I work for a “real” start up company here in SD ( I cannot name it because it is well known in the entrepreneurial circles of SD: Connect, SD Venture Group, Tech Coast Angels, etc.). I know all about risk as I am living it right now as we’ve hit some road bumps as a result of “growing pains” and in fact, the decling RE market has impacted our business with a major concrete company. I can assure you, none of the VPs, or C-Level have run out and bought a 1.4M condo as of yet and we are a hell of a lot closer to going IPO or being bought out than some stupid motored surf board. Give me a break. Please do not presume to put this clown in the same company as those of us with a real viable product and market.
