DISQUS

Robin Good's Master New Media: Venture Capital? No Thanks - It's Passionate Learners I Need - Why Startup Money Makes No Difference For Me

  • Nuno · 1 year ago
    Hi Robin,

    Learning is everythink as you said and i totally agree with you.

    If you start up your University, i will be on it.

    Thanks for the learning opportunities you are providing.
  • Steven C. · 1 year ago
    Robin,

    I hear you, and as a company that has not taken or seeking VC money, can empathize with your comments. However, at the same time, I think you would agree that a war chest of funds makes it easier to get the word out and attract even more bright, passionate people to your cause. I'm not saying that VC money is the route - there are many ways to get funds without selling off 40% of your company. Angels, passive investors, debt, etc.

    There are very specific things needed to operate a growing business - people, execution, product, and money. It's always good to have a few bucks in the bank to help capitalize on ideas. Just my $.02 worth...
  • RobinGood · 1 year ago
    Steven,
    you are obviously right.

    My key point is though that while money can help to get support in attracting and finding way it is not money that directly gets them to you. The people I long for can't be those already doing it, but must be younger, more open minded and willing to experiment and adopt new methods, and generally these people, wherever I look, are not more easily gained by having more money at your disposal but only by simply having the right contacts with those places, communities and institutions where these people aggregate more frequently.

    :-)
  • jim kukral · 1 year ago
    Well written RG. I'm on the same page as you!
  • dirk knudsen · 1 year ago
    Robin...

    Great point. If you are not passionate about an idea there is no point to wasting life on it. I have such a venture and I will stay with it as long as it takes to make it work. It is a good idea and I am tired of sharing all the good ideas I have with others only to see myself diluted to a pittance of what the opportunity was worth!

    Stay the course and see it through with your own ideas and tools.

    Great Post. Thank you.

    Dirk in Portland
  • Arvind · 1 year ago
    Robin,

    What I dont understand so far in my 28 years life is why do we have equity and stock market? By means of equity, VC, stock market the rich people who invests the money gets richer and not the actual worker or employees of the company!

    Doesnt that make a rich guy more richer and middle class always middle class. Ideally it should all be debt and profits should be shared with stakeholders and shareholders. And stake holders should be the employees, management and customers! Imagine if companies dont have to strive for shareholder how much passionate employees would become on creating something new!

    I would be highly appreciate if somebody can tell why do we need stock market?
  • 10kluke · 1 year ago
    Good approach. Money isn't everything, even when your goal is to make money. Passion, skill, creativity. These are essential. Money can grease the wheels, but if you focus on it to the exclusion of the others, you can lose big time.