Renowned venture capitalist Vinod Khosla, of Khosla Ventures and previously of Kleiner Perkins Cauflied & Byers, recently contributed a guest post to the New York Times Bits section, warning entrepreneurs against building a company with the main goal of being acquired. This focus is the antithesis of the Silicon Valley culture, and is more of a mercenary, Wall Street type of mentality. The Silicon Valley way of building successful businesses is by missionaries, those founders that believe in a vision and execute on that vision. If an attractive opportunity arises to be acquired during this process, then that's fine, but it should not be the focus. An interesting perspective from an insightful venture capitalist. Here's the link: http://bits.blogs.nytimes.com/2012/07/13/khosla-the-silicon-valley-vision/
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