Great post from Ross re A Flip/Flop Bubble of Microventures? in which he "attacks" the concept of startups launched and bankrolled by former "bubble entrepreneurs" for the sole purpose of flipping them to large established players.
[…] there are a ton of former entrepreneurs getting back in the game these days. The lure isn’t just that markets are opening again. A mindset is developing in the valley that you can and should develop startups for quick flips. If you have your own cash, you can seed a play like this yourself, filling a targeted niche — both in product, market and engineering expertise. I even heard of a major portal getting into seed funding to encourage it. Perhaps this whole thing was started by Google’s micro-acquisitions. I don’t have any data on this trend, as it is the most private part of equity, but it is the talk of many … Read more »