneurs-That-Will-Likely-Surprise-You.aspx(also see the full report/data being referenced) and one of the things that stood out was that for people that consider themselves "serial" entrepreneurs they only average 2.3 companies. I'm not sure about everyone else, but it can often take me more than 2 or 3 tries to get something "right" and definitely doing something more than twice before I consider myself "experienced" or an "expert" at it. Can you imagine a career web developer only ever working on 2 websites? Or a human resource manager only ever hiring 2 people? Perhaps this is why I am a big fan of the work Bart et al (StartupCamp / BootUpCamp) is doing, and the mantra used "practice for engineers". Can anyone suggest ways that this could work? or point out any pitfalls that might prevent it from working? or similar efforts? Thanks, Ryan --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Silicon Beach Australia mailing list. Guidelines on discussion: http://tr.im/ujKF No lurkers! It is expected that you introduce yourself: http://tr.im/ujMm To post to this group, send email to silicon-beach-australia@googlegroups.com To unsubscribe from this group, send email to silicon-beach-australia+unsubscr...@googlegroups.com For more options, visit this group at http://groups.google.com/group/silicon-beach-australia?hl=en?hl=en -~----------~----~----~----~------~----~------~--~---
