In business school I had a new venture class in the school’s basement. During a group project, while we were devising overwrought strategies based on theory and not much else, the professor said, “I think it’s time for you to get out of the basement.” Maybe he meant it literally, but I’ve used the expression […]
https://basisstate.com/wp-content/uploads/2021/02/BasisState_Logo_SM.png00Paolo DiVincenzohttps://basisstate.com/wp-content/uploads/2021/02/BasisState_Logo_SM.pngPaolo DiVincenzo2018-09-17 14:02:202021-09-29 17:40:26Get Out of the Basement Early, but Don’t Stray Too Far
Another day, another announcement of a successful exit — terms not disclosed. Then a flurry of congratulatory messages. Then rumors that maybe the exit wasn’t as successful as people initially thought. It’s a pattern, and it’s not helpful to entrepreneurs. Why does this happen? No standard measure of “successful.” At its most generous, successful can just mean […]
Get Out of the Basement Early, but Don’t Stray Too Far
/in Opinion /by Paolo DiVincenzoIn business school I had a new venture class in the school’s basement. During a group project, while we were devising overwrought strategies based on theory and not much else, the professor said, “I think it’s time for you to get out of the basement.” Maybe he meant it literally, but I’ve used the expression […]
Your “Successful Exit” Might Be Harming Entrepreneurship
/in Opinion /by Paolo DiVincenzoAnother day, another announcement of a successful exit — terms not disclosed. Then a flurry of congratulatory messages. Then rumors that maybe the exit wasn’t as successful as people initially thought. It’s a pattern, and it’s not helpful to entrepreneurs. Why does this happen? No standard measure of “successful.” At its most generous, successful can just mean […]