Froth, or A Venture-capitalist
religion.
Starting companies can start fortunes,
industries, pump up economies, make
careers,
change the lives of everyone in a
nation or the world.
Light bulb, electric generation, AC
power = modern civilization.
One guy perfected the light bulb, and
made over society – all of it.
Two stinky nerds in a garage built a
breadboard computer,
and their legacy is a trillion dollar
company,
and a smartphone in a billion hands
around the globe.
It is difficult to know what will take
off, make it, hit it big,
be adopted and become fashionable.
Macintosh computers were obviously
advanced, amazing,
but it took another two decades for
their manufacturer to soar;
But the smartphone became ubiquitous in
a decade.
When you combine technology, smart
humans, capitol and determination,
astounding, improbable, unbelievable
things can and do happen.
They have, over and over.
This is to denote a religion of
inventing.
A religion of doing, a religion of
making,
a religion of creation.
Not just once. But over and over,
continuously.
This is the religion of inspired
capitalism.
Not quite your pop stand or flea market
table, no...
The “inspired” means intelligent,
driven by one or more very smart founders.
You need intelligence, a background of
technology, lots of financing, and determined, dedicated,
passionate employees. A venture
capitalist to sit on the board and be a shepherd, a guide, a
common-sense voice. Then, sit back and watch magic happen.
The mix won't catalyze, won't combust
every time.
But when it does, the world is
transformed, and billionaires are minted!
And more wealth is generated for
everyone participating.
It is the duty, the mission and
responsibility of the founders of every technology company:
To make their organization the next
Apple, the next Xerox, the next Tandem, the next world-changing
company out there. To strive for anything less is to allow
mediocrity and ultimate failure into your company.
(In Froth We Trust – Froth is the
next Big Thing.)
Froth - A religion of Inspired
Capitalism
Inspired: by the Intellect of the
founders and the Determination of the whole organization.
Capitalized: by Venture Capitalists
and far-seeing investors.
Religion: Generating the non-stop
dedication to the cause which is to create and market products that
will change the world, revolutionize our lives, create wealth for
everyone.
Examples of Inspired Capitalism –
world-changing companies and ideas.
Apple computer
Cisco - fistfights in the corridors,
but world-changing products shipped out the door.
Intel - founded by engineers fleeing
Fairchild Semiconductor in 1968.
Tandem computers - because airline and
wall street computers should not crash, by golly.
Segway and it's founder – let's try a
new way to get people around. Dean Kamen.
Uber and Lyft, and other sharing
technologies, Bird and scooter companies.
Some products will only last a few
years, but they in turn propel further innovation.
AI-powered Robots and Dolls, controlled
via Smartphone (thank you again, Steve Jobs).
(Some of us still remember the days
when you had to walk up to a device and turn it on, not just tap your
phone.)
A few individuals, some starting
financing, a good idea, and miraculous transformation occurs.
Miracles are no longer the province of
old-time Christianity. Now they will happen in labs and basements
and garages, from Mountain View CA to Shanghai, China.
The next hundred years will be
absolutely mind-boggling. Enjoy the show.