Pre-IPO Bubble

A currently "non-occuring" speculative bubble where there is an increasing number of pre-ipo companies with ridiculous valuations which will never reach investor expectations

Economist: it seems like the dot com bubble is happening again except companies are pre IPO

Added by JonWilkins almost 9 years ago

*Insert Noun Here* Enthusiast

A description often used in online social blogging bios that superficially attempts to showcase aspects of one's personality that one wants others to remember them for. Many times these descriptions are used to compensate for lack of knowledge or experience in that very same area.

Hi my name is Homer, I'm a Ruby on Rails enthusiast, cat owner, and a tech aficionado living in the Bay Area. I do marketing for Lyft.

Added by yungsnuggie almost 9 years ago

Backseat Investor

An investor who will never tell you no, but will wait for a lead investor to commit so he can take a backseat and ride the return train. They always tell you to keep them informed with your project without ever providing active help.

I thought Cody would be a generous investor after his company got acquired, but instead he's just another backseat investor waiting for a bigger fish to bite.

Added by yungsnuggie almost 9 years ago

Just go start a company

Common advice given in Silicon Valley due to the current rockstar status of entrepreneurs and how easy and affordable it has become to start a company. Tools like AWS, Heroku and Rails have made it easy for new developers to put up simple websites and mobile apps to validate their ideas. Online coding education such as Codecademy is getting better and becoming more commonplace. With all that said, not everyone is suited to be entrepreneur, companies need employees and being a successful entrepreneur is not as easy as it may seem based on the number of funding announcements you see on TechCrunch.

http://techcrunch.com/2014/07/20/the-problem-with-founders/

Boss: I think you have too much potential to be working here as an early employee. Just go start a company.
David: I don't really want to. The last idea I attempted was an on-demand cat walking service and it failed so badly I don't want to ever do it again.
Boss: I'll be honest. That sounds pretty bad... but I still think you should start a company.

Added by zazpowered almost 9 years ago