Business Owner's Blog

Am I Being too Cynical?

Old style company New style company
  1. They make something people want to buy.
  2. They can find enough of those people, and sell to them at a cost that allows them to make a profit.
  3. They do it again and again.
  4. As the desire for what they sell changes, the company adapts to those changes and remain profitable. (Some have a problem here.)
  1. They make something that is cool or buzz-worthy – usually web-based.
  2. They convince Venture Capitalists to give them money to ramp it up.
  3. They go public (old bubble) or sell to Google (web 2.0).
  4. Optional: New owners use it to make something people want to buy and find enough of those people to sell to. (Some have a problem here.)

John Seiffer

,

Leave a Reply