Best post-bubble quote of the day
January 2nd, 2008 by Benjamin KuoFor those of you who know Jason Calacanis (formerly of Weblogs) you know he’s always great for controversy or at very least a good quote (the last time I saw him, at the Forbes MEET conference, the folks at Forbes were threatening to “tase him” for the questions he was asking of the panelists). He just posted some advice for Twitter about business models (namely, not to figure one out until you’ve reached “scale”):
Running a startup is NOT about revenue anymore–it’s about critical mass. It’s about scale. When you’re playing in the big leagues with unlimited access to capital you shouldn’t worry about revenue BEFORE you have critical mass.
Hmm…
