From Holyrood Magazine, 28 November 2016:
"These cannot just be good tech ideas though. They need to be well thought out, scalable, globally relevant and ambitious businesses with the right management, investors, advisers, sales people and marketers, as well as having world-class technology."
What does "well thought out" mean?
* Simple: a market audience must be able to buy into the idea
* With a team: not an accident waiting to happen (an individual), or a pending divorce (two execs), but a coherent team with complementary skills capable of turning product into significant revenue
* Credible: like bees to flowers, if a fledgling firm cannot attract investors it will probably stall at some stage
In short, if an idea or partly ready product cannot seed a management team, it will not reach the $1 billion valuation unicorn league. With a little tweak though… That's all we're doing, providing a place where like-minded people can congregate over canapés, socialise with seminars, and find advice for maturing ambitions into market leaders.
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