Josh Coates: Disruptive Entrepreneur Speaks

If you are in Utah Thursday, you have to pay $10 to hear Silicon Valley transplant Josh Coates speak about how to start a company
and raise money. He is an incredible technologist with a disruptive
business model and he knows how to raise capital. He likes to challenge
the way the Utah angel and VC community fund startups. Josh likes the
Silicon Valley way. The event will be at Los Hermanos in Lindon at 3:30
pm. Don\’t miss this.

10 thoughts on “Josh Coates: Disruptive Entrepreneur Speaks

  1. BTW, students can always get into Connect Magazine events free. Just register with a .edu e-mail address and click the pay at the door option instead of the credit card option. When you get to the event, they won’t charge you.

  2. I was sitting in front of Paul A. at the luncheon and I could barely hear Josh over the buzz of his thumbs taking notes on his Blackberry. 🙂 He’s not kidding about the whole 55 wpm thing!

    I enjoyed the luncheon. Much of what he said was autobiographical, but he did give some good advice during the Q&A. A few tid-bits: Entrepreneurs need to hire a law firm with at least 75 series A funding cases under its belt. Wilson Sonsini is a good choice. / VCs are like a pet bear cub: No matter how fun and exciting they are to have, they can still bite your head off if you’re not careful.

    I’m sure Paul will mention more in a future blog.

  3. Hey Paul, you spoke at BYU this week and I thought it was the best presentation we’ve had all semester. I only had one negative observation. You mentioned that the most important principle of advertising is a quality product and yet Folio infobase is the absolute worst database product I’ve ever worked with in my life. =) Great lecture however–I thoroughly enjoyed it.

  4. “Disruptive Technology” is defined at the link referenced in the first post of this thread. The definition given there shares space with the author’s echo of Dvorak’s assertion that ‘disruptive technology’ is not a useful term.

    I think Dvorak enjoys dismissing popular terms and concepts, and I agree that people have pulled the word far from its original context. However, in the sense that a disruptive technology is simply one that causes major shifts in the business models, companies, or ideas prevalent in a given industry, there are plenty of interesting examples of it.

    Napster disrupted the music industry — shook it from a complacent almost-monopoly, propmpted a hard and forceful response from the incumbent, and awakened consumers to renewed contemplation of intellectual property and the value of Britney Spears.

    Historically, numerous other inventions have prompted similar disruptions within various established industries. Think affordable and viable personal automobiles, to the horse-and-buggy industry. Think the telegraph, the radio, TV, and the Internet. Each has prompted three, important changes:

    1. Major disruption to the incumbent industry – forcing a “change or die” upon them

    2. Economic pressure brought against the challenger – the incumbent struggling to avoid change

    3. Public acceptance of the new technology, overriding pressure from the incumbent and (if not saving the actual innovator) leading to the diffusion of the the improvement.

    As a tactic to “make more money in business,” the idea of disruptive technoogy is no more useful than the idea of marketing better or creating better products. As a framework for analysing the impact of various technologies, however, the concept of disruptive technology is very handy.

    Wow. That got a lot longer than I meant it to be.

  5. Josh really is a smart guy and an insightful speaker. I also recommend hearing him speak if you haven’t had the opportunity yet.

  6. I had the privilege of buying Josh lunch about a year ago and hearing one of his presentations.

    He is the real deal.

    You won?t be disappointed if you go and hear him.

    His remarks in the recent edition of Connect Magazine about the Utah investment community are a must read!

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