Username: Password:

Rating venture capital deals, investors, exits and more.

Visit VC Ratings

hr

Startups debuting at Launch tweak older business models

Posted on June 11, 2008

Seth Sternberg, who helped launch instant messaging service Meebo only after several other failed entrepreneurial ventures, kicked off the Launch: Silicon Valley event for startups on Tuesday with this sobering comment: Whatever your idea is, absolutely, without a doubt, 10 other people have the same idea. Judging by the startups that won the most praise at Launch, there's nothing wrong with buiding a startup in a well-worn business sector as long as you can improve on the old model. The annual one-day event, hosted by Microsoft Corp. [MSFT] and the Silicon Valley Association of Start...

Original article link


Tags:
venture capital
default explanation