Comments on: Memo to the Writers Who Want To Start Their Own Company http://battellemedia.com/archives/2008/01/memo_to_the_writers_who_want_to_start_their_own_company.php?utm_source=rss&utm_medium=rss&utm_campaign=memo_to_the_writers_who_want_to_start_their_own_company Thoughts on the intersection of search, media, technology, and more. Wed, 22 May 2013 20:35:00 +0000 hourly 1 http://wordpress.org/?v=3.4.1 By: Ben Widhelm http://battellemedia.com/archives/2008/01/memo_to_the_writers_who_want_to_start_their_own_company.php#comment-8730 Ben Widhelm Mon, 14 Jan 2008 20:57:34 +0000 http://battellemedia.com/archives/2008/01/memo_to_the_writers_who_want_to_start_their_own_company.php#comment-8730 <p>Its only a mistake to take big money if they are also giving up a massive amount of control and equity in their venture. If they can generate interest from a large number of firms, which is likely, they will get very favorable terms by the "winning" financing partner.</p> <p>If what you're saying is that it will effect their product qualitatively, again, I'm not sure I agree. Are WebbAlert, Rocketboom, et al really making "big money"?</p> <p>My instinct (hope) is that these guys are trying something new, and will succeed or fail on those merits. The real question is how their idea and team are being valued on Sand Hill.</p> <p><br /> </p> Its only a mistake to take big money if they are also giving up a massive amount of control and equity in their venture. If they can generate interest from a large number of firms, which is likely, they will get very favorable terms by the “winning” financing partner.

If what you’re saying is that it will effect their product qualitatively, again, I’m not sure I agree. Are WebbAlert, Rocketboom, et al really making “big money”?

My instinct (hope) is that these guys are trying something new, and will succeed or fail on those merits. The real question is how their idea and team are being valued on Sand Hill.

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