How do you treat your kids when your startup is a success?
launchlab.co.uk
launchlab.co.uk
Does he do much stuff on the net? startups or such?
He's been on the show for all six seasons. There are a lot of Dragons' Den episodes and specials uploaded in high-quality here: http://www.youtube.com/user/DDRepeat
Some of his investment/entrepreneurial specialties are mobile telecommunications, television, and media. http://en.wikipedia.org/wiki/Peter_Jones_(entrepreneur)
I've watched quite a few DD episodes. Doug was the most tech-hip Dragon the show has ever had. I think he had the best grasp of, and the most interest in, scalable startups and modern technology. I wouldn't expect the other Dragons to do someday be doing something like this: http://www.schoolforstartups.co.uk Or this: http://trutap.com
Doug is based in Cambridge, UK [where I am, too]. Am tempted by Cambridge Angels, might have to ask around YC and see if anyone has any experiences.
There seems to be a reasonable startup scene there, do you go to any meetups? know of any?
Drop me an email - I love meeting interesting people :)
Here's a few handy links: www.refreshcambridge.org # great web community with monthly meetups http://upcoming.yahoo.com/event/1493387/
http://philip.greenspun.com/materialism/early-retirement/
He also adds another clever idea:
"Can we tweak the $N bonus idea at all? What if a kid becomes a repulsive yuppie despite the lack of financial necessity? Won't his siblings become envious when Chad, Jr. gets a $3 million check from Chad, Sr. to supplement his $1 million/year earnings at J.P. Morgan? Perhaps there should be a sliding scale for the bonus where the first $100,000/year is muliplied by 4, the next $100,000 by 3, the next $100,000 by 2, and the rest of the kid's income is not subject to a parental bonus. Or there could be a lifetime cap of $10-20 million per kid (no Gulfstream for Johnny :-( )."
Good motivator for them to work their ass off