Viewing entries tagged
Thresholds

[office hours] “But I don’t think my idea’s that big.” —Don’t sell yourself short. You may be sitting on a $500M USD business.

[office hours] “But I don’t think my idea’s that big.” —Don’t sell yourself short. You may be sitting on a $500M USD business.

I hold office-hours meetups, akin to the Clinics that A_Space holds, wherein they bring in subject matter experts, and they co-work side-by-side with budding entrepreneurs. Sometimes we sign NDAs before we get into it, often not though: but almost always a no holds barred discussion about what I need as a venture office and what the founder needs. I either work in the foyers at the office—or cafeterias—, or I actually work at co-working spaces (just as long as the internet runs per workstation at > 30mbps.

One founder in particular, came in, and wanted to chat about her food and beverages business. Particularly, she wanted to get into the catering business. Five minutes in, I found myself reiterating points on thresholds and criteria that my own personal venture office, Katalyst.ph, which I’ve committed another block of $1M USD to investing in the startup ecosystem here in the Philippines—in the way of grants mostly, and startup seed capital.