Adam Eatros

I read this blog post from Bijan Sabet and thought it was one of the better posts I have read in a while.  

“I’d shut down Apple” - Michael Dell, 1997.

That line is from one of the most memorable quotes ever.

Today Michael Dell said it was a misunderstood quote. Maybe, but my gut says it wasn’t. Why clarify it 14 years later. It doesn’t make any sense to me. 

Here’s the way I look at it.

You have believers and non-believers.

Believers will do whatever they can to make it work. They are committed past the point of return. A team of believers is unstoppable. I love the Steve Jobs quote that John Lily shared recently:

If you want to make Apple great again, let’s get going. If not, get the hell out

On the other hand, non-believers can’t imagine anything working.

They see the downside. They think about opportunity costs. They think about that green grass on the other hill. They can’t imagine a struggling company making it through the pain. That’s the sentiment that drove Dell’s comment many years ago. He was a non-believer.

Startups exist in a world dominated by non-believers. They are surrounded by this all day long. VCs turn them down. The press takes shots. Some employees leave. Big companies call their life’s work “a feature” or a “poor man’s email”. Or people that have never worked in a startup, dismiss new ideas and new companies as yet another attempt at xyz (where xyz represents the impossible in their eyes).

I’m very happy to be working with founders to try the impossible.

The odds and stats tell us that most startups won’t work out. Everyone knows that.

But we are believers. We believe that we can make it work.

And that’s what gets me up every morning. 

In every startup, there are constantly up-and-downs that will test emotions that you didn't even know you could feel.

The real question comes in times of adversity: What type of person do you want to be known for?

Future of VC Internet

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Great presentation by @msuster posted on his blog about the current state of venture capital and how TV is the next big market to get disrupted.

This is one of the main reasons Brandon and I decided 4 years ago that we wanted to get into the online TV space and started Yidio.  This is the first time in the 62 year cable television history that the industry ($100bn+) is undergoing disruption.  Prior to 4 years ago, there was zero access to this content outside of the wire that's connected to your tv.  

We are big believers that the web will be the primary distribution and access point for content consumptions for years to come.