Starting a company vs. construction company, which is more important?

Intermediary transaction http://www.aliyun.com/zixun/aggregation/6858.html ">seo diagnose Taobao guest cloud host technology Hall

Starting a company vs. construction company, which is more important?

Editor's note: As the saying goes, it is easy to play Jiangshan, difficult to sit. For entrepreneurs, it is also facing the problem of entrepreneurship and yeh. Which is more important to start a company or build a company? David Lee, founder of the renowned investor and investment agency SV Angel, posted his views on the blog.

Fred Wilson, a leading venture capitalist in Silicon Valley and a famous blogger, Flede Wilson a series of lectures on how to build sustainable companies. His blog posts also highlight the difference between "founder" and "Building" companies.

It's easy to start a company in Silicon Valley or New York. In general, I personally think this is a good thing. However, although it is easy to start a company, construction companies have become more difficult things.

"Building" a company means creating a durable mechanism for innovation and prosperity in multiple technology circles. This will take 10 years, 20 years of effort. Chow Klaus Joe Kraus once said to me, "sustainability is the most valuable thing in the tech industry." "What he means is that it is very difficult to exert a long-term, coherent and lasting impact on the technology sector, after all, the industry has changed too quickly," he said. In my opinion, the people who do this include grove (Andy Grove), Bezos (Jeff Bezos), Steve Jobs and Google. Facebook is clearly on the verge of achieving that.

We are in the era of corporate founder praise. Startups get all the attention, but the builders of the company are obscure. It is not difficult to understand, who makes the former more blood-swelling? Because the industry is very special, we SV Angel may be responsible for this. My point is that anyone who has the courage and wisdom to start a company should theoretically have this opportunity. The main difference between the United States and other countries is the entrepreneurial spirit and entrepreneurial culture. Simplifying the process of starting a company should be the norm.

Some people disagree with me. After all, it's probably just for the environment in Silicon Valley and New York, and it will cost you. This view is not unreasonable. But after weighing the pros and cons, I still want to start a company simpler, not more complicated. The previous financing of these companies usually comes from individuals or entities that can afford to lose. In my opinion, it's like a scholarship to graduate school.

But for the construction company, I don't think so. Financing 5 million, 10 million or more is really a difficult thing to do. At this point, the company's real investors may be pension funds, university endowment funds or other public/private entities. At this point, you will allow people to have and to help you "build" the company. At this point, although you have found the right product/market, but it is still possible to judge errors. At this stage, unless you have such experience, you should recruit one or a group of people with this experience. But as noted above, such people are hard to find.

Our SV Angel focuses on the start-up phase of the company. We also work with companies at every inflection point. But the founders we usually invest in want to "graduate" and go into this difficult phase-building a company. Our participation usually takes place in the first 18 months, and if they can graduate, we hope that the next phase will last for 10 to 20.

This article is compiled from: daslee.me

(Ding Macro)