In light of all the Disrupt@Scale kerfuffle, inquiring minds want to know. I'm a bit confused about the way the term "exit" is used in this context, too: coverage of BlueChilli seems to refer to startups "exiting" the program when they have raised on the order of $A300K - to paraphrase Arthur Dent: "this is obviously some strange usage of the word 'exit' that I wasn't previously aware of". I imagine this can't mean "Blue Chilli has now cashed out of these startups", right?
A few hundred grand is a way of testing your business model and paying salaries for a year or two, no? It's not "success" in itself. I would imagine that a startup that raised such an amount a few years ago and doesn't have some major other signs of life to be more likely to be dead than to be viable, unless there is some evidence that it is managing to pay salaries, release new products, etc. Which startups are considered to be long-term viable out of this program? Which are "too soon to say"? Public info only please. -- -- You received this message because you are subscribed to the Silicon Beach Australia mailing list. Vist http://siliconbeachaustralia.org for more Forum rules 1) No lurkers! It is expected that you introduce yourself. 2) No jobs postings. You can use http://siliconbeachaustralia.org/jobs To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/silicon-beach-australia?hl=en?hl=en --- You received this message because you are subscribed to the Google Groups "Silicon Beach Australia" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. For more options, visit https://groups.google.com/d/optout.
