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Super Angels, Super Stars, and the Super-Sized Startup Myth OR  . . . HOW TO SURVIVE THE CURRENT BUBBLE
Who wants to be this guy?
Or Maybe these guys?
You Can be lucky . . .  OR You Can Be Good.
Because, let’s face it, We’re in a bubble
when the bubble pops,good trumps luck
These people are GOOD; THESE PEOPLE ARE ENTREPRENEURS
We’ve Seen this movie Before . . .  And We know how it ends.
Mid 1980s:    Artificial Intelligence Early 1990s:    Pen Computing Late 1990s:    Dot.com Now:  Lean Startup
But it’s different this time,right?
Every Bubble Starts in Truth And Ends in a perturbation of that truth
The Super Angel
Flip or Fail
Fail fast
No “lifestyle” businesses
The Exit is everything
THE ENDURING TRUTH ENTREPRENEURS DON’T NEED A BUBBLE
These people are GOOD; THESE PEOPLE ARE ENTREPRENEURS
Be THE ENTREPRENEUR

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Super angels, super stars, and the super-sized startup myth - Chris Shipley

Notes de l'éditeur

  1. Difference between a Boom & a Bubble –The underpinning of a boom is a platform breakthrough. New invention sparks new innovation sparks new business models. PC, Web, Cloud = BoomThe underpinning of a bubble is . . . Well, there is no underpining. A bubble is an idea, inflated by a collective excitement, an irrational exhuberence of a large group. A bubble takes on a life of its own, and otherwise rational people try to justify it and clever opportunists exploit it.A bubble is, after all, simply air wrapped in the thinnest of membranes. . . Inflated by the excitement of those who benefit from the bubble’s existence.The IT industry is very, very good at bubbles. We’re just not so great at learning from them.
  2. Difference between a Boom & a Bubble –The underpinning of a boom is a platform breakthrough. New invention sparks new innovation sparks new business models. PC, Web, Cloud = BoomThe underpinning of a bubble is . . . Well, there is no underpining. A bubble is an idea, inflated by a collective excitement, an irrational exhuberence of a large group. A bubble takes on a life of its own, and otherwise rational people try to justify it and clever opportunists exploit it.A bubble is, after all, simply air wrapped in the thinnest of membranes. . . Inflated by the excitement of those who benefit from the bubble’s existence.The IT industry is very, very good at bubbles. We’re just not so great at learning from them.
  3. Difference between a Boom & a Bubble –The underpinning of a boom is a platform breakthrough. New invention sparks new innovation sparks new business models. PC, Web, Cloud = BoomThe underpinning of a bubble is . . . Well, there is no underpining. A bubble is an idea, inflated by a collective excitement, an irrational exhuberence of a large group. A bubble takes on a life of its own, and otherwise rational people try to justify it and clever opportunists exploit it.A bubble is, after all, simply air wrapped in the thinnest of membranes. . . Inflated by the excitement of those who benefit from the bubble’s existence.The IT industry is very, very good at bubbles. We’re just not so great at learning from them.