Josh Kopelman writes an epic post that should be standard reading for all entrepreneurs and business school students (and current crop of VCs). I’ve started 4 companies and can say with certainty that Josh is right on the money. PodTech Network original idea was a blog vertical search engine but it turned into a media company. I know that Mike Arrington started Techcrunch to understand and research the market for Edgeio. Now he has a budding media franchise. At the end of the day the results are the same … entrepreneurs adapt – they move on opportunities presented by the market.
Entrepreneurship is a funny thing these days…On the surface it seems easy because doing business on the Internet is easy, but building a business is hard. Josh’s post hit home with me because he sees the same thing. Failure is good and cost less then it ever was…but the game is the same as it ever was… build a product and make money for all involved.
Josh is a talented guy. Here is a audio interview that I did with Josh a few demo conferences ago