"... I think there is an IPO somewhere down the line. ..."
Evidence? So why bother going to the market for more capital, less control & greater risk?
- more employees? (you can't scale pg, jl with more employees)
- more money? (yc spreads the risk by using micro-capital & attracting top candidates)
- more advertising? (thats how the internet and successful candidates demonstrating product).
Does not compute. What makes more sense is to bust open the VC market using less capital, less people creating the best VC coy. that grabs the cream of an untapped market. Sort of an iteration of the startup pattern applied to a different, but related industry.
Evidence? So why bother going to the market for more capital, less control & greater risk?
- more employees? (you can't scale pg, jl with more employees)
- more money? (yc spreads the risk by using micro-capital & attracting top candidates)
- more advertising? (thats how the internet and successful candidates demonstrating product).
Does not compute. What makes more sense is to bust open the VC market using less capital, less people creating the best VC coy. that grabs the cream of an untapped market. Sort of an iteration of the startup pattern applied to a different, but related industry.