http://www.unstructuredventures.com/uv/2009/02/27/invest-in-the-venture-system-not-venture-capitalists/ Translating Business Strategies into Financial Models Thu, 22 Jul 2010 21:35:00 -0700 hourly 1 http://wordpress.org/?v=3.0.1 http://www.unstructuredventures.com/uv/2009/02/27/invest-in-the-venture-system-not-venture-capitalists/comment-page-1/#comment-2788 Actually, venture capital *is* adapting. | Taylor Davidson (@tdavidson) Wed, 24 Feb 2010 15:22:21 +0000 http://www.unstructuredventures.com/uv/?p=1119#comment-2788 [...] if we consider how and why the larger “venture system” invests risk capital into unproven businesses, then it’s easy to see that venture capital, [...] [...] if we consider how and why the larger “venture system” invests risk capital into unproven businesses, then it’s easy to see that venture capital, [...]

]]> http://www.unstructuredventures.com/uv/2009/02/27/invest-in-the-venture-system-not-venture-capitalists/comment-page-1/#comment-2780 Table of Contents: 30 + Selected Thoughts | Taylor Davidson (@tdavidson) Wed, 03 Feb 2010 12:57:35 +0000 http://www.unstructuredventures.com/uv/?p=1119#comment-2780 [...] Invest in the venture system, not venture capitalists. In a perfect world, “more money for entrepreneurs” would mean more businesses would get created. But it doesn’t work that way. [...] [...] Invest in the venture system, not venture capitalists. In a perfect world, “more money for entrepreneurs” would mean more businesses would get created. But it doesn’t work that way. [...]

]]> http://www.unstructuredventures.com/uv/2009/02/27/invest-in-the-venture-system-not-venture-capitalists/comment-page-1/#comment-1463 Can governments create entrepreneurial and innovation hubs? | Unstructured Thoughts by Taylor Davidson Mon, 09 Mar 2009 13:16:08 +0000 http://www.unstructuredventures.com/uv/?p=1119#comment-1463 [...] Continuing the discussion from the last (real) post, Invest in the venture system, not venture capitalists… [...] [...] Continuing the discussion from the last (real) post, Invest in the venture system, not venture capitalists… [...]

]]> http://www.unstructuredventures.com/uv/2009/02/27/invest-in-the-venture-system-not-venture-capitalists/comment-page-1/#comment-2866 Aaron@iPadApp Tue, 03 Mar 2009 15:42:00 +0000 http://www.unstructuredventures.com/uv/?p=1119#comment-2866 You are right. rnrnIn fact, we used this approach when we first set up our network of incubators. Initially, not all incubators we approach wants to join our network. Instead of banging our heads, we quickly rope in all that do and set off. After seeing the initial results, those that rejected us became very interested to be part of the incubator network.rnrnBottom line: most people still need some success to be convinced. You are right. rnrnIn fact, we used this approach when we first set up our network of incubators. Initially, not all incubators we approach wants to join our network. Instead of banging our heads, we quickly rope in all that do and set off. After seeing the initial results, those that rejected us became very interested to be part of the incubator network.rnrnBottom line: most people still need some success to be convinced.

]]> http://www.unstructuredventures.com/uv/2009/02/27/invest-in-the-venture-system-not-venture-capitalists/comment-page-1/#comment-2867 Taylor Davidson Tue, 03 Mar 2009 15:41:00 +0000 http://www.unstructuredventures.com/uv/?p=1119#comment-2867 Japanese aren't risk-takers either :)rnrnI grew up in the UK for 4 years prior to university and have traveled / worked throughout the world; it's amazing how some concepts are interpreted differently by different cultures. Japanese aren’t risk-takers either rnrnI grew up in the UK for 4 years prior to university and have traveled / worked throughout the world; it’s amazing how some concepts are interpreted differently by different cultures.

]]> http://www.unstructuredventures.com/uv/2009/02/27/invest-in-the-venture-system-not-venture-capitalists/comment-page-1/#comment-2868 Alekkus Tue, 03 Mar 2009 15:38:00 +0000 http://www.unstructuredventures.com/uv/?p=1119#comment-2868 Singaporeans are not risk-takers by nature. Even they know they need to change, they would look for ways that gives short-term tangible returns. rnrnI was lucky to have spend my childhood in Japan and went to the UK for my college. Hence, I'm able to see some subtle culture differences. Singaporeans are not risk-takers by nature. Even they know they need to change, they would look for ways that gives short-term tangible returns. rnrnI was lucky to have spend my childhood in Japan and went to the UK for my college. Hence, I’m able to see some subtle culture differences.

]]> http://www.unstructuredventures.com/uv/2009/02/27/invest-in-the-venture-system-not-venture-capitalists/comment-page-1/#comment-2869 Taylor Davidson Tue, 03 Mar 2009 15:07:00 +0000 http://www.unstructuredventures.com/uv/?p=1119#comment-2869 Examples of success, proof of open beats closed, and a Darwinian market will "convince" companies and management of change (or they'll lose out to competition that do), right? Examples of success, proof of open beats closed, and a Darwinian market will “convince” companies and management of change (or they’ll lose out to competition that do), right?

]]> http://www.unstructuredventures.com/uv/2009/02/27/invest-in-the-venture-system-not-venture-capitalists/comment-page-1/#comment-2870 Alekkus Tue, 03 Mar 2009 15:01:00 +0000 http://www.unstructuredventures.com/uv/?p=1119#comment-2870 Thanks for sharing. That attempt is very rational. It will be very challenging though, given that most established corporates in Singapore are pretty closed up. It's unfortunate that most companies do not see the potential returns in the long run. Even if they do, it's hard to convince the top management to actually doing it. rnrn Thanks for sharing. That attempt is very rational. It will be very challenging though, given that most established corporates in Singapore are pretty closed up. It’s unfortunate that most companies do not see the potential returns in the long run. Even if they do, it’s hard to convince the top management to actually doing it. rnrn

]]> http://www.unstructuredventures.com/uv/2009/02/27/invest-in-the-venture-system-not-venture-capitalists/comment-page-1/#comment-2871 Aaron@iPadApp Tue, 03 Mar 2009 14:21:00 +0000 http://www.unstructuredventures.com/uv/?p=1119#comment-2871 I fully agree that start up is just the first of many challenges. rnrnOne major challenge we are tackling now is growth. Specifically, how do we help startups to grow once they have finished their initial incubation stage.rnrnOur attempt is to cluster companies together in a loose network to form the iphone+itune+at&t equivalent that reduces the transaction costs for startup to access markets and technology. We need to do this because there is no natural platforms among our larger companies. rnrnOnly by forming networks does the industry has the chance to become globally competitive. I fully agree that start up is just the first of many challenges. rnrnOne major challenge we are tackling now is growth. Specifically, how do we help startups to grow once they have finished their initial incubation stage.rnrnOur attempt is to cluster companies together in a loose network to form the iphone+itune+at&t equivalent that reduces the transaction costs for startup to access markets and technology. We need to do this because there is no natural platforms among our larger companies. rnrnOnly by forming networks does the industry has the chance to become globally competitive.

]]> http://www.unstructuredventures.com/uv/2009/02/27/invest-in-the-venture-system-not-venture-capitalists/comment-page-1/#comment-2872 Taylor Davidson Tue, 03 Mar 2009 13:18:00 +0000 http://www.unstructuredventures.com/uv/?p=1119#comment-2872 As a government institution, funding some "setbacks" can still be a positive thing and can still generate returns for society (if not the specific investors).rnrnAnd if it got you thinking and excited enough to build a company even without funding, isn't that a success and still part of the goal of fostering and supporting entrepreneurship? :) As a government institution, funding some “setbacks” can still be a positive thing and can still generate returns for society (if not the specific investors).rnrnAnd if it got you thinking and excited enough to build a company even without funding, isn’t that a success and still part of the goal of fostering and supporting entrepreneurship?

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