The Startup as Resume

Startups are so cheap to build these days that the true payoff may not even be flipping them. Says Mike from TechDirt:

While the complaint is that so many of these companies are built to flip rather than to be sustainable businesses, some are noticing that this process is really just a better way for some to stand out and get a job. You build a company quickly and cheaply that gets some attention, and a bigger company comes along to scoop up your company, giving you a nice "signing bonus." In effect, the purpose of these companies is to act as a strong resume to stand out from the crowd.

Comments

[Ahorre Hispanic Marketing]

Does the payout for a signing bonus outweight the 1) time 2) investment of new company.

[Michael Bell]

It's a viable strategy, especially for taking your career to a higher level. Why ask an employer to trust that you can do something of significance when you can demonstrate it instead?