Peter Rip wants to puncture the web 2.0 bubble. In truth, the web 2.0 phase has been a boon for entrepreneurs, not necessarily for VCs. And now, is it surprising to see a VC crying: grapes are sour? I just wrote a piece called Is Bootstrapping Becoming Sexy Again? In this piece, I have explored
To support the company initially, Finisar relied on providing consulting services. It’s a very common way that companies bootstrap themselves. I have done it myself. SM: What kind of Consulting did you provide? Like System Integrators? JR: Well, actually, the first customer would be Raynet themselves, but we would have to get others soon enough.
Gone are the days when entrepreneurs boasted at cocktail parties about how many million dollars they have raised for their startups. That was so very nineties! Yes, times have changed. Entrepreneurs seem to have become savvier. In the last 2 months, I have worked / spoken with several sets of entrepreneurs who are perfectly happy
Interesting article about hyper-segmentation at Read/Write Web: Let us take a look at the social networks available for parents; in this category alone we have Cafe Mom, Maya’s Mom, MothersClick, MommyBuzz, MTV’s ParentsConnect, Famster, and Minti. The niche for parenthood seems to be taken. Yet, it can further be broken down to, say, “Grandparents”, “Stay
Here’s an article from today’s New York Times on how entrepreneurs are shunning venture capital, and choosing to bootstrap their companies. While that is a very good strategy for web 2.0 plays where very little money is needed, and a 12-18 month exit is in the cards, is it necessarily the right strategy for all