How startups are judged.

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As startups founders we tend to forget something really simple and essential. This quote from Steve Jobs is a strong reminder of how things work for any given company. This is particularly  shocking for me since he said this to his NeXT Computer team even after founding Apple and being already a super successful entrepreneur:

“We are going to be judged like every other startup from here and out and that is by what our product is and how timely we bring it to market”

Conclusion? it doesn’t matter who the fuck you are or what’ve you done in the past, so let’s get back to work and get some AMAZING shit done.

 

Acqui-hires in Japan and Mexico

After reading this article on Tech Crunch written by Ben Narasin from TriplePoint Ventures I couldn’t wait for too long and start wondering: how about Mexico or Japan? 

First things first, this is the definition of Acqui-Hiring from Wikipedia:

Acqui-hiring or Acq-hiring (a portmanteau of “acquisition” and “hiring”) or a talent acquisition is the process of acquiring a company to recruit its employees, without necessarily showing an interest in its products and services (or their continued operation). 

Mexico: No acqui-hires whatsoever. Period. I don’t know a single major company in Mexico doing this, and this is something totally broken, wrong and sad. For any healthy startup ecosystem we need this and Mexico is far far away in this space.

Japan: I don’t hear about many acqui-hire deals in Japan, but I want to hear from Japanese experienced people about this issue.

I would love to red your comments about this particular issue, so folks from Japan and Mexico feel free to comment. Let’s discuss.