Curiositech

I’ve thought many times about turning CuriosiTech into a company; who knows, I may do it at some point. The thought was part of the driver behind acquiring the domain, actually – if I hold the domain, I can use it for corporate purposes later. In the mean time, you’re stuck with my drivel commentary.

On a related topic, recently Lucinda Duncalfe Holt, chief executive of Commerce360, opined:

“For that reason, Holt puts venture capital as number seven
on her list of funding sources for new companies — and she
has led three startups. Before turning to venture capital, she
will try to tap personal savings, debt, angel investments,
government loans and grants and even financing from
potential vendors and customers. Mousimi Shaw, for her
part, increased her student oans to help start Sikara
& Co., a jewelry maker.”

‘That reason’ is the meddlesome nature of VCs – wanting to get involved in running the business – as opposed to the other sources of funding she listed above. It’s a good thing to remember – VCs are neither the only, nor the ideal, source of startup income. For the full discussion from which this excerpt came, see the most recent Knowledge@Wharton newsletter.