Navigator of Ignorance

Private Blog for Eroticizing Intelligence

Donnerstag, März 31, 2005

Jetzt ist mir klar warum Amerikaner (angeblich) unternehmerische Stehauf Männchen sind und ein Start-up nach dem anderen beginnen:
A VentureOne study released today found that CEOs and founders of venture-backed companies make $200,000 a year on average. Not exactly the entrepreneur of old who had to take out a second mortgage to meet payroll, is it?

Aber dass ist natürlich nur eine Seite der Medaille:
Rob Shostak, a long-time entrepreneur and founder of five-year-old startup Vocera, told a story about meeting one of the founders of software maker Lotus Development Corp. shortly after it had gone public. The guy had just cashed out $18 million of stock and invited Shostak back to his apartment to see a present he had bought himself. It turned out to be a modest Jeep Cherokee. Shostak followed the founder up to his apartment, expecting to find a palatial penthouse. But it was an average place furnished with only a mattress on the floor. "I was kind of dumbfounded when he volunteered, 'Actually, they just took all the furniture out to go to my ex-wife's place,'" Shostak said. "It was a striking and poignant moment for me to realize the cost of his commitment to the company."

Nun ja. Wie oft wurdest du verlassen weil du einfach andere Urlaubspläne hattest? Und wie oft weil du gerade dabei warst 18 Mio ab zu cashen???

Deal Flow: Venture Capital Blog at BusinessWeek Online

Taking One Too Many for the Team