Wednesday, May 23, 2012
Startup.com
We watched the documentary film StartUp.com today in class. This film did a great job at showing the rise and downfall of a business. Getting to see something happen in the real world every step of the way really gave me a taste of what to expect if i am ever to start a company of my own. The film also showed the personal aspect of creating a company. The toil of the hardships of the company had a friendly fire feel about it on the friendships that started the company govWorks.com. Kaleil Isaza Tuzman and Tom Herman had the opportunity to take a great idea and break into an undiscovered marketplace, but as the film shown they did a few things wrong and combined with the dot com bubble pop, saw their company go bankrupt and fail. This film showed the importance of have a stable and very clear management hierarchy and business plan. Constantly in the film confusion was seen in employees and investors because Tom and Kaleil never really separated their positions in the company and appeared as co CEOs and each seemed to be on separate ideas on the direction of the company. I really enjoyed this film and wished more information was provided throughout the film and even the lives of the two founders after, such as did Tom ever get any kind of settlement after he was let go?
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