I retired from personal blogging in July 2008.
But you can find me over at http://blog.xero.com.
Posted by Rod in TechBiz at 8:02 pm on Friday, 27 October 2006
Going even further, there is yet another level, when you can fund new ideas properly right from the start. This is the ‘insider money‘ phenomena that leads to ‘Silicon Welly‘
I’m doing a number of Level 3 ventures right now. Letting some great people loose and see where it goes. It is fun.
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In your last post Rod you argued that the industry needs more DFBR or FDBR businesses to grow. But I think you have answered your own question. The difference is in being “proven” or for “enthusiasts” to work with “serial entreprenuers”. Therefore the industry in NZ only lacks two things, more “insider money” and more “proven entreprenuers”. Since you are going to be the serial entreprenuer with the “insider money ;-)” then the next progression will obviously create more “proven entreprenuers”. Go Silicon Welly! How does Auckland get in on this?
[...] I’m investing in a number of tools that I’ve always wanted to run the businesses that I’ve been involved with. All are Software as a Service (SaaS) space and examples of Fund, Design, Build etc … [...]
Rod, what in your opinion constitutes “proven”?
Good question. A successful deal certainly. Profile and thought leadership, maybe.
What do other people think?