November 6, 2008 //
The Library House 2008 Mediatech 100 supported by Kemp Little and NMA was released in New Media Age today. There are some great companies such as a Moo, Mind Candy and Rummble. But there are companies that in my opinion, although great in their own right, are not startups. Take Volantis for example, a company I admire, it’s 8 years old and is extremely well established within its field. Volantis is not a startup in my opinion and therefore, should not be listed.
By listing companies that don’t belong on the podium, you leave out those that are more deserving. I know from experience that Library House needs to be a little more intelligent. It recently recommended Wubud as a high-growth potential startup. Yet I, nor the team, ever published what it is in any detail. Certainly not enough detail to make such a recommendation. It has been covered in a bunch of nationals and blogs, but it’s all based on speculation.
Come on guys, get out there and network with the entrepreneurs and don’t just go by what investors tell you. It’s not all about companies who have secured funding. Some don’t need it at this stage, yet demonstrate great potential. I’m in the thick of it, so don’t have the time to list companies I think should have made the list. Feel free to do it in the comments on my behalf
So, back to my question, what is a startup in your opinion?