INSTANT MBA: "The Internet Is At A Stage Where You Can Try Something And See If It Works -- You Don’t Need Much Money”

lars hinrichs

Photo: marjinalporternovelli

Today’s lesson comes from Lars Hinrichs, founder of Xing, the European business networking site.
“It is much easier to find a business guy for a working prototype than a great geek who wants to work for a business guy. The internet is at a stage where you can just try something and see if it works or doesn’t. You don’t need much money.”

We don’t have to discover the next Google, we just need to discover a few [small businesses]. But if you finance many companies it is mathematically more likely that you find the next Google.”

– Lars Hinrichs, founder of Xing

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