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Blurb - Doesn't Need VC Lectures
In our search for that rare beast - the profitable VC backed venture - I interviewed Eileen Gittins, the CEO of Blurb. Blurb does Print On Demand publishing for both consumer and professional markets. They compete with Lulu, which announced today that it is "laying off 24 workers at its North Carolina plant because of the slowing economy". That is 25% of their workforce and includes their President. Eileen and I both had the same reaction: "you mean you only just learned that hard times are coming?!".
Blurb - Doesn't Need VC Lectures
In our search for that rare beast - the profitable VC backed venture - I interviewed Eileen Gittins, the CEO of Blurb. Blurb does Print On Demand publishing for both consumer and professional markets. They compete with Lulu, which announced today that it is "laying off 24 workers at its North Carolina plant because of the slowing economy". That is 25% of their workforce and includes their President. Eileen and I both had the same reaction: "you mean you only just learned that hard times are coming?!".
Where Are The Profitable VC Funded Web 2.0 Startups?
Thanks to all who sent in their stories of gritty entrepreneurs. To those who just copied the standard PR spiel with an opening line about "gritty entrepreneurs", please stop! We will be doing some interviews. Right now we are parsing through the incoming stories to classify and spot some trends.
The first big question that jumps out is: where are the profitable VC funded web ventures?
Web 2.0 Gritty Entrepreneurs
When the going gets tough, the tough get going. Times are now tougher. Which makes most people head home. The half-hearted entrepreneurs, the wannabes who thought it was going to be easy, the folks with connections to VCs who could get a $5m Series A for a copycat app. Who will be left? The gritty entrepreneur of the old school who knows that it is really, really tough to build a great company. At ReadWriteWeb we celebrate these gritty entrepreneurs and in a series kicking off today we will be writing about them - and for them.
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