Panel of Web Community Founders: Utter Defiance of the "Venture Capital" Model
At the CommunityNext conference I moderated this panel with the founders of six very successful web properties:
Akash Garg of hi5
Sean Suhl of Suicide Girls
Max Levchin of Slide
James Hong of HotorNot
Markus Frind of PlentyofFish
Drew Curtis of Fark
This is the most amusing panel that I’ve ever moderated, and the speakers defied many conventions of tech entrepreneurship—in particular the ones that venture capitalists believe are “proven.” If you’d like to learn how these companies became successful without “proven teams, proven technology, and proven business models,” you’ll love this video.
Here’s a little factoid that blew my mind: both Fark and PlentyofFish have only one employee!