Innovation 2.0
Jeff Clavier has a fantastic post which shows real instincts into marketplace and paths to liquidity facing us today.
Throughout the 90’s I was plauged with the understanding that if I took VC funding, the vision of what I wanted to do would be compromised with the hunt for the IPO.
Then came along Om Malik’s piece on ‘the new road to riches’ in which he makes it very clear it’s about getting bought out, not IPOs that is the path to liquidity nowadays.
So I breathed a sign a relief! Finally!
As I’ve watched this model come to life with ODDpost, Flickr, Dodgeball, etc. I’ve delighted in our own potential path.
But we got something special up our sleeves. We’re not only gonna do it without VC funding, but without Angel funding - either. It’s called bootstrapping, and it’s working.
We’re also going to show a new kind of business model which is based upon promulgating open standards and acting like a ‘work for hire’ business - which brings in those juicy ’services’ revenue streams.
So what happens if you combine:
- healthy double digit scalable growth and LOTS of profit
- fundamental new contributions to the world of DLAs, micro-content publishing and convergence
- real leadership, innovation and chutzpah
- the ability to say “NO - you’re wrong!” to these bilionaire boys club members - who are used to people shrinking in terror at them - once they enter the room. [Otherwise known as 'strategic consulting'.]
I say we’re forging new ground. The model that Organic (remember them) utilized of taking stock and back-end points in ALL the projects they did - only works if the products they created were successful.
So we’re making sure to create and or have something to do with only the COOLEST, most relevant areas, sectors, marketplaces, trends, services, ideas and standards around.
Then the aggregate of that is our annuity portfolio - which we bring to the table when it’s valuation assesment time.
So all you GYMs out there have been notified. That’s Broadband Mechanics model.