Emergic: Rajesh Jain's Blog

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Built-to-Flip

September 27th, 2004 · No Comments

Business 2.0 writes on hte new approach to creating companies: “Oddpost is part of an emerging breed of here-today, bought-tomorrow startups that are sprouting with minimal funding, flowering briefly, and being gobbled up by far bigger companies. In many instances, these built-to-flip outfits forgo — or sometimes can’t get — money from venture capitalists. They instead create shoestring operations focused on the rapid development of narrow technologies to plug gaps in existing product lines or add useful features to existing products. Then they look to a deep-pocketed patron to scoop them up.”

Tags: Entrepreneurship

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