gracious reply Loic, give me more respect and inclination to join LeWeb (sadly not managed yet),
Its sadly a systemic issue, not that the startup 'wanted' to copy but surely
1.) there might be quite a few startup that take a global view but the money man themselves (even HNW/UHNWs or VCs/PEs) take national or even for some regional views mainly, and some might prefer to only fund #safer# copy cat startups (with view for trade-sale), rather than original ideas?? (~funder preference of copy cats)
2.) there might not be enough transparencies AND competitions between VCs/PEs and Super Angels (HNWs/UHNWs) across the EU & RoW/Asia so they take more regional/international views as quite a few of MoneyMan just exit and retire as tax exiles and not like the valley where they are indoctrinated to make the next millions/billions and take some more risks.. (~peer pressure?)
3.) given the 1.) & 2.) above, entrepreneurs that are funded usually would only take the shorter term and national/regional views.. and only handful of them get funded with worldwide ambitions.. but even for those lucky world-view ones: some might have to move to the States as there is a bigger homogeneous market for growth, like @Bandrew Alex Kelleher @alexkelleher etc. (~still migrate to US)
Hence with my broken english, I would like to assert that we need in fact more competitions/transparencies and drives from across the market and across countries/industries, hence creating more opportunities and potential success for funders and the funded..
Keen to see if you agree or not as I would like to learn more.
However, in my B2B world, especially in finance/insurance/re-insurance, sadly I think most have not heard of what LeWeb or even TechCrunch is.. (yet).. which I trust no doubt will be changed. (mind you, some of the CXO levels guys I know do not even carry their own cards, let along use emails! Twitter for them is a different language)
BR
@GarethWong
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