On Mon, Jul 15, 2002, Barak Kaufman wrote about "Re: knesset meeting on open source": > Oz-Tech is a company that is oriented in promoting linux to the small -medium > business sector and supporting it ... > unfortunatley it seems like it wont go anywhere since getting investitions > (even in such a promissing project) was impossible ... > RIP another idealist ... :)
I wonder, is the days of doing a startup in your garage with a couple of unemployed friends all gone? With an investment of, say, 100,000 shekels, you can rent an appartment for a year, buy a few crappy computers and even employ someone with minimum wages (say, a secretary, to make the place appear to be a respectable business). The "partners" in such a company would only get paid when some business comes in - and hopefully enough business would come in to give the partners minimum wages after a few months (if it doesn't, it's time close the company) and maybe even hire employees. I know that a new office in Herzelia and 50 highly-paid employees with company cars sound better, but only if you have someone throwing millions at you, and at this point it isn't very easy... I remember, about 8 years ago, when I was invited for some business meeting with one of the first Internet companies in Israel, called "Macom" if I remember correctly (they were perhaps the first commercial company in Israel to do sites for other companies; they went belly-up a few years later, if I remember correctly). They were a bunch of young guys operating from a shoddy rented appartment in a residential area of Jerusalem. I came there with a bus (they didn't offer to send a cab to get me), and the CEO of the company cleaned a glass from the dirty sink and offered to make me a drink (no coffee-making machine, no business meeting in the downstaires arcafe). They expected their business to survive and grow (it didn't unfortunately), not to make $10,000,000 in the first year and be valued at $1 billion after the second. I wonder if it's impossible to do the same thing nowadays. Allons enfant de la Patrie Le jour de gloire est arrive! -- Nadav Har'El | Monday, Jul 15 2002, 6 Av 5762 [EMAIL PROTECTED] |----------------------------------------- Phone: +972-53-245868, ICQ 13349191 |In case of emergency, this box may be http://nadav.harel.org.il |used as a quotation device. ================================================================= To unsubscribe, send mail to [EMAIL PROTECTED] with the word "unsubscribe" in the message body, e.g., run the command echo unsubscribe | mail [EMAIL PROTECTED]
