3 ms·
You can drop the quotes around my name, just like you don't put quotes around Andrew Warner's name. It's now my real name and has been for several years. What
by maxklein 16y ago
You can drop the quotes around my name, just like you don't put quotes around Andrew Warner's name. It's now my real name and has been for several years.
What I am focusing on is not the actual people who successfully attach themselves to angels, but the people who fail by aiming for that mode.
If you build for acquisition but it does not take off, there is no place to fall back to.
- jacquesm 16y agoAh, sorry I thought it was an alias for "Mark Essien", a 'nom de plume'. If you build for acquisition I think you're doing it wrong anyway, you really should be building a business that stands on its own strength. Of course there are plenty of people that do this but they are hopefully aware that their prospective buyer is under no obligation to actually consummate a deal at any price. They also break their own negotiation position because there usually are not that many possible parties that would acquire such a company, so it's a buyers market by definition. So, why did you change your name?
- joshu 16y agoHis name isn't relevant to the point. Likewise, his methodology for getting to the point is not really relevant, either. There is an angel bubble. Max is discussing one aspect of it. I disagree that many people are intentionally going out there and seducing people into the mindset, but that is a very minor point as the outcome in aggregate is the same. More importantly, there needs to be a better way to finance the kind of companies that Max is talking about. While I get the impression that Max gets the impression that these are better, that is also not relevant to the validity of the point.