Comments on: Double down? Spin in? New questions for a new economy http://venturebeat.com/2008/11/17/double-down-or-spin-in-new-questions-for-a-new-economy/ News About Tech, Money and Innovation Wed, 25 Nov 2009 06:07:42 +0000 http://wordpress.org/?v=2.8.5 hourly 1 By: The art of the bootstrap - Start-Up News | Internet Startups http://venturebeat.com/2008/11/17/double-down-or-spin-in-new-questions-for-a-new-economy/comment-page-1/#comment-834512 The art of the bootstrap - Start-Up News | Internet Startups Fri, 21 Nov 2008 03:33:13 +0000 http://venturebeat.com/?p=100477#comment-834512 [...] note: With the economic downturn drying up venture capital in Silicon Valley and elsewhere, more early-stage companies will be forced to bootstrap their way to profitability. But what does that actually mean for the companies who go this route? [...] [...] note: With the economic downturn drying up venture capital in Silicon Valley and elsewhere, more early-stage companies will be forced to bootstrap their way to profitability. But what does that actually mean for the companies who go this route? [...]

]]> By: The art of the bootstrap » VentureBeat http://venturebeat.com/2008/11/17/double-down-or-spin-in-new-questions-for-a-new-economy/comment-page-1/#comment-834507 The art of the bootstrap » VentureBeat Fri, 21 Nov 2008 02:42:46 +0000 http://venturebeat.com/?p=100477#comment-834507 [...] note: With the economic downturn drying up venture capital in Silicon Valley and elsewhere, more early-stage companies will be forced to bootstrap their way to profitability. But what does that actually mean for the companies who go this route? [...] [...] note: With the economic downturn drying up venture capital in Silicon Valley and elsewhere, more early-stage companies will be forced to bootstrap their way to profitability. But what does that actually mean for the companies who go this route? [...]

]]> By: Ike http://venturebeat.com/2008/11/17/double-down-or-spin-in-new-questions-for-a-new-economy/comment-page-1/#comment-874345 Ike Tue, 18 Nov 2008 12:46:28 +0000 http://venturebeat.com/?p=100477#comment-874345 Correction: thanks 'Anonymous' (thanks Bruce too, but not for the ycombinator comment). Correction: thanks 'Anonymous' (thanks Bruce too, but not for the ycombinator comment).

]]> By: Ike http://venturebeat.com/2008/11/17/double-down-or-spin-in-new-questions-for-a-new-economy/comment-page-1/#comment-874344 Ike Tue, 18 Nov 2008 12:43:40 +0000 http://venturebeat.com/?p=100477#comment-874344 Thanks Bruce for putting words to what I feel about ycombinator. Maybe not the last sentence, but surely 'hefty' is true - for a value created by the startups themselves. About VCs did you read the <br><br><a href="http://www.slideshare.net/guest1c3ad/thefunded-canarie-presentation" rel="nofollow">http://www.slideshare.net/guest1c3ad/thefunded-...</a> Thanks Bruce for putting words to what I feel about ycombinator. Maybe not the last sentence, but surely 'hefty' is true – for a value created by the startups themselves. About VCs did you read the

http://www.slideshare.net/guest1c3ad/thefunded-...

]]> By: Anonymous http://venturebeat.com/2008/11/17/double-down-or-spin-in-new-questions-for-a-new-economy/comment-page-1/#comment-874343 Anonymous Tue, 18 Nov 2008 02:36:36 +0000 http://venturebeat.com/?p=100477#comment-874343 Bruce:<br><br>I work for a small startup with revenues around $1 million. We lost count of the number of VCs calling us, asking for a meeting, and telling us to contact them once we get to $5 million per year in revenues.<br><br>The only exception I know to this rule is Ycominator: which essentially provides beer and pizza money ($15,000) to kids in exchange of hefty ownership. The mob would be proud.<br><br>Do you guys realize most startups have no need for VC infusion once they get to that level? Not all, but most. <br><br>Also: what about the concern of investing money in technology created by kids. Very bright kids, obviously, but kids nonetheless. <br><br>Seems like a formula destined for long-term failure. <br><br>Thanks. Bruce:

I work for a small startup with revenues around $1 million. We lost count of the number of VCs calling us, asking for a meeting, and telling us to contact them once we get to $5 million per year in revenues.

The only exception I know to this rule is Ycominator: which essentially provides beer and pizza money ($15,000) to kids in exchange of hefty ownership. The mob would be proud.

Do you guys realize most startups have no need for VC infusion once they get to that level? Not all, but most.

Also: what about the concern of investing money in technology created by kids. Very bright kids, obviously, but kids nonetheless.

Seems like a formula destined for long-term failure.

Thanks.

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