I've been thinking about this one for awhile now. Here's the quote I think we're talking about:
>That said, Portland Ten is a unique model which combines incubation/investment theory, along with the extreme bootstrapping methods and GTD approach I’ve been developing via Hundred Dollar Business.
While I'm not entirely sure what Carolynn means by incubation/investment theory, I do understand that she is not implying direct investment. I do not see any contradiction, but can understand why you'd be confused.
That said, I would be interested to learn what she means by taking an investment theory approach..
what i mean by "investment theory" is that there are specific requirements angels/VCs have when evaluating startups for fundability, that are indicators of the entrepreneur's ability to execute a high-growth concept.
we are extracting those characteristics/indicators and building that into the learning model for Portland Ten-- so that the entrepreneurs who work with us understand those concepts & are trained to think on that level, in regards to identifying and exploiting a scalable market opportunity.
essentially, rather than using the skills/information i've learned as related to high tech funding to work on the investment side of the table by taking a job as an analyst or working with a fund, i'd rather work with startups who are too premature to get attention from investors, or who may ultimately not be interested in taking funding, to pre-engineer the way they think about running a company so that it operates on a high-growth level, but doesn't require fitting into the venture capital model.
hope that helps. feel free to ask more questions or ping me directly via www.pdxten.com.
Comments
I've been thinking about this one for awhile now. Here's the quote I think we're talking about:
>That said, Portland Ten is a unique model which combines incubation/investment theory, along with the extreme bootstrapping methods and GTD approach I’ve been developing via Hundred Dollar Business.
While I'm not entirely sure what Carolynn means by incubation/investment theory, I do understand that she is not implying direct investment. I do not see any contradiction, but can understand why you'd be confused.
That said, I would be interested to learn what she means by taking an investment theory approach..
jackowayed, joshuarr-- thanks for the question.
what i mean by "investment theory" is that there are specific requirements angels/VCs have when evaluating startups for fundability, that are indicators of the entrepreneur's ability to execute a high-growth concept.
we are extracting those characteristics/indicators and building that into the learning model for Portland Ten-- so that the entrepreneurs who work with us understand those concepts & are trained to think on that level, in regards to identifying and exploiting a scalable market opportunity.
essentially, rather than using the skills/information i've learned as related to high tech funding to work on the investment side of the table by taking a job as an analyst or working with a fund, i'd rather work with startups who are too premature to get attention from investors, or who may ultimately not be interested in taking funding, to pre-engineer the way they think about running a company so that it operates on a high-growth level, but doesn't require fitting into the venture capital model.
hope that helps. feel free to ask more questions or ping me directly via www.pdxten.com.
-carolynn