Showing posts with label Stanford. Show all posts
Showing posts with label Stanford. Show all posts

Should You Take The Leap to Go Global?

Posted by Bikhin7 Friday, December 12, 2008 0 comments

Founders of Billpoint, Inc. (not sure how successful it's been), Achievo Corporation, and Israel-based FraudSciences Corporation (which appears to have been bought by PayPal) talk about what it's like to start a company and take it global.

Chen says about his leap to go global:

"You look out over the cliff, and it's exhilarating. It looks like a lot of fun. But sometimes you want to jump off," Chen said with a laugh.
It's not quite like that. Every experience is different. But doing a little homework helps immensely to reduce risks and the fear factor. That's why we created this blog!

Note: After a some cyber-searching, it looks like Billpoint, Inc. was bought by PayPal too!

Go Global Right At the Start

Posted by Bikhin7 Wednesday, September 10, 2008 0 comments

Again, welcome Wall Street Journal readers -- happy to have you with us!

Here's what Randy Komisar, Kleiner Perkins Caufield & Byers says (2004) about whether to go global right at the start:

According to Komisar, globalization needs to be part of the tool set for every entrepreneur doing a start-up today. This doesn't mean immediately going global, but understanding the global market and having a plan for the future, he adds.
Watch his 3 minute, 19 second video clip about it here.

I don't necessarily agree with his remarks but let's give him the benefit of any doubt. After all, this video was done in 2004. A lot has changed since then.

If you are smart, innovative, proactive and know how to manage risk -- you can attack markets in far off places right at the start of your business. Of course, it helps to begin planning early.