Jose and I typically invest in a copy only if the original model has reached $100 million in revenues and is profitable or on the path to profitability. Increasingly companies that have just raised seed money are being copied.
Fabrice Grinda: Musings of an Entrepreneur » And then there were a 100… - 0 views
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We don’t take simultaneous business model and market risk
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mostly investing in priced rounds with pre-money valuations between $1 and $3 million, has allowed us to be successful on the majority of our exits – even when they were for less than $10 million
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The Danger of Celebritizing Entrepreneurship - Max Marmer - Harvard Business Review - 3 views
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the delusion that starting a company is something anyone can do to get rich and famous quickly
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These creatures seem to come in two types. The first type is an "idea guy" who saunters over from Hollywood ready to wow with you a next-generation social media analytics platform. Or maybe he's a self-proclaimed "business model and monetization expert" fresh off the MBA assembly line
The Category Moat by Ryan of Basecamp - 0 views
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