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I started Idealab with a dream to make something like a modern version of Thomas Edison’s Lab where we could test ideas under one roof and then spin them off into separate companies. These companies would have their own management teams and their own equity pools, while at the same time benefitting from shared experiences and resources.
With lots of help from so many great people, my dream became a reality. We have come up with more than 5,000 ideas, started more than 150 companies, and had more than 50 successful IPO’s and acquisitions. We are most proud that we created more than 10,000 jobs and thousands of new entrepreneurs.
We learned lots of lessons - some great and some painful - and it’s my honor to share them with you here. If even one tiny bit of one of these lessons can help you be more successful, that would make me so happy. I love entrepreneurship, and hope that our lessons can help more companies and entrepreneurs to be successful and change the world in a positive way.
I am so grateful to all the people who helped me make the Idealab “experiment” work for these 25 years.
Sincerely,
Chairman and Founder,
Idealab
MAKE INVESTORS MONEY
One of the things I've learned is it's very important to make investors money as for more reasons than you might think.
Of course, you want to be fair to your investors. Of course, you want to be able to work with people again in the future. But another thing I've learned, if you're really focused on making a deal with investors that’s truly win, win so that you show that you really care about how things turn out for them, that will be a really powerful way to actually close your investment and to build a great partnership that's really going to work great for you in the long term.
So, it's really important to always be thinking about making a great return for your investors, as well as for making a return for yourself and all of your employees.
Bill Gross discusses his entrepreneurial journey to solve climate change
SALT Voices: Bill Gross | Founder & Chairman, Idealab
Ground-breaking solar technologies and why clean technology is a trillion dollar opportunity
Bill's talk on the single biggest reason why startups succeed
Bill speaks about regulation designed to foster technology-driven growth
An informative and inspiring talk on innovation and starting companies
I started Idealab with a dream to make something like a modern version of Thomas Edison’s Lab where we could test ideas under one roof and then spin them off into separate companies. These companies would have their own management teams and their own equity pools, while at the same time benefitting from shared experiences and resources.
With lots of help from so many great people, my dream became a reality. We have come up with more than 5,000 ideas, started more than 150 companies, and had more than 50 successful IPO’s and acquisitions. We are most proud that we created more than 10,000 jobs and thousands of new entrepreneurs.
We learned lots of lessons - some great and some painful - and it’s my honor to share them with you here. If even one tiny bit of one of these lessons can help you be more successful, that would make me so happy. I love entrepreneurship, and hope that our lessons can help more companies and entrepreneurs to be successful and change the world in a positive way.
I am so grateful to all the people who helped me make the Idealab “experiment” work for these 25 years.
Sincerely,
Chairman and Founder,
Idealab