Saturday, February 21, 2015

Startups

The Wall Street Journal story on February 19 about startups valued at more than a billion was pretty fascinating (I thought).  There were a lot of stories I was already aware of -- in particular, I'd heard the founders of DocuSign, Eventbrite, and Taskrabbit (the first two in the billion dollar club) speak engagingly at a "Tech Founders Forum" event sponsored by Fortune magazine a few weeks back.  In the "fascinating" category was the claim that Jessica Alba's company Honest Co. was among those valued at more than a billion.  I had that info-bit in my mind when having a really enjoyable and inspiring conversation with the founder and owner of Magic Fairy Candles, flying from Colorado back to Oakland last Thursday, hearing her story about how her business had grown and her initial statement that she was far from that startup world, and then realizing that her business was in fact part of that "eco-system" because she's in fact part of the same world (natural beauty and spa supplies) as Honest.  Maybe the distinction that's been drawn between sole proprietor retail small businesses and the rarefied air of startups is not so hard and fast anymore, and maybe all it takes is an openness to possibilities to be part of the disruptive wave that's happening in technology, commerce and capitalism.  I'm wondering, anyway.

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