Internet Entrepreneurs, The

Funding the 'big idea'

Being so heavily weighted in the technical department led the friends to decide early on that it would be managerial experience as well as funding that would be an essential part of their success:

'I think an important thing that all entrepreneurs have to go through, an important question to ask, is if it's more important to be successful than be in control and we answered the question from day one.

'That meant that we needed to hire adult supervision and additional management. Another thing is that when you are coming out of college, you don't know much about business - you only have perceptions of what other people have taught you and what other role models look like. And by definition, those start-ups that were successful ...