Unicorns, Show Ponies, And Gazelles
posted February 5, 2024 #
My pal Jed is Executive Director over at Radiant Earth now - it's an incubator looking to expand shared data across the planet. I love the Open Data Initiative and this seems to work well right alongside that idea. The more data we share, the better decisions we can make and better tools we can build. Something like that.
In a recent blog post, there's a breakdown of Unicorns, Show Ponies and Gazelles. The basic gist is that Unicorns in the startup world are great - they serve a purpose. Show Ponies are entities that look good on paper but may not provide much function - also great. The Gazelle is a small organization willing to work with others, be nimble, be financially self-sustaining and governed by a nonprofit or trust. Those last two points are especially interesting, imo. Imagine a nonprofit that actually paid employees a reasonable market wage and built a product that they owned. Sounds real good.
All told, it's a metaphor! A creative way to think about an ongoing problem. Others have tred this territory before but that doesn't make it any less valid. Unicorns seem to be what everyone strives for but, frankly, I'm way more interested in being a Gazelle.
In a recent blog post, there's a breakdown of Unicorns, Show Ponies and Gazelles. The basic gist is that Unicorns in the startup world are great - they serve a purpose. Show Ponies are entities that look good on paper but may not provide much function - also great. The Gazelle is a small organization willing to work with others, be nimble, be financially self-sustaining and governed by a nonprofit or trust. Those last two points are especially interesting, imo. Imagine a nonprofit that actually paid employees a reasonable market wage and built a product that they owned. Sounds real good.
All told, it's a metaphor! A creative way to think about an ongoing problem. Others have tred this territory before but that doesn't make it any less valid. Unicorns seem to be what everyone strives for but, frankly, I'm way more interested in being a Gazelle.