So, you sold your company for several million, what's next?
What would you do next if you sold your company to a giant of the Internet industry for several million dollars?
Existing examples show that there are 4 types of Internet millionaires:
• serial entrepreneurs - continue the work begun;
• Dreamers - expand their horizons;
• assistants - invest and help many entrepreneurs to develop new business areas;
• permanent - remain at their work.
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Now let's look at each type and illustrate it with a series of famous examples.
Serial entrepreneurs know how to earn money, select the best people and promote their company to the acquisition of another company or the initial placement of shares on the stock market. Investors simply adore them, and are ready to give them money, because they are sure that he, or her, will succeed again. Note that most serial entrepreneurs are also investors at the same time.
Niklas Zennstrom and Janus Friis
Kazaa, Skype and now Joost. Having destroyed companies that have been developing for decades, and having changed how we use our computers through P2P technology, the North European stars have not calmed down. Their latest venture, Joost, a television Internet service, received funding of $ 45 million from serious venture capital firms like Sequoia Capital.
Marc andreesen
He founded Netscape, and now travels in the same webdvane sled along with Ning - a social networking network. Follow his exciting blog http://blog.pmarca.com .
Joe kraus
Does anyone say anything? JotSpot became his second venture, subsequently bought by Google for an unknown amount. So Joe is now a googler. But I suspect that a new idea may soon spark a thirst for a new startup in it.
Mark fletcher
His first successful ONEList business became part of Yahoo in 1999, but this was not enough for him - he then organized Bloglines, bought by Ask.
Reid hoffman
Former member of the board of directors of Paypal, but now he is preparing for, must be, the largest public offering in the era of Web 2.0 (unless, of course, Facebook does not speak either) with its professional network LinkedIn.
Pierre chappaz
The founder of the engine for comparing store prices Kelkoo , which has become the largest hit in Europe, after it was bought by Yahoo. He currently runs Wikio , a mix of Digg and a search engine aimed at the European public.
Dreamers are very well versed in this business, but pursue other dreams and are exposed to other risks. As a rule, they leave the Internet business and begin to engage in research projects. As for financing, they are not so lucky here as their fellow entrepreneurs are serial entrepreneurs - they usually need government grants, since the possibility of returning funds is much lower here.
Elon musk
From the Internet to space. His new goal is to conquer space with his new company, SpaceX , which recently launched a successful rocket launch into space .
Martin roscheisen
One of the founders of eGroups. Now he works in the field of "green" energy in his solar energy company NanoSolar .
Marc cuban
Started with broadcast.com (purchased by Yahoo for several billions), and now leads the NBA team Dallas Mavericks. Well, this does not apply to science, but it is definitely a dream come true!
Carl Page
Older brother of one of the founders of Google Larry Page (Larry Page). Karl not only helped his brother build Google, he was also among the founders of eGroups, bought by Yahoo. He now holds the position of Chief Technical Officer at HandHeld Entertainment , a company operating in the portable entertainment gadget industry.
Trevor blackwell
He launched a company called AnyBots , engaged in humanoid robots in his quiet office in Mountain View. He also co-founded Viaweb, also sold to Yahoo.
Mark Shuttleworth
His new goal is Bill Gates and Microsoft. South African, the founder of SSL certification company Thawte (now Verisign), is currently leading the Ubuntu project, the first Linux-based operating system included with Dell computers.
Michael Robertson
Like Mark Shuttleworth, he also handles operating systems. Founder of mp3.com (purchased by French Vivendi Universal). He is currently leading a controversial Linux company that has caused much controversy, Linspire .
Sabeer bhatia
Founder of Hotmail (acquired by Microsoft for $ 400 million). Today he is trying to restore Silicon Valley in India called Nano City .
Perhaps this is the longest list, because almost every venture company in its staff has one or several successful entrepreneurs. However, we limit ourselves to just a few examples. These people, instead of focusing on one company and one idea, share their experience and money with new entrepreneurs, receiving shares in return.
Peter thiel
Together with Ken Howery and Luke Nosek, founders of Paypal, now heads the venture capital firm Founders' Fund , which has already invested in Facebook , Geni , Powerset and Slide .
Paul Graham
Helps young entrepreneurs participating in his Y Combinator program. His successful investments include iminlikewithyou , reddit , Scribd and Justin.TV .
Josh kopelman
He founded half.com and sold it to eBay. Now manages First Round Capital - an investment company that invests in projects at their initial stage, already has a decent portfolio, including Wikia, OpenAds, Powerset and Riya.
Permanent, as a rule, are those who have achieved success and brought their company to the initial public offering. For example, Jeff Bezos founded Amazon.com, and today runs the company. Like him, Pierre Omidyar is the founder and chairman of eBay’s board of directors. But, interestingly, they also fuel their passion for new technologies by investing young companies. For example, Bezos invested in 37Signals , and Omidyar’s firm in SocialText .
It rarely happens that the founder of the purchased company remains in it. Scott Shambarger, who worked for eGroups, is still working with Yahoo. Sometimes, as in the case of MySpace, the founders of a purchased company may require substantial compensation in order to stay in their new company.
For none of these entrepreneurs, money is not the only motivation. In the end, there are safer and more profitable ways to make money. It seems to me that one can only explain their ongoing investments and entrepreneurship by a desire for new technologies and creation.
All these people are engaged in what they think they are good at and what can make our life better. Perhaps this is the main condition for a successful business. If your motivation is based on a vacation in the Caribbean, then you have chosen the wrong path. It seems that the passion for technology makes our heroes come back again and again.
In my blog with photos.
Existing examples show that there are 4 types of Internet millionaires:
• serial entrepreneurs - continue the work begun;
• Dreamers - expand their horizons;
• assistants - invest and help many entrepreneurs to develop new business areas;
• permanent - remain at their work.
')
Now let's look at each type and illustrate it with a series of famous examples.
Serial entrepreneurs
Serial entrepreneurs know how to earn money, select the best people and promote their company to the acquisition of another company or the initial placement of shares on the stock market. Investors simply adore them, and are ready to give them money, because they are sure that he, or her, will succeed again. Note that most serial entrepreneurs are also investors at the same time.
Niklas Zennstrom and Janus Friis
Kazaa, Skype and now Joost. Having destroyed companies that have been developing for decades, and having changed how we use our computers through P2P technology, the North European stars have not calmed down. Their latest venture, Joost, a television Internet service, received funding of $ 45 million from serious venture capital firms like Sequoia Capital.
Marc andreesen
He founded Netscape, and now travels in the same webdvane sled along with Ning - a social networking network. Follow his exciting blog http://blog.pmarca.com .
Joe kraus
Does anyone say anything? JotSpot became his second venture, subsequently bought by Google for an unknown amount. So Joe is now a googler. But I suspect that a new idea may soon spark a thirst for a new startup in it.
Mark fletcher
His first successful ONEList business became part of Yahoo in 1999, but this was not enough for him - he then organized Bloglines, bought by Ask.
Reid hoffman
Former member of the board of directors of Paypal, but now he is preparing for, must be, the largest public offering in the era of Web 2.0 (unless, of course, Facebook does not speak either) with its professional network LinkedIn.
Pierre chappaz
The founder of the engine for comparing store prices Kelkoo , which has become the largest hit in Europe, after it was bought by Yahoo. He currently runs Wikio , a mix of Digg and a search engine aimed at the European public.
The dreamers
Dreamers are very well versed in this business, but pursue other dreams and are exposed to other risks. As a rule, they leave the Internet business and begin to engage in research projects. As for financing, they are not so lucky here as their fellow entrepreneurs are serial entrepreneurs - they usually need government grants, since the possibility of returning funds is much lower here.
Elon musk
From the Internet to space. His new goal is to conquer space with his new company, SpaceX , which recently launched a successful rocket launch into space .
Martin roscheisen
One of the founders of eGroups. Now he works in the field of "green" energy in his solar energy company NanoSolar .
Marc cuban
Started with broadcast.com (purchased by Yahoo for several billions), and now leads the NBA team Dallas Mavericks. Well, this does not apply to science, but it is definitely a dream come true!
Carl Page
Older brother of one of the founders of Google Larry Page (Larry Page). Karl not only helped his brother build Google, he was also among the founders of eGroups, bought by Yahoo. He now holds the position of Chief Technical Officer at HandHeld Entertainment , a company operating in the portable entertainment gadget industry.
Trevor blackwell
He launched a company called AnyBots , engaged in humanoid robots in his quiet office in Mountain View. He also co-founded Viaweb, also sold to Yahoo.
Mark Shuttleworth
His new goal is Bill Gates and Microsoft. South African, the founder of SSL certification company Thawte (now Verisign), is currently leading the Ubuntu project, the first Linux-based operating system included with Dell computers.
Michael Robertson
Like Mark Shuttleworth, he also handles operating systems. Founder of mp3.com (purchased by French Vivendi Universal). He is currently leading a controversial Linux company that has caused much controversy, Linspire .
Sabeer bhatia
Founder of Hotmail (acquired by Microsoft for $ 400 million). Today he is trying to restore Silicon Valley in India called Nano City .
Assistants
Perhaps this is the longest list, because almost every venture company in its staff has one or several successful entrepreneurs. However, we limit ourselves to just a few examples. These people, instead of focusing on one company and one idea, share their experience and money with new entrepreneurs, receiving shares in return.
Peter thiel
Together with Ken Howery and Luke Nosek, founders of Paypal, now heads the venture capital firm Founders' Fund , which has already invested in Facebook , Geni , Powerset and Slide .
Paul Graham
Helps young entrepreneurs participating in his Y Combinator program. His successful investments include iminlikewithyou , reddit , Scribd and Justin.TV .
Josh kopelman
He founded half.com and sold it to eBay. Now manages First Round Capital - an investment company that invests in projects at their initial stage, already has a decent portfolio, including Wikia, OpenAds, Powerset and Riya.
Permanent
Permanent, as a rule, are those who have achieved success and brought their company to the initial public offering. For example, Jeff Bezos founded Amazon.com, and today runs the company. Like him, Pierre Omidyar is the founder and chairman of eBay’s board of directors. But, interestingly, they also fuel their passion for new technologies by investing young companies. For example, Bezos invested in 37Signals , and Omidyar’s firm in SocialText .
It rarely happens that the founder of the purchased company remains in it. Scott Shambarger, who worked for eGroups, is still working with Yahoo. Sometimes, as in the case of MySpace, the founders of a purchased company may require substantial compensation in order to stay in their new company.
Conclusion
For none of these entrepreneurs, money is not the only motivation. In the end, there are safer and more profitable ways to make money. It seems to me that one can only explain their ongoing investments and entrepreneurship by a desire for new technologies and creation.
All these people are engaged in what they think they are good at and what can make our life better. Perhaps this is the main condition for a successful business. If your motivation is based on a vacation in the Caribbean, then you have chosen the wrong path. It seems that the passion for technology makes our heroes come back again and again.
In my blog with photos.
Source: https://habr.com/ru/post/31154/
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