Perhaps Sigma is not the typical start-up. It’s an almost complete team, for one, with a track record that anybody with a Mercer survey from 2008 or earlier can look up. Its youngest member is 35, and presumably none of them are in a desperate hurry for an incubator to pay them a wage. But a line from Giubin deserves consideration from any would-be incubatee. “When you sell your equity early, you sell it cheap,” he declared last month.
2 October 2009 02:47
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Opinion
The on- and off-stage antics at the extravagant Milken Global Conference in Los Angeles tell us a lot about where institutional capital is right on the money – and where it is putting its head in the sand. And while the event retains the extraordinary intellectual and financial firepower that has always been its signature, something has shifted. The absences are as instructive as what's on the program.
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