« »

Good Money, Bad Money

One sign that the business of building businesses on the Web has changed since the bubble years is that entrepreneurs are talking about “good money” and “bad money.” Used to be that all money was good. The idea used to be to get as much money as you could from a VC, then go public as soon as you could. And of course investors would cooperate by buying lots of stock, causing the price to sky rocket. Quick riches and early retirement. Then on to create a second company that never quite captured the magic of the first.

The VC funded IPO is becoming rarer and rarer. I wonder if the Small Business Administration will be the new funder of small Web businesses?

Comments

Comments are closed.