Continuing the theme of case studies for MBA Mondays, I want to use a milestone that was passed last night to make a bigger point about startups.
I have known Scott Heiferman since the late 90s. He was one of the early NYC web 1.0 entrepreneurs. We were quite friendly with Scott but we were not early investors in Meetup, the company Scott started right after 9/11. Scott and I were at an event together and when asked about something he replied that he viewed Meetup as "a twenty year project." He said that it would take at least twenty years for Meetup to achieve all that he wanted from it and possibly a lot longer. And that he was patient and committed to that timeline.
To read the full, original article click on this link: A VC: Tenacity And Persistence Pays Off
