Re:TinySeed – A Startup Accelerator Designed for Bootstrappers
by auntad on Friday October 12, 2018 @04:44PM
(#18204585)
Judging from Rob Walling's thoughts on this topic from his book -- the equation looks different for the kind of company they're looking for. There's no "huge risk of failure"; the focus is on businesses highly likely to succeed that will have (relatively) slower, but consistent, growth. And obviously (relatively) lower final valuations.
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Re:TinySeed – A Startup Accelerator Designed for Bootstrappers
by rwalling on Friday October 12, 2018 @05:49PM
(#18204963)
Bingo. Instead of 1 in 20 becoming a huge success (100x) and the other 19 fail, maybe for us it's 10 in 20 are "base hits" that return 2-5x and the other 10 fail.
Those are contrived numbers for this example, but you get the idea. I expect more of them to be singles/doubles, fewer to fail than the typical VC bets, but we'll have no home runs.
Re:TinySeed – A Startup Accelerator Designed for Bootstrappers
by personjerry on Friday October 12, 2018 @07:44PM
(#18205481)
What will allow you to get higher % of successes than a typical VC?
Re:TinySeed – A Startup Accelerator Designed for Bootstrappers
by whb07 on Friday October 12, 2018 @09:54PM
(#18205944)
Have you seen the total returns of VC money? Too lazy to link stuff now but a perfunctory search will reveal that the returns are not what you think they are. They essentially approach 0% outside of the few powerhouses.
Can’t really use the Andreessen-Horowitz / Sequoia returns as representative to the entire industry.
Re:TinySeed – A Startup Accelerator Designed for Bootstrappers
by personjerry on Friday October 12, 2018 @10:14PM
(#18206001)
Your evidence would seem to suggest that the TinySeed venture is very likely to approach 0% as well, no? Which is my concern exactly.