December 2005
2 posts
Are founders necessary?
Conventional wisdom holds that nothing is more critical to a startup than its founders. A company’s founders are often glorified as the single essential ingredient in a successful business. What then of a company that isn’t started by businesspeople? I recently heard one perspective from Dan Ciporin, who was CEO of the price-comparison and product review site shopping.com until its...
Shanghai Bucks
From PE Week Wire: ”*** Best line I heard yesterday came from a VC who’s firm is exploring an investment partnership in China: “The lobby of the Shanghai Four Seasons might as well be Buck’s.”” Alas, I doubt the Four Seasons has got a proprietor to match Jamis MacNiven.