In economic downtimes, it's about survival
- 00:05:32
- Vator TV
In economic downtimes, it's about survival
Speed is everything; Most ideas are a dime a dozen; If you're not failing, you're not taking risks In this segment of Lessons Learned, Bambi Francisco interviews Dennis Fong, founder of Raptr, a social platform where people can play games. Fong also started gaming company Xfire, which was sold to Viacom for $102 million in 2006. BF: You've been an entrepreneur since you were 18 years old. You've started four companies that are venture backed and three out of the four are gaming companies. So please give us three pieces of advice to our entrepreneurial community.DF: Number one would be speed is everything. I have a golden rule where every day when a deal or partnership does not close, there's a 10% less chance that it will get done. We follow this religiously especially when it comes to ... [ Read more ]
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Vator TV | April 30, 2009
