I found this fascinating quote today:
If you look at our portfolio, you’ll see quite a few startups created by young visionaries and quite a few startups created by serial entrepreneurs who are swinging for the fences. There isn’t much else to be honest.avc.com, A VC, Oct 2009
You should read the whole article.
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The quote brings up a great point: if Walmart was starting up today, it doesn't seem as though it would be looking for VC money. Sam Walton started his store to serve a community and then once he had worked the bugs out, he took it and ran with it — he definitely wasn't swinging for the fence when he started…!
- Dr. Jim Anderson
The Accidental Product Manager Blog
“Home Of The Billion Dollar Product Manager”
Free 30-Page Product Manger Career Guide (and MP3) When You
Subscribe to The Accidental Product Manager Newsletter now:<a title=”Subscribe to The Accidental Product Manager Newsletter” href=” http://www.theaccidentalpm.com/subscribe-to-the... Here!
The quote brings up a great point: if Walmart was starting up today, it doesn't seem as though it would be looking for VC money. Sam Walton started his store to serve a community and then once he had worked the bugs out, he took it and ran with it — he definitely wasn't swinging for the fence when he started…!
- Dr. Jim Anderson
The Accidental Product Manager Blog
“Home Of The Billion Dollar Product Manager”
Free 30-Page Product Manger Career Guide (and MP3) When You
Subscribe to The Accidental Product Manager Newsletter now:<a title=”Subscribe to The Accidental Product Manager Newsletter” href=” http://www.theaccidentalpm.com/subscribe-to-the... Here!