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Customers Love Free Stuff … But That’s Not Your Problem

abovethecrowd.com

This “gain” ($34B last year alone) is a result of a direct wealth-transfer to these individuals FROM the previous owners of the company — founders, executives, employees, and venture investors. Is it disrespectful to imply that the founders, executives, VC-backers, and the boards of these companies are gullible or naive?

IPO 82
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After Facebook's IPO flub, value of tech startups falls back to earth

www.theverge.com

A string quartet played a medley of pop radio hits as several hundreds startup founders, Goldman Sachs bankers, and venture capital investors, chatted over drinks inside a gleaming neon temple of Angel Orensanz in lower Manhattan. Capital will be harder to come by, and founders will be more open to sell. By Ben Popper 06.19.2012.

IPO 48