I first heard of Chris Shipley back in 2003 from a dear friend that was in awe of her at the DEMO conference series. She would go on and on about how Chris was this super sharp and on-point leader in the tech industry. My friend worked for Goldman Sacs and had an extremely high bar for considering someones real business acumen and so I trusted her judgment.
Fast forward to 2015 and I hear Chris Shipley on the XM business channel radio station saying something most profound. It was utterly awesome to hear her be so honest about the startup space and reminded me of someone totally different.
Ian Mackaye is a legendary musician, but more importantly he’s a free thinker and innovator.
In a great quote Ian states, “American business at this point is really about developing an idea, making it profitable, selling it while it’s profitable and then getting out or diversifying. It’s just about sucking everything up.”
Chris said almost the exact same thing about the startup scene. The American startup incubation machine is about creating companies to sell and much is lost in this race to maximize profits.
The interesting thing is that Chris has no reason to say this. She could easily say positive ‘ra ra’ type things about what she deems the Startup Industrial Complex, but instead is calling out the complex she has supported for it’s ills.