In the past few weeks, there’s been a real blow up over “scammy” Facebook game techniques from companies like Zynga. There was also a very honest run-down of scam-related revenue techniques by Dennis Yu, who I had the chance to meet and work with very briefly at the first Startup Weekend. Essentially, the idea is
Maybe what we call a sub-venture now is really a decent-sized VC deal a dozen years ago.
Sub-venture companies can utilize open source software to quickly and cheaply build their sites and systems – saving money to be used for traffic and branding.
Funding requirements for sub-ventures may be just 10% of typical venture capital rounds, lowering pressure on the entrepreneur.
Lower your people count in a new venture and you’ll lower your execution risks.
A lot of software/online venture activity these days is going “small time”. Instead of investing millions in startups, some venture firms are placing multiple small bets with small teams. Sub-ventures, which we’ll discuss soon more in depth after setting the tone here, differ slightly from the small bets placed by venture capital firms, and they