https://the-word-well.com/start-up-odyssey.html Inspiration by the Bucket Wed, 15 Jan 2014 04:51:02 +0000 hourly 1 https://the-word-well.com/start-up-odyssey.html/comment-page-1#comment-595 Peter Fri, 13 Aug 2010 17:30:11 +0000 http://the-word-well.com/tww/?p=489#comment-595 Sara, I would urge TOTAL sobriety when dealing with start-ups. Far too often, they are the business version of the neighbourhood kids getting together to put on a musical. Lots of great intent, a mountain of energy ... and no director. LOL If I recall the stat correctly, something like 90% of all companies which go public on US stock exchanges are out of business in less than five years. Brutal. Yet those great ideas keep coming up and the enthusiasm drives their author(s) to take that great gamble. Plenty of angel investors who are willing to take the leap, too, hoping that somehow the odds will somehow change. Now and then, they do. And so it goes. Sara, I would urge TOTAL sobriety when dealing with start-ups. Far too often, they are the business version of the neighbourhood kids getting together to put on a musical. Lots of great intent, a mountain of energy … and no director. LOL If I recall the stat correctly, something like 90% of all companies which go public on US stock exchanges are out of business in less than five years. Brutal. Yet those great ideas keep coming up and the enthusiasm drives their author(s) to take that great gamble. Plenty of angel investors who are willing to take the leap, too, hoping that somehow the odds will somehow change. Now and then, they do. And so it goes.

]]> https://the-word-well.com/start-up-odyssey.html/comment-page-1#comment-594 Sara K. Eisen Fri, 13 Aug 2010 15:07:01 +0000 http://the-word-well.com/tww/?p=489#comment-594 Peter - I'm still cautiously romantic about the whole thing. I usually love start-ups. But I'm a little bit more sober now with how I approach them. Peter – I’m still cautiously romantic about the whole thing. I usually love start-ups. But I’m a little bit more sober now with how I approach them.

]]> https://the-word-well.com/start-up-odyssey.html/comment-page-1#comment-593 Peter Fri, 13 Aug 2010 13:36:56 +0000 http://the-word-well.com/tww/?p=489#comment-593 Unfortunately, the industry attracts the absolute worst scammers and dreamers. The former to steal, the latter too often unprepared and overly optimistic. I've been in it for 15 years, as well. Tough industry. Unfortunately, the industry attracts the absolute worst scammers and dreamers. The former to steal, the latter too often unprepared and overly optimistic. I’ve been in it for 15 years, as well. Tough industry.

]]> https://the-word-well.com/start-up-odyssey.html/comment-page-1#comment-577 Peter Thu, 05 Aug 2010 21:13:42 +0000 http://the-word-well.com/tww/?p=489#comment-577 Absolutely perfect. I've been in the money raising game for the past 15 years and can testify to the weirdness of the industry. Or is it the weirdness of money? Absolutely perfect. I’ve been in the money raising game for the past 15 years and can testify to the weirdness of the industry. Or is it the weirdness of money?

]]> https://the-word-well.com/start-up-odyssey.html/comment-page-1#comment-576 TKG Thu, 05 Aug 2010 05:09:36 +0000 http://the-word-well.com/tww/?p=489#comment-576 Well, maybe not irrationally. Well, maybe not irrationally.

]]> https://the-word-well.com/start-up-odyssey.html/comment-page-1#comment-575 TKG Thu, 05 Aug 2010 05:06:32 +0000 http://the-word-well.com/tww/?p=489#comment-575 Still, irrationally, mine too. (Though tying with another.) Still, irrationally, mine too. (Though tying with another.)

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