What about us little local guys ‘n gals

What about us little local guys ‘n gals?

happy village

“There is plenty of conventional “establishment” writing and advice to startups as to how to raise money from billion-dollar VC funds, how to design companies for rapid growth then acquisition by big pharma/tech, how to ingratiate themselves with bankers and high finance—in general, how to become the growth cogs for the 1% (by convincing the founders/management that they personally can join the 2% as a goal). There is very little true attention to small/local, environmental responsibility, or social contribution—all of which get crushed as grist for the mill and personal greed.

“Developing a literature and culture to mutually support responsible entrepreneurs is an important effort, especially to highlight where the ethical/moral (and especially financial) entrapments and pitfalls lie — and how best to avoid them with alternatives. I am reminded for small (generally younger) farmers succeeding against big agrobusiness by growing high-quality organic crops that can support higher margins and better employee/partner respect.

“Building a parallel universe to the establishment—and avoiding self-destructive confrontation/interaction—reminds of guerrillas effectively competing with a big conventionally powerful army. As Bernie Sanders espouses, we need a revolution.”  This is a quote from my friend Bill New,  a physician, social investor and small school advocate, based in the SF Bay Area/Silicon Valley. This week is his birthday, starting his 75th year, and trying, as he says, ” with moderate success to downsize and simplify, spending time with promising students looking for their path, struggling young companies, and stumbling schools seeking a sustainability paradigm.”

Actually, Bill was co-founder and chairman of Natus Medical for 15 years, among other things. The company is  a leading provider of medical devices, software and services for the Newborn Care, Neurology, Sleep, Hearing and Balance markets, with revenue approaching $400m.

He was responding to my comments in the latest issue of Insights for Founders.