Josh Kopelman First Round Capital

What Josh Kopelman, First Round Capital says about topics vital to entrepreneurs

Companies are Bought, not Sold

Josh Kopelman Partner First Round Capital and former entrepreneur

“I [] believe that companies are not sold. They’re bought.

In every exit I’ve been fortunate enough to participate in – both big (Half.com or Infonautics) and small (Turntide, del.icio.us, Vamoose.com, e-Touch or Snapcentric) – the opportunity to exit was there only because we had begun to build a company that has differentiated technology, a strong team, offers customers real value, demonstrates traction in the marketplace, and/or solves a real need for the acquirer. You can’t build a company to sell it – I’ve never seen it work.”    Josh Kopelman, When the Music Stops… http://redeye.firstround.com/2006/03/as_a_little_kid.html