For all founders, going public is a momentous milestone that has to be experienced to be fully understood. It is the culmination of years of hard work and personal sacrifice. Jay Samit culminationexperiencefounder Change image and share on social
No first-time entrepreneur has the business network of contacts needed to succeed. An incubator should be well integrated into the local business community and have a steady source of contacts and introductions. Jay Samit businesscommunitycontact share on social
Too many investors overvalue companies in the near term while undervaluing them in the long term. Jay Samit companyinvestorlong Change image and share on social
When Thomas and John Knoll launched Photoshop 1.0 in 1990, the software couldn't even handle color images. But their offerings got the startup noticed by Apple and Adobe, both of whom became key to the fledgling company's later success. Jay Samit adobeapplecolor share on social
Every time a twenty-something CEO turns down a multibillion-dollar offer for a company that has little or no revenues, it hits a raw nerve in me. Unlike most professionals, I am not shocked by the seemingly bizarre behavior of those founders who pursue their vision beyond all rational thought or monetary reward. Jay Samit behaviorbizarreceo share on social