Yes James, Good guys do win

6 thoughts on “Yes James, Good guys do win”

  1. Om, inspirational post. Thought I would share one other anecdote that distinguishes the commitment, involvement and foresight of these and other successful founders.

    A couple of years ago, Dev Khare (VC who led Venrock’s investment in Slideshare, now a principal with Lightspeed Ventures in India) asked if I would speak with Rashmi re: premium services Slideshare was developing. Being an avid Slideshare user (see http://slidesha.re/IKxsCm) and a researcher, I readily agreed. A few days later Rashmi called and we spoke for an hour or so – she did a great job asking and probing about my experience, needs, interest in the new subscription models Slideshare was planning, etc.

    Among founders, Rashmi may be exceptional in terms of her “listening skills” (she had previously founded Mindcanvas, an innovative research firm) – however, taking the time to listen and learn from users is a hallmark of effective entrepreneurs. I hope LinkedIn’s acquisition allows Slideshare to continue to innovate and make the platform even more useful. Personally, I think there’s a lot of room to improve discovery (content and relevant contributors), so LinkedIn’s prowess in analytics should prove useful.

    By the way, Venrock’s investment in Slideshare paid off handsomely (15x return on its $2.7m investment http://bit.ly/IKvi5x).

    Dr. Phil Hendrix, immr and GigaOm Pro analyst
    On Slideshare at http://www.slideshare.net/pehendrix

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  2. “Maybe” it’s a bubble? Only when you compare it to the dotcom bubble or the housing bubble. Valuations are certainly higher than they should be. Too many companies working on similar ideas. High demand for engineers. Every other person is starting his/her own company. To me, these are signs of a bubble. The bursting of this bubble may not have a huge impact beyond job losses for lots of software engineers and cooling of the rental market in the bay area but all unreasonable things do come to an end.

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  3. Great companies lead by genuinely hard working people. They deserve the payday. That said, I do wish more companies – those with confidence in their long term abilities – would grow rather than sell. With the exception of Facebook, all of our big names are decades old. I know this is all but impossible to do. So much money is a temptation that I don’t know that I could resist, but I do wish we had more like Disney, Apple, and Ford. Companies that grow into legends. Revision 3 was a great company but gone so early in the days of professional internet content creation, they’ll not be remembered outside of this decade. I’m definitely not saying these guys don’t deserve it or shouldn’t have taken the money…. I just want some of my favourite companies to develop into classics.

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