VCs are now selling their ideas to entrepreneurs
observer.com
VCs are now selling their ideas to entrepreneurs
1–10 of 22 posts
Re: VCs are now selling their ideas to entrepreneurs
#2In soviet Russia, entrepreneur funds you.
Re: VCs are now selling their ideas to entrepreneurs
#3In soviet Russia, entrepreneur funds you.
The super angel founder investor cometh
Re: VCs are now selling their ideas to entrepreneurs
#4But Jordan Cooper, a venture partner at Lerer Ventures, recently offered funding and office space to anyone interested in working on an app he mostly wants for himself: a private social network where people can dish on their love lives. ”I want to be able to send a photo of a girl that I really like or one that I just went out with for the first time. I want to tell a story beneath the photo, or just a short note that says ‘so pretty, but soooo boring’ or whatever captures my impressions of this temporal but potentially permanent new entrant into my life,” he wrote last month in a blog post, titled “Whitespace for the taking.” He signed off, “Holler.”
Isn't this called Tumblr?
Re: VCs are now selling their ideas to entrepreneurs
#5But Jordan Cooper, a venture partner at Lerer Ventures, recently offered funding and office space to anyone interested in working on an app he mostly wants for himself: a private social network where people can dish on their love lives. ”I want to be able to send a photo of a girl that I really like or one that I just went out with for the first time. I want to tell a story beneath the photo, or just a short note tha…
Tumblr is public by default, and doesn't hold pretensions to specificity of content(which always get broken).
Re: VCs are now selling their ideas to entrepreneurs
#6Cool, now they can bypass the painful step of forcing you out of the CEO role, and just never let you take it in the first place. Also, Fred would not invest in this app and Jordan isn't a real VC, so the piece is pretty bogus.
Re: VCs are now selling their ideas to entrepreneurs
#7But Jordan Cooper, a venture partner at Lerer Ventures, recently offered funding and office space to anyone interested in working on an app he mostly wants for himself: a private social network where people can dish on their love lives. ”I want to be able to send a photo of a girl that I really like or one that I just went out with for the first time. I want to tell a story beneath the photo, or just a short note tha…
No, he is specifically looking to create a social network for Douchbags.
FaceDouche.com
The examples of "dishing" above seem innocuous enough in print - but the reality of such an 'app' would be far more harsh.
"This dumb slut let me blah blah blah to her!" and other douchebaggery...
Re: VCs are now selling their ideas to entrepreneurs
#8It seems to be an attempt to reinvent the megacorp with looser managerial boundaries. When you have the capital and the experience it's inevitable that you'll want to push ideas down from the top, but the venture game got like this in the first place because the best ideas bubble up from the bottom.
Re: VCs are now selling their ideas to entrepreneurs
#9As much as I hate the idea of this model it's not too different than a Hollywood producer finding a director, cast and other creative talent to make their films. Personally I love the work of writer/directors but on the flip side there are quite a few great films that were put together by producers. Producers are interesting because they're good at fundraising and then coming up with the "bid idea" — and of course putting together a dream team. I wouldn't worry about this model if I were an entrepreneur because it might make that path more creative as VCs might be less risk adverse when pushing their own ideas.
Re: VCs are now selling their ideas to entrepreneurs
#10Man, there's a market for that? my "ideas" evernote is full of pages. I should sell THAT.