"Come back with an idea that you can do quickly and that you can take public or get acquired within 12 to 18 months."
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Re: "Come back with an idea that you can do quickly and that you can take public or get acquired within 12 to 18 months."
#2I read the first half of the article thinking that this was written today instead of 7 years ago, it sounds very familiar
Re: "Come back with an idea that you can do quickly and that you can take public or get acquired within 12 to 18 months."
#3This is from 2000, Feb 2000 no less. I don't know of anyone saying this kind of thing today.
Re: "Come back with an idea that you can do quickly and that you can take public or get acquired within 12 to 18 months."
#4It seems like if you are building to flip you might get lucky, and at certain times (like 7 years ago) that's easier than others. But "build to last"/"build to work" are on the same side of the coin as "make something people want": the odds of succeeding and making money are better if you are aiming to build something great that's actually worth acquiring.
Re: "Come back with an idea that you can do quickly and that you can take public or get acquired within 12 to 18 months."
#5This is from 2000, Feb 2000 no less. I don't know of anyone saying this kind of thing today.
Caterina Fake: http://www.caterina.net/archive/000965.html
Re: "Come back with an idea that you can do quickly and that you can take public or get acquired within 12 to 18 months."
#6This is from 2000, Feb 2000 no less. I don't know of anyone saying this kind of thing today.
There are people that have this mindset, although I don't think it means that we are in a bubble. There are always people looking to get rich quick. The fact that it's so easy to start a Web Venture today means that there will be more of those kind of people in this space.
http://money.cnn.com/magazines/business2/business2_archive/2006/10/01/8387088/
Re: "Come back with an idea that you can do quickly and that you can take public or get acquired within 12 to 18 months."
#7'Build to flip' is a fine idea. Of course you still need to make a good product, but I don't think 'build to last' is right for every company or every idea. A world with 100 new HPs every year would be top-heavy.
The ecosystem needs a few big companies with billions of capital and global reach, but there's nothing wrong with building up a good small idea and selling it off after a year or two to be integrated into something larger.
Re: "Come back with an idea that you can do quickly and that you can take public or get acquired within 12 to 18 months."
#8'Build to flip' is a fine idea. Of course you still need to make a good product, but I don't think 'build to last' is right for every company or every idea. A world with 100 new HPs every year would be top-heavy. The ecosystem needs a few big companies with billions of capital and global reach, but there's nothing wrong with building up a good small idea and selling it off after a year or two to be integrated into so…
I agree with that. There is nothing wrong with selling your company, but if you start your company hoping to sell it for millions in a year, it seems like you're just setting yourself up for trouble.
Re: "Come back with an idea that you can do quickly and that you can take public or get acquired within 12 to 18 months."
#9'Build to flip' is a fine idea. Of course you still need to make a good product, but I don't think 'build to last' is right for every company or every idea. A world with 100 new HPs every year would be top-heavy. The ecosystem needs a few big companies with billions of capital and global reach, but there's nothing wrong with building up a good small idea and selling it off after a year or two to be integrated into so…
I agree with that. There is nothing wrong with selling your company, but if you start your company hoping to sell it for millions in a year, it seems like you're just setting yourself up for trouble.
Well, yes, the 12-month selloff strategy is probably uncommon for good reason.
I suppose most ideas require more than a few months to create real value.
Re: "Come back with an idea that you can do quickly and that you can take public or get acquired within 12 to 18 months."
#10This is from 2000, Feb 2000 no less. I don't know of anyone saying this kind of thing today.
There are people that have this mindset, although I don't think it means that we are in a bubble. There are always people looking to get rich quick. The fact that it's so easy to start a Web Venture today means that there will be more of those kind of people in this space. http://money.cnn.com/magazines/business2/business2_archive/2006/10/01/8387088/
Investors are certainly looking for companies that can go public or get acquired. Arguably only those, in fact. What's changed is that no one now would expect that in 12-18 months. That was just Bubble craziness.