A Flip/Flop Bubble of Microventures?

Published June 1st, 2005 edit replace rm!

Ross Mayfield has a great little article about flipping micro ventures
A Flip/Flop Bubble of Microventures?. By this he means creating micro ventures for the sole purpose of selling it to some large company like Google.

I am a big believer in developing a company with the goal of making it as great as can be, with an eye on exit in public markets. I look M&A exits as options along the way. The problem is when you build to flip, you may be focused, but short sighted. Essentially, you loose IPO as the exit option and M&A opportunities you can’t foresee.

Which is really the whole idea of bootstrapping, you are focused on building a solid business from day one.

About me

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My name is Pelle Braendgaard. Pronounce it like Pelé the footballer (no relation). I live in Managua, Nicaragua. I am the Technical Lead at uPort a Self Sovereign Identity Platform built on Ethereum.

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