When British voters voted for Brexit in 2016, comedian James Acaster gave a hilarious and apt analogy.
When you make tea, “if you leave the [tea] bag in, and over time, the cup of tea itself as a whole gets stronger. And it might appear like the bag is getting weaker but it’s now part of a stronger cup of tea. Whereas if you take the bag out, the tea is now quite weak, and the bag itself goes directly in the bin.”
I think that’s the case with a lot of spinouts. Not all. But a lot.
Stay up to date with the weekly cup of cognitive adventures inside venture capital and startups, as well as cataloging the history of tomorrow through the bookmarks of yesterday!
The views expressed on this blogpost are for informational purposes only. None of the views expressed herein constitute legal, investment, business, or tax advice. Any allusions or references to funds or companies are for illustrative purposes only, and should not be relied upon as investment recommendations. Consult a professional investment advisor prior to making any investment decisions.