3 ms·
i think his point is that seeding and growing businesses that lead to external VC capital and acquisitions is dead/dying. his alternative is to essentially do
by noodle 18y ago
i think his point is that seeding and growing businesses that lead to external VC capital and acquisitions is dead/dying.
his alternative is to essentially do the same thing, but gear it not towards external funding/buying, but just a single company that grows, fosters and continually owns the companies it helps to start.
its sparse on the details, but i had/have similar thoughts and would love to start or participate in something similar.
- jcl 18y agoIsn't this kind of a model Google is approaching?
- noodle 18y agoyeah, i was thinking the same thing, but didn't edit to add it. i think the main difference is that google has a moneymaker product that helps to fund the other small ones, which wouldn't be the same as this concept. or, maybe it could be, with coworking space being the main business to keep it above water on the basic expenses.