{"id":2131,"date":"2005-02-12T12:03:00","date_gmt":"2005-02-12T16:03:00","guid":{"rendered":"http:\/\/www.meehawl.com\/Blogfiles-wp\/?p=2131"},"modified":"2005-02-12T12:03:00","modified_gmt":"2005-02-12T16:03:00","slug":"folding-table-theory-of-start-ups-is-shite","status":"publish","type":"post","link":"https:\/\/www.meehawl.com\/Blogfiles\/2005\/02\/12\/12\/03\/folding-table-theory-of-start-ups-is-shite\/","title":{"rendered":"Folding Table Theory of Start-Ups Is Shite"},"content":{"rendered":"<p><a href=\"http:\/\/www.google.com\/search?num=100&#038;hl=en&#038;lr=lang_en&#038;safe=off&#038;c2coff=1&#038;q=michael.malone+fortune&#038;btnG=Search\">Michael Malone<\/a>, a &#8220;celebrity business journalist&#8221; provided this convenient <a href=\"http:\/\/abcnews.go.com\/Business\/print?id=88655\">pat analysis of start-ups<\/a>:<\/p>\n<blockquote><p><a href=\"http:\/\/abcnews.go.com\/Business\/print?id=88655\">One of the tools I&#8217;m best known for is Folding Table Theory of Start-Ups. It says that when you walk into a new entrepreneurial company and you see a nice lobby and expensive office furniture, that company has its priorities screwed up &#8212; either it is more interested in comfort than success or it is over-capitalized and lazy &#8212; and it will never make it.<\/a><\/p><\/blockquote>\n<p>This &#8220;theory&#8221; has virtually no real predictive value. It&#8217;s just a fable, a nice, morally affirmative tale to tell around the camp fire. I&#8217;ve seen plenty of glitzy start-ups that succeeded. I&#8217;ve also seen plenty of dirt-poor, cheap-arse start-ups that failed. Classic example of glitzy start-up that prospered: Google. It *never* spared any expense in super-expensive office furniture or expensive employee toys and perks. And I also saw lots of excellent, spunky, bare-bones start-ups in San Francisco with wonderful products, clever marketing, driven people, and who patched their servers together with duct tape but that just couldn&#8217;t get a nod from fad-obsessed VCs.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Michael Malone, a &#8220;celebrity business journalist&#8221; provided this convenient pat analysis of start-ups: One of the tools I&#8217;m best known for is Folding Table Theory of Start-Ups. It says that when you walk into&#46;&#46;&#46;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2131","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"aioseo_notices":[],"jetpack_featured_media_url":"","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.meehawl.com\/Blogfiles\/wp-json\/wp\/v2\/posts\/2131","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.meehawl.com\/Blogfiles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.meehawl.com\/Blogfiles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.meehawl.com\/Blogfiles\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.meehawl.com\/Blogfiles\/wp-json\/wp\/v2\/comments?post=2131"}],"version-history":[{"count":0,"href":"https:\/\/www.meehawl.com\/Blogfiles\/wp-json\/wp\/v2\/posts\/2131\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.meehawl.com\/Blogfiles\/wp-json\/wp\/v2\/media?parent=2131"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.meehawl.com\/Blogfiles\/wp-json\/wp\/v2\/categories?post=2131"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.meehawl.com\/Blogfiles\/wp-json\/wp\/v2\/tags?post=2131"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}