For three days this week at the Demo conference in Silicon Valley, founders with companies in cloud, enterprise, consumer, mobile, social and media technologies are being advised onstage by “sages”—venture capitalists, angel investors and executives who tell them how best to proceed.
One piece of advice came across again and again Tuesday at the conference: Don’t think small.
“You need a big idea,” said Reid Hoffman, the co-founder of LinkedIn Corp. and a part-time partner at Greylock Partners, speaking to VentureBeat Chief Executive Matt Marshall on stage (the conference is sponsored by technology blog VentureBeat). “You have to be paranoid. The tech cycle is new invention every two to three years, and if you’re not vigilant and inventive enough and evolving, you’ll drift off course.”
To read the full, original article click on this link: Advice For Tech Start-Ups: Go Big Or Go Home - Venture Capital Dispatch - WSJ
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