Are You Building Just a Product?

Posted by RickCoplin under Management
From http://rickcoplin.wordpress.com 4558 days ago

The recent Facebook acquisition of Glancee is instructive for entrepreneurs building a company around a product. You may be acquired for the team you have built, so focus on your team as much as the product.

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Comments

Written by RickCoplin
4332 days ago

Heather, my apologies for not responding, until nearly a year later! Is there a way I can have BizSugar email me when a comment is made on a post? Thanks!

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Written by HeatherStone
4556 days ago

Rick,

Thanks for sharing! You'll often hear VC-types say they're investing in the people not necessarily the idea. Here's a great example of why that is the case and why it is so important to be open to the possibilities and planning for possible contingencies when putting together any business.

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