Comments on: A Melbourne Cup Special: Betting on Startups is Like Betting on Horses Because… http://www.ipitch.com.au/public/a-melbourne-cup-special-betting-on-startups-is-like-betting-on-horses-because/ Follow Australia's Startups Fri, 25 May 2012 02:06:10 +0000 http://wordpress.org/?v=2.7.1 hourly 1 By: uberVU - social comments http://www.ipitch.com.au/public/a-melbourne-cup-special-betting-on-startups-is-like-betting-on-horses-because/#comment-72 uberVU - social comments Mon, 02 Nov 2009 22:32:54 +0000 http://www.ipitch.com.au/public/?p=673#comment-72 <strong>Social comments and analytics for this post...</strong> This post was mentioned on Twitter by IPitchAU: In preparation for #MelbourneCup, here's how investing in startups is like betting on horses: http://bit.ly/63yfU... Social comments and analytics for this post…

This post was mentioned on Twitter by IPitchAU: In preparation for #MelbourneCup, here’s how investing in startups is like betting on horses: http://bit.ly/63yfU...

]]> By: Ben http://www.ipitch.com.au/public/a-melbourne-cup-special-betting-on-startups-is-like-betting-on-horses-because/#comment-70 Ben Mon, 02 Nov 2009 11:36:09 +0000 http://www.ipitch.com.au/public/?p=673#comment-70 Plenty of other analogies with racing including risk and reward and the ability for both to be able to quantify, perception versus reality, information and impact on market dynamics. End of the day you have to back your own judgement Plenty of other analogies with racing including risk and reward and the ability for both to be able to quantify, perception versus reality, information and impact on market dynamics. End of the day you have to back your own judgement

]]> By: Arjen Lentz http://www.ipitch.com.au/public/a-melbourne-cup-special-betting-on-startups-is-like-betting-on-horses-because/#comment-67 Arjen Lentz Mon, 02 Nov 2009 05:32:51 +0000 http://www.ipitch.com.au/public/?p=673#comment-67 On the topic of betting... Depending on how you look at it, you could say that VCs actually bet *against* you with >10:1 odds. On the topic of races... building a sustainable successful business is possibly not at all like a horse race, if it's like any race it might be like a marathon. But, it depends on the objective. If the objective it to get acquired (or IPO), with VC funding, then it *can* be a race. On the topic of betting…
Depending on how you look at it, you could say that VCs actually bet *against* you with >10:1 odds.

On the topic of races… building a sustainable successful business is possibly not at all like a horse race, if it’s like any race it might be like a marathon. But, it depends on the objective. If the objective it to get acquired (or IPO), with VC funding, then it *can* be a race.

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