ITNorthWest Voice

This is a blog for all the technology entrepreneurs based in the North West of Ireland - musings about our business, companies, interests, trends and any other random thing that hits us.

Sunday, June 12, 2005

Less is More

I really enjoy Fred Wilson's blog - some great insights into the world of VC A recent post caught my eye - "Less is More" His last comment... "Our dream at Union Square Ventures is to one day fund a company that gets to a billion dollars of revenues with less than 10 employees and does it legally. We may never do it, but someone will. Because less is more." That is our dream too - you don't have to be selling Enterprise software at $500k a ticket any more to mke a Billion dollars in revenue. With the right mix of business model, online service, technology quality and distribution channels you can hit this - ebay, google, yahoo, etc have done it - others like craigslist, skype, etc are well on their way.... Less is more in today's world - the world of Web2.0


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