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Fellow internet junkies will recognize name of LoudCloud CEO, Marc Andreesen as an early architect of internet and developer of first "browser" to allow surfing web, called Mosaic. He's quoted in that story above, lamenting fact that his latest project is seen as too "small" with a valuation of only $439.5 million.
Marc, take a vacation! You've earned it!
Now my real motive in penning this essay is to ask why? Why does this economy see NONE of us that make up remaining 50% of economy and lament that companies worth nearly a half-billion dollars are "too small"?
You have literally millions of small business people doing virtually millions of jobs out here. The Butcher, Baker, Candlestick maker are all out here daily doing what needs to be done to make US economy run smoothly and continue to hum while big bad boys of ENRON and KMART and PG&E are going bust even with their billions?
Even slightly dishonest used car dealer who wheedles a few hundred more than necessary from hairdresser that "just loves that little sports car over there" is better than greedy corporate CEO's filling their bank accounts before trashing companies they run.
Ultimately, Joes Used Cars CEO contributes more to economy than does CEO who sees to it that his own account is flush before putting his invisible employees on street to look for new work.
I'm stunned that when analysts talk about small, that they are talking about those businesses earning nine- figure incomes! You've heard of what amounts to that fantasyland dream of earning six figures, right?
Why is that not enough? And why are those of us out in real world making less than that fantasy figure like single molecules sliding through a nanotube?
We are invisible entrepreneurs.
Francois de Visscher, a Greenwich, Conn. based financial consultant and investment banker said, "If you are a $100 million company, a $500 million, or a $1 billion company, you're not a small business anymore."
Thank you for that Francois, at least I know I'm still a small business. Thank goodness for that.
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