director at 586
20 March 2004 02:28am
Now that a real sense of optimism has returned to the internet sector, will we start seeing the return of equity projects and some semblance of the incubator model?
Are people starting to consider projects that promise cash tomorrow, essentially technical experts working with content and marketing partners to create new web and wireless experiences?
There is much to do and many opportunities ahead, but will agencies put downtime to good use by linking up with fledgling content/services providers to create the next wave of big things, for the web?
I'm not so sure this is the case, or whether there is such a thing as agency downtime. I think any downtime simply accelerates the timescales for the delivery of other projects, helping agencies win pitches by promising to get the job done quicker.
But what of freelancers or those agencies that lose out on what they thought was a nailed on contract? What then?
I'm starting to think that there is room for an aggregator of all this commercial talent. A project that marries entrepreneurial business minds with the sharpest technical and creative experts, in pursuit of revenues that might otherwise never see the light of day.
Is an incubator network such as the model describe feasible? Would agencies and freelancers buy into a jam tomorrow deal with any sort of commitment? I'd be keen to hear what it's really like out there, from both sides of the fence. Is anyone actually doing this?
ceo at mbites media
23 March 2004 14:20pm
My god. I damn well hope not. Incubators were a terrible idea born totally of the bubble economy. Everyone now is either a freelancer or angel funded or friends and family or funded through revenue. Everything else is just snake oil. Any bigger than that then, yes, use a VC. But incubators?!
Freelance Web Consultant at architxt.net
23 March 2004 14:46pm
Perhaps there is scope for an entity that lies somewhere in between the two, allowing for angels, friends, family and any other private individuals to come together on a scale large enough to provide enough funds for a project to have go at it?
Funding power to the people!
OK, I have an idea here. Who should I approach to develop it? Venture Capitalists or my friends and family?
Managing Director at Business Dynamix Limited
24 March 2004 09:38am
Depends on whether you have a new way of delivering financial and skills support through a single mechanism that can provide the rewards/ outputs that will turn on the participants or are just looking for some support. Also whether you see it as a purely commercial or a not-for-profit operation.
Are you looking for players or funding/ if the latter then if it is a new concept then maybe the EU/ DTI/ SBS could be interested.
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