Comments on: Want to hear more about venture capital and long tail entrepreneurs at SXSW? http://www.unstructuredventures.com/uv/2008/08/08/want-to-hear-more-about-venture-capital-and-long-tail-entrepreneurs-at-sxsw/ Translating Business Strategies into Financial Models Thu, 22 Jul 2010 21:35:00 -0700 hourly 1 http://wordpress.org/?v=3.0.1 By: Taylor Davidson http://www.unstructuredventures.com/uv/2008/08/08/want-to-hear-more-about-venture-capital-and-long-tail-entrepreneurs-at-sxsw/comment-page-1/#comment-42 Taylor Davidson Thu, 21 Aug 2008 15:11:24 +0000 http://www.unstructuredventures.com/uv/?p=51#comment-42 Devil's advocate views are always appreciated.... granted, the idea of pooling risks could lead to a selection bias where all the "collective" gets are the bad risks / marginal business opportunities. And the idea might have limited application to certain industries, firm sizes, cultures, etc.<br><br>And while I agree that entrepreneurial ventures do tend to attract people of those characteristics, there is nothing to say that they have to; it does not have to be the only model of entrepreneurial success. In any case the idea of an archetypical entrepreneur is not the same across all cultures and countries, and thus the applicability of a "collective" concept will vary considerably.<br><br>Even entrepreneurs need partners; even entrepreneurs need people for support, to help drive and create, to share ideas with, to share experiences and lessons learned, and even to share risk. <br>They key is that this "collective" concept will never replace the traditional entrepreneur & venture capital model: it is an addition, an extension, not a replacement. And thus it won't attract all entrepreneurs of all stripes: but that's ok. The opportunity is to extend the idea and reality of entrepreneurship to a larger base of people, enterprises and business relationships. Devil's advocate views are always appreciated…. granted, the idea of pooling risks could lead to a selection bias where all the “collective” gets are the bad risks / marginal business opportunities. And the idea might have limited application to certain industries, firm sizes, cultures, etc.

And while I agree that entrepreneurial ventures do tend to attract people of those characteristics, there is nothing to say that they have to; it does not have to be the only model of entrepreneurial success. In any case the idea of an archetypical entrepreneur is not the same across all cultures and countries, and thus the applicability of a “collective” concept will vary considerably.

Even entrepreneurs need partners; even entrepreneurs need people for support, to help drive and create, to share ideas with, to share experiences and lessons learned, and even to share risk.
They key is that this “collective” concept will never replace the traditional entrepreneur & venture capital model: it is an addition, an extension, not a replacement. And thus it won't attract all entrepreneurs of all stripes: but that's ok. The opportunity is to extend the idea and reality of entrepreneurship to a larger base of people, enterprises and business relationships.

]]> By: Taylor Davidson http://www.unstructuredventures.com/uv/2008/08/08/want-to-hear-more-about-venture-capital-and-long-tail-entrepreneurs-at-sxsw/comment-page-1/#comment-1046 Taylor Davidson Thu, 21 Aug 2008 15:11:24 +0000 http://www.unstructuredventures.com/uv/?p=51#comment-1046 Devil's advocate views are always appreciated.... granted, the idea of pooling risks could lead to a selection bias where all the "collective" gets are the bad risks / marginal business opportunities. And the idea might have limited application to certain industries, firm sizes, cultures, etc.<br><br>And while I agree that entrepreneurial ventures do tend to attract people of those characteristics, there is nothing to say that they have to; it does not have to be the only model of entrepreneurial success. In any case the idea of an archetypical entrepreneur is not the same across all cultures and countries, and thus the applicability of a "collective" concept will vary considerably.<br><br>Even entrepreneurs need partners; even entrepreneurs need people for support, to help drive and create, to share ideas with, to share experiences and lessons learned, and even to share risk. <br>They key is that this "collective" concept will never replace the traditional entrepreneur & venture capital model: it is an addition, an extension, not a replacement. And thus it won't attract all entrepreneurs of all stripes: but that's ok. The opportunity is to extend the idea and reality of entrepreneurship to a larger base of people, enterprises and business relationships. Devil's advocate views are always appreciated…. granted, the idea of pooling risks could lead to a selection bias where all the “collective” gets are the bad risks / marginal business opportunities. And the idea might have limited application to certain industries, firm sizes, cultures, etc.

And while I agree that entrepreneurial ventures do tend to attract people of those characteristics, there is nothing to say that they have to; it does not have to be the only model of entrepreneurial success. In any case the idea of an archetypical entrepreneur is not the same across all cultures and countries, and thus the applicability of a “collective” concept will vary considerably.

Even entrepreneurs need partners; even entrepreneurs need people for support, to help drive and create, to share ideas with, to share experiences and lessons learned, and even to share risk.
They key is that this “collective” concept will never replace the traditional entrepreneur & venture capital model: it is an addition, an extension, not a replacement. And thus it won't attract all entrepreneurs of all stripes: but that's ok. The opportunity is to extend the idea and reality of entrepreneurship to a larger base of people, enterprises and business relationships.

]]> By: Taylor Davidson http://www.unstructuredventures.com/uv/2008/08/08/want-to-hear-more-about-venture-capital-and-long-tail-entrepreneurs-at-sxsw/comment-page-1/#comment-1039 Taylor Davidson Thu, 21 Aug 2008 15:11:24 +0000 http://www.unstructuredventures.com/uv/?p=51#comment-1039 Devil's advocate views are always appreciated.... granted, the idea of pooling risks could lead to a selection bias where all the "collective" gets are the bad risks / marginal business opportunities. And the idea might have limited application to certain industries, firm sizes, cultures, etc.<br><br>And while I agree that entrepreneurial ventures do tend to attract people of those characteristics, there is nothing to say that they have to; it does not have to be the only model of entrepreneurial success. In any case the idea of an archetypical entrepreneur is not the same across all cultures and countries, and thus the applicability of a "collective" concept will vary considerably.<br><br>Even entrepreneurs need partners; even entrepreneurs need people for support, to help drive and create, to share ideas with, to share experiences and lessons learned, and even to share risk. <br>They key is that this "collective" concept will never replace the traditional entrepreneur & venture capital model: it is an addition, an extension, not a replacement. And thus it won't attract all entrepreneurs of all stripes: but that's ok. The opportunity is to extend the idea and reality of entrepreneurship to a larger base of people, enterprises and business relationships. Devil's advocate views are always appreciated…. granted, the idea of pooling risks could lead to a selection bias where all the “collective” gets are the bad risks / marginal business opportunities. And the idea might have limited application to certain industries, firm sizes, cultures, etc.

And while I agree that entrepreneurial ventures do tend to attract people of those characteristics, there is nothing to say that they have to; it does not have to be the only model of entrepreneurial success. In any case the idea of an archetypical entrepreneur is not the same across all cultures and countries, and thus the applicability of a “collective” concept will vary considerably.

Even entrepreneurs need partners; even entrepreneurs need people for support, to help drive and create, to share ideas with, to share experiences and lessons learned, and even to share risk.
They key is that this “collective” concept will never replace the traditional entrepreneur & venture capital model: it is an addition, an extension, not a replacement. And thus it won't attract all entrepreneurs of all stripes: but that's ok. The opportunity is to extend the idea and reality of entrepreneurship to a larger base of people, enterprises and business relationships.

]]> By: Don Jones - VentureDeal http://www.unstructuredventures.com/uv/2008/08/08/want-to-hear-more-about-venture-capital-and-long-tail-entrepreneurs-at-sxsw/comment-page-1/#comment-41 Don Jones - VentureDeal Thu, 21 Aug 2008 14:11:09 +0000 http://www.unstructuredventures.com/uv/?p=51#comment-41 I'm a little late to the conversation on this post, but I'd like to make a few "devil's advocate" points. <br><br>One of the problems of a "collective" concept is that the larger the pool of entrepreneurs, the harder it is to obtain any consensus on how to structure it or run it.<br><br>Entrepreneurial ventures tend to attract individualistic, maverick, pioneering types and I'm not sure that that type of risk-taking, hardcharging personality is typically compatible with a more collegial, "pooled" mentality.<br><br>If I'm going to work hard in order to potentially reap great rewards from a successful entrepreneurial venture, I'm not sure I would want to participate in a collective that somehow offloaded some of the other entrepreneurs risks onto me. I'm a little late to the conversation on this post, but I'd like to make a few “devil's advocate” points.

One of the problems of a “collective” concept is that the larger the pool of entrepreneurs, the harder it is to obtain any consensus on how to structure it or run it.

Entrepreneurial ventures tend to attract individualistic, maverick, pioneering types and I'm not sure that that type of risk-taking, hardcharging personality is typically compatible with a more collegial, “pooled” mentality.

If I'm going to work hard in order to potentially reap great rewards from a successful entrepreneurial venture, I'm not sure I would want to participate in a collective that somehow offloaded some of the other entrepreneurs risks onto me.

]]> By: Don Jones - VentureDeal http://www.unstructuredventures.com/uv/2008/08/08/want-to-hear-more-about-venture-capital-and-long-tail-entrepreneurs-at-sxsw/comment-page-1/#comment-1045 Don Jones - VentureDeal Thu, 21 Aug 2008 14:11:09 +0000 http://www.unstructuredventures.com/uv/?p=51#comment-1045 I'm a little late to the conversation on this post, but I'd like to make a few "devil's advocate" points. <br><br>One of the problems of a "collective" concept is that the larger the pool of entrepreneurs, the harder it is to obtain any consensus on how to structure it or run it.<br><br>Entrepreneurial ventures tend to attract individualistic, maverick, pioneering types and I'm not sure that that type of risk-taking, hardcharging personality is typically compatible with a more collegial, "pooled" mentality.<br><br>If I'm going to work hard in order to potentially reap great rewards from a successful entrepreneurial venture, I'm not sure I would want to participate in a collective that somehow offloaded some of the other entrepreneurs risks onto me. I'm a little late to the conversation on this post, but I'd like to make a few “devil's advocate” points.

One of the problems of a “collective” concept is that the larger the pool of entrepreneurs, the harder it is to obtain any consensus on how to structure it or run it.

Entrepreneurial ventures tend to attract individualistic, maverick, pioneering types and I'm not sure that that type of risk-taking, hardcharging personality is typically compatible with a more collegial, “pooled” mentality.

If I'm going to work hard in order to potentially reap great rewards from a successful entrepreneurial venture, I'm not sure I would want to participate in a collective that somehow offloaded some of the other entrepreneurs risks onto me.

]]> By: Don Jones - VentureDeal http://www.unstructuredventures.com/uv/2008/08/08/want-to-hear-more-about-venture-capital-and-long-tail-entrepreneurs-at-sxsw/comment-page-1/#comment-1038 Don Jones - VentureDeal Thu, 21 Aug 2008 14:11:09 +0000 http://www.unstructuredventures.com/uv/?p=51#comment-1038 I'm a little late to the conversation on this post, but I'd like to make a few "devil's advocate" points. <br><br>One of the problems of a "collective" concept is that the larger the pool of entrepreneurs, the harder it is to obtain any consensus on how to structure it or run it.<br><br>Entrepreneurial ventures tend to attract individualistic, maverick, pioneering types and I'm not sure that that type of risk-taking, hardcharging personality is typically compatible with a more collegial, "pooled" mentality.<br><br>If I'm going to work hard in order to potentially reap great rewards from a successful entrepreneurial venture, I'm not sure I would want to participate in a collective that somehow offloaded some of the other entrepreneurs risks onto me. I'm a little late to the conversation on this post, but I'd like to make a few “devil's advocate” points.

One of the problems of a “collective” concept is that the larger the pool of entrepreneurs, the harder it is to obtain any consensus on how to structure it or run it.

Entrepreneurial ventures tend to attract individualistic, maverick, pioneering types and I'm not sure that that type of risk-taking, hardcharging personality is typically compatible with a more collegial, “pooled” mentality.

If I'm going to work hard in order to potentially reap great rewards from a successful entrepreneurial venture, I'm not sure I would want to participate in a collective that somehow offloaded some of the other entrepreneurs risks onto me.

]]> By: Taylor Davidson http://www.unstructuredventures.com/uv/2008/08/08/want-to-hear-more-about-venture-capital-and-long-tail-entrepreneurs-at-sxsw/comment-page-1/#comment-40 Taylor Davidson Tue, 12 Aug 2008 22:15:07 +0000 http://www.unstructuredventures.com/uv/?p=51#comment-40 Good point, and the most interesting application may be in nurturing startup cultures in some parts of the world. perhaps the safety net of "pooled risk" and the halo brand of some startup successes running under the same corporate umbrella would help.<br><br>maybe in some cultures Corporate VC would be more applicable and valuable since the corporation's name would be well-known, respected, "safe"... Good point, and the most interesting application may be in nurturing startup cultures in some parts of the world. perhaps the safety net of “pooled risk” and the halo brand of some startup successes running under the same corporate umbrella would help.

maybe in some cultures Corporate VC would be more applicable and valuable since the corporation's name would be well-known, respected, “safe”…

]]> By: Taylor Davidson http://www.unstructuredventures.com/uv/2008/08/08/want-to-hear-more-about-venture-capital-and-long-tail-entrepreneurs-at-sxsw/comment-page-1/#comment-1044 Taylor Davidson Tue, 12 Aug 2008 22:15:07 +0000 http://www.unstructuredventures.com/uv/?p=51#comment-1044 Good point, and the most interesting application may be in nurturing startup cultures in some parts of the world. perhaps the safety net of "pooled risk" and the halo brand of some startup successes running under the same corporate umbrella would help.<br><br>maybe in some cultures Corporate VC would be more applicable and valuable since the corporation's name would be well-known, respected, "safe"... Good point, and the most interesting application may be in nurturing startup cultures in some parts of the world. perhaps the safety net of “pooled risk” and the halo brand of some startup successes running under the same corporate umbrella would help.

maybe in some cultures Corporate VC would be more applicable and valuable since the corporation's name would be well-known, respected, “safe”…

]]> By: Taylor Davidson http://www.unstructuredventures.com/uv/2008/08/08/want-to-hear-more-about-venture-capital-and-long-tail-entrepreneurs-at-sxsw/comment-page-1/#comment-1037 Taylor Davidson Tue, 12 Aug 2008 22:15:07 +0000 http://www.unstructuredventures.com/uv/?p=51#comment-1037 Good point, and the most interesting application may be in nurturing startup cultures in some parts of the world. perhaps the safety net of "pooled risk" and the halo brand of some startup successes running under the same corporate umbrella would help.<br><br>maybe in some cultures Corporate VC would be more applicable and valuable since the corporation's name would be well-known, respected, "safe"... Good point, and the most interesting application may be in nurturing startup cultures in some parts of the world. perhaps the safety net of “pooled risk” and the halo brand of some startup successes running under the same corporate umbrella would help.

maybe in some cultures Corporate VC would be more applicable and valuable since the corporation's name would be well-known, respected, “safe”…

]]> By: g http://www.unstructuredventures.com/uv/2008/08/08/want-to-hear-more-about-venture-capital-and-long-tail-entrepreneurs-at-sxsw/comment-page-1/#comment-39 g Tue, 12 Aug 2008 11:39:48 +0000 http://www.unstructuredventures.com/uv/?p=51#comment-39 TD, sounds very interesting. I think a model like this is very relevant in areas where there is no VC ecosystem and where the preception is one of too much risk. TD, sounds very interesting. I think a model like this is very relevant in areas where there is no VC ecosystem and where the preception is one of too much risk.

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