Comments on: Check the Expiration Date on Your Favorite Startup http://jungleg.com/2009/09/22/check-the-expiration-date-on-your-favorite-startup/ Life is a Startup Wed, 08 Feb 2012 07:46:41 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Jorge Escobar http://jungleg.com/2009/09/22/check-the-expiration-date-on-your-favorite-startup/comment-page-1/#comment-2598 Jorge Escobar Tue, 22 Sep 2009 16:58:05 +0000 http://jungleg.com/?p=991#comment-2598 Right on! That is the steak on this cheese steak sandwich! ;) Right on! That is the steak on this cheese steak sandwich! ;)

]]> By: Rob Diana http://jungleg.com/2009/09/22/check-the-expiration-date-on-your-favorite-startup/comment-page-1/#comment-2597 Rob Diana Tue, 22 Sep 2009 16:53:37 +0000 http://jungleg.com/?p=991#comment-2597 Jorge, Actually, you made my original point which was really not clear in my post. Why do we see companies that "do OK" as generally failing in the startup world? I totally agree with you on that part. Jorge,

Actually, you made my original point which was really not clear in my post. Why do we see companies that “do OK” as generally failing in the startup world? I totally agree with you on that part.

]]> By: Jorge Escobar http://jungleg.com/2009/09/22/check-the-expiration-date-on-your-favorite-startup/comment-page-1/#comment-2596 Jorge Escobar Tue, 22 Sep 2009 16:50:57 +0000 http://jungleg.com/?p=991#comment-2596 It was provocative as it got my thoughts moving about this aspect of business. The expiration concept wasn't meant to be attributed to you, but it's inherent if you think about it. Now, a startup does not need to make millions and millions, but just enough to pay the employees and its infrastructure and make a little bit more each year. But this concept nowadays that you either become a millionaire or you failed, is where we're getting it wrong, IMHO. It was provocative as it got my thoughts moving about this aspect of business.

The expiration concept wasn’t meant to be attributed to you, but it’s inherent if you think about it.

Now, a startup does not need to make millions and millions, but just enough to pay the employees and its infrastructure and make a little bit more each year. But this concept nowadays that you either become a millionaire or you failed, is where we’re getting it wrong, IMHO.

]]> By: Rob Diana http://jungleg.com/2009/09/22/check-the-expiration-date-on-your-favorite-startup/comment-page-1/#comment-2594 Rob Diana Tue, 22 Sep 2009 16:41:49 +0000 http://jungleg.com/?p=991#comment-2594 I don't know if my post was provocative, but I'll take it. I was also not saying that we know something will "expire". The real idea is that we should not be surprised when it happens. Startups want an exit of some sort, like a purchase or IPO. It is an extremely rare case that a startup can make hundreds of millions of dollars in less than 3 years. You do bring up a good point though with the big companies buying smaller ones and "introducing user fear". I have not thought about this angle yet. I don’t know if my post was provocative, but I’ll take it. I was also not saying that we know something will “expire”. The real idea is that we should not be surprised when it happens. Startups want an exit of some sort, like a purchase or IPO. It is an extremely rare case that a startup can make hundreds of millions of dollars in less than 3 years.

You do bring up a good point though with the big companies buying smaller ones and “introducing user fear”. I have not thought about this angle yet.

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