[H-GEN] Forming a consultancy [was: New HD in Sunblade 100]

[Frank Brand]

[ Humbug *General* list - semi-serious discussions about Humbug and     ]
[ Unix-related topics. Posts from non-subscribed addresses will vanish. ]

>Perhaps this could be a topic for a HUMBUG talk.  Technical information
>can be gleaned from HOWTOs and other sources; this sort of personal
>experience can only be spread by those who have lived it.


Dr Bill Edwards at QUT actually had an Entrepreneurship element for the
Engineering course at that establishment in the days when Venture
Capitalists were on the front cover of Time Magazine - the middle eighties.
I brought several experts in VC to Australia to talk and some quotes I liked
were:-

When told that the US venture capital market in the mid-eighties was about
$8 Billion and the assembled cash-seeking technologists all went oooh aaaah,
the speaker said in a US accent...."oh $8 Billion, the Pentagon spills that
much on the floor at morning tea time".


When asked whether it was true that US venture capitalists sought a 50% per
annum cumulative return the speaker replied "thats the kind of thing they
scrape off matador's shoes".


Frank Brand


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