Going Large with Social Infrastructure
Bipul Sinha
Principal,
Lightspeed Venture Partners
Lightspeed Venture Partners
Entrepreneurs today
The maturity of the Internet as a platform and the growth of open source projects have essentially democratized entrepreneurship. The entrepreneurs are leveraging the outsourced infrastructure along with Internet based low cost distribution to test and refine business models and the successful models raise substantial venture capital to scale. The emergence of so called technology incubators and super angel investors has provided significant impetus to this trend which I feel is net positive for the eco-system. My advice to entrepreneurs is to avoid the “feature trap” and think about building large, scalable businesses because the market is very competitive and there is no such thing as an easy flip.
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