I must say, I’m proud….very proud.
Since a bit more then 4 months I’m working my but of for one of the greatest startups in this new era in the web and now we have launched fully and completely: Welcome Glubble to the world. Glubble redefines several categories and therefor creates a new pie on the web: classic INSEAD case stuff and very very exiting to be involved in! Try it and comment!
Walking around in the world of internet entrepreneurship you’ll begin to see things in the current web world that look like 1999/2000 (aburd valuation of some firms and everybody runnig after the same deals).
The only big difference is that people who are now in this space have:
And that means that we entrepreneurs as the VC’s are more careful and scrutinized, and that will mean that the base will be more solid, hence no bubble… I like to believe that. Anyway, some people take doomthinking to a more creative level: Check this: this is hilarious:
At INSEAD we know that about 30% of the INSEAD grads will end up in entrepreneurship (a few years after they earned back their study loan at McKinsey or an Investment bank) while some claim that only 10% of the population have the character traits of an entrepreneur. Often in class therefor we asked ourselves: “Are you a born entrepreneur or can you become one?” Personally I think that entrepreneurship in the true sense asks for a very skillful manager who is familiar with HR, finance, management, product development, marketing and the works but the bottom line is IMHO: do you have enough risk loving genes in your body? Can you put all you eggs in one basket and start running knowing that everybody around you will declare you insane? The skill set you need but the mentality you just cannot learn: Entrepreneurial minds are born (nature) and the most successful ones will be very skilled as well (nurture)
