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Monday, November 23rd, 2009

If Funding Isn’t An Issue

January 2, 2008 by Mark  
Filed under Business

Is a really big if…

Of course, this is about being able to monetize “communication” in 140-character bursts on a messaging service. ???

Calacanis says;

“Once you have critical mass you can’t help but make a fortune. An absolute idiot with 10-20M users can make a ton of money. So, get to tens of millions of users and forget about money.”

“When you’re playing in the big leagues with unlimited access to capital you shouldn’t worry about revenue BEFORE you have critical mass.”

Terrence Russell says;

“Our advice for the aspiring entrepreneur? Business plan or not, developing an overall strategy that fits both your levels of commitment and funding is a good start.”

Fred Wilson says;

“But every ounce of time, energy, money, and brainpower you spend on thinking about how to monetize will take you away from the goal of getting to scale. Because if you don’t get to scale, you don’t have a business anyway.”

One word – mobile.

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