The problem IMO is the scale of the opportunity relative to how much money is consumed.
There are great businesses at every increment of enterprise value from $5 million up to $5 billion. We just need to realize this, and stop judging greatness by the pure size of the exit.
I think Silicon Valley could learn a lot from Hollywood in so many ways. One is how we think about "greatness". Is there the equivalent of a "great indie flick" for software companies? Or will we continue to use "exit value" as the only yardstick?
The problem IMO is the scale of the opportunity relative to how much money is consumed.
There are great businesses at every increment of enterprise value from $5 million up to $5 billion. We just need to realize this, and stop judging greatness by the pure size of the exit.
I think Silicon Valley could learn a lot from Hollywood in so many ways. One is how we think about "greatness". Is there the equivalent of a "great indie flick" for software companies? Or will we continue to use "exit value" as the only yardstick?