Built To Flip As Your Resume?
from the how-to-stand-out dept
With so much buzz going on around the idea of a new bubble, some people are trying to figure out what it all means, and how it will shake out. While some VCs are distancing themselves from the situation by claiming this time it's an entrepreneur-created bubble instead of a VC-funded bubble, that's not exactly true. It takes some of both for the bubble to occur. While the complaint is that so many of these companies are built to flip rather than to be sustainable businesses, some are noticing that this process is really just a better way for some to stand out and get a job. You build a company quickly and cheaply that gets some attention, and a bigger company comes along to scoop up your company, giving you a nice "signing bonus." In effect, the purpose of these companies is to act as a strong resume to stand out from the crowd. And, as we've pointed out before bubbles can be quite good for innovation, in that it helps to get a lot of ideas tested really quickly. However, what will be interesting is to see whether or not the model starts to break down when some of these "built to flip" companies start believing they actually have more solid business models than reality would suggest. With so much VC money swarming, that's certainly a risk. It's a lot harder to flip a built to flip company if it's taken too much money.
Thank you for reading this Techdirt post. With so many things competing for everyone’s attention these days, we really appreciate you giving us your time. We work hard every day to put quality content out there for our community.
Techdirt is one of the few remaining truly independent media outlets. We do not have a giant corporation behind us, and we rely heavily on our community to support us, in an age when advertisers are increasingly uninterested in sponsoring small, independent sites — especially a site like ours that is unwilling to pull punches in its reporting and analysis.
While other websites have resorted to paywalls, registration requirements, and increasingly annoying/intrusive advertising, we have always kept Techdirt open and available to anyone. But in order to continue doing so, we need your support. We offer a variety of ways for our readers to support us, from direct donations to special subscriptions and cool merchandise — and every little bit helps. Thank you.
–The Techdirt Team
Reader Comments
Subscribe: RSS
View by: Time | Thread
No Subject Given
Oh well, while I'm here... http://www.virtualprivacymachine.com
[ link to this | view in chronology ]
Re: No Subject Given
[ link to this | view in chronology ]
Re: No Subject Given
[ link to this | view in chronology ]
a few hundred grand for advertising?!!
[ link to this | view in chronology ]
Re: No Subject Given
Oh well, while I'm here... http://www.virtualprivacymachine.com"
Charge for a front end set of programs to a free service (Onion Routing) that is so easy to use / setup that my 11 year old nephew can do it?
Sure, where do I sent my money to invest?
Oh, and thanks for the spam.
[ link to this | view in chronology ]
[ link to this | view in chronology ]