Why this investor likes new ideas that make you scratch your head
When Sean O'Sullivan first imagined “cloud computing” as a way to run software not loaded onto a computer, the feedback he received was, “Why would you want to do that?" Now as an investor,...
========== SEAN O'SULLIVAN, FOUNDING AND MANAGING PARTNER,
SOSV: I invest about $50 million a year intoa 150 new startups every year.INTERVIEWER: You've said that when an idea
appears to be absolutely preposterous, that'swhen you like to get involved.O'SULLIVAN: I think that's an intriguing start
for an investment.I actually love the expression, Buckminster
Fuller.If you really want to change something, don't
fight the existing reality.Create a new model that makes the existing
model obsolete.I was one of two people that came up with
the term cloud computing.The idea was really to have software that
was not running on your computer.The initial reaction for people was, why would
I want to do that?I think that's the initi...