At university, one of our Professors was a successful lawyer. A French lawyer based in New York.
I remember how important we felt to have this person flying from NY, NY for us.
I remember also his eyes when he was speaking about Internet and his personal investment in Internet start-ups. This was the first time I heard about Business angels.
He taught us the passion of Internet. The enthusiasm of discovering a new West.
“If you don’t go to Internet, how will you explain this to your children in 20 years” he told us.
This was in 1999.
I don’t know more about this person today, but I still remember his passion and what he taught us.
It took me a crack and 6 years to come back to Internet. But once I was back, the question was: “Where to go?”
There is Internet from outside and internet from inside; there are the gurus who explain you how great it is and that there are rules for every thing and those who just tell you that you have to try (btw: interesting to see that those gurus are not often those making million dollars exits).
You have huge portals with no profitability, others with huge profitability.
You have business angels investing millions in strange business models and some good products without financing.
So we decided to take the road of users’ generated content.
Posted by frankcisar