...And How Today's Entreprenuers and Startups Are Quite Similar To Today's Top Chefs and Restaurants.....
The kitchen is getting crowded. There are several cook's in the kitchen and everyone is using the same ingredients. These analogies have been recurring themes in my head the past several months. Start-ups are back in a very visible way in Silicon Valley, the VC market is very active, and the M&A market is exploding.
So what's different this time? The article below offers a good premise that we are entering a "golden age" of company creation. After reading it, the analogy I used above (startups vs top chefs and restaurants) dawned on me. By combining today's specialized technology ingredients (XML, RSS, etc) with several basic technology ingredients (Linux, etc), today's very smart entreprenuers can be likened to some of the top chefs in the world where star status is not differentiated by the ingredients used (there are no secret cooking ingredients) but rather by HOW the ingredients are combined and MOST IMPORTANTLY how the whole package is presented (not just the plate of food but all the way down to the restaurants ambience and wait staff service level).
Below are a few articles with different but similar viewpoints on this new "golden age" of technology
It is likely that in the coming years we will see sizable businesses (based on yearly revenue) come and go at what will seem to be alarming speeds. Businesses can now be created in a matter of weeks to capitalize on whatever important trend or market demand is surfacing. Huge amounts of venture capital in many cases will not be required for establishing the infrastructure, the billing and accounting systems, the transport or supply systems, the IT function - and the list goes on. Such commodities will be expertly and automatically leveraged by super-deep, business-to-business automation, and new enterprises will start up by focusing their energy on differentiating their value in the marketplace rather than creating and supporting all of the associated accoutrements.
Link: Print Story.
Hornik also posted yesterday on a very similar theme here
Built To Be Bought