I think that the idea proposed could be seen as aligned with the same sentiment there. By providing a structure to hand off a project/company once it has reached a certain point (or taking one over that you are keen to move forward), an entrepreneur would be free to repeat that process/step with a new company and over time be in a good position to hone and specialize their entrepreneurial skills. This would eliminate the worry of exit strategies, no?
On Tue, Sep 22, 2009 at 2:45 PM, Tim Bull <tbull...@googlemail.com> wrote: > > It's in interesting question, I agree with some others here though, > what you do should be motivated by your product and company, not to > exit. > > I'll defer to (and paraphrase) Guy Kawasaki on this one: > > "Build a great organisation -- one aspect of which will be good > [market] positioning. Don't worry about exit strategies -- and > certainly don't worry about how exit strategies should or could affect > your positioning." (from Art of the Start, pg 43) > > This is a message I've read again and again. You can't plan for an > exit, you shouldn't waste time on it - there is no exit that can't be > enhanced by a committed team building a great product. > > > > On Sep 22, 11:29 am, Ryan Cross <ryanecr...@gmail.com> wrote: > > 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 > yesterdayhttp:// > onstartups.com/tabid/3339/bid/10561/12-Facts-About-Entrepreneu... > > 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 -~----------~----~----~----~------~----~------~--~---
