The recent Facebook acquisition of Glancee is instructive for entrepreneurs building a company around a product. You may be acquired for the team you have built, so focus on your team as much as the product.
Are You Building Just a Product?
Posted by RickCoplin under ManagementFrom http://rickcoplin.wordpress.com 4361 days ago
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“Rachel: Great to hear! Thanks for your kind words! :)
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Martin...”
“Thank you, Martin. That's a fantastic motto... and I couldn't agree more!...”
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4135 days ago
4360 days ago
Thanks for sharing! You'll often hear VC-types say they're investing in the people not necessarily the idea. Here's a great example of why that is the case and why it is so important to be open to the possibilities and planning for possible contingencies when putting together any business.