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Investing at a micro scale A personal journey to becoming a micro-VC…. My first fabrication project: Campus Carpets. A lesson in small scale production and the joy of starting a business. Business of Investment: Private Equity. A lesson in keeping it small or losing the joy of ownership.
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Investing at a micro scale A personal journey to becoming a micro-VC… My first fabrication project: Campus Carpets A lesson in small scale production and the joy of starting a business Business of Investment: Private Equity A lesson in keeping it small or losing the joy of ownership Community business: Lason A lesson in reproducing business models – bringing franchising to outsourcing Micro-VC: The Fab Company Marrying machines that make machines with businesses that make businesses
Personal and Workgroup Fabrication Enabling sustainable models of ownership… Invest in activities that enable fabrication Fab enabling Until a machine can truly make itself… …it should at least help pay for itself. Fab enabled Invest in enterprises that are enabled by fabrication
Personal and Workgroup Fabrication Providing commercial support to early adopters… Co-invest in the creation of workgroup fabrication facilities with early adopters Invest in activities that enable fabrication Partner with early adopters to develop effective learning frameworks Fab enabling Moderate an active online community to encourage sharing of tools, tips, and inventions Fab enabled Seed a robust open-source project with design and production tools Invest in enterprises that are enabled by fabrication Facilitate access to and setup of useful equipment bundles
Personal and Workgroup Fabrication Providing capital and expertise to entrepreneurs… Develop investment models that can be effective at a very small scale (micro-VC) Invest in activities that enable fabrication Develop business infrastructure that can be shared among similar small enterprises (reproducable business models) Fab enabling Help entrepreneurs partner with the local community for support Fab enabled Learn from the successes of micro-finance initiatives in developing countries Invest in enterprises that are enabled by fabrication Balance financial return with social return
Machines that make machines… …need… …businesses that make businesses. Personal and Workgroup Fabrication Enabling sustainable models of ownership… www.fabcompany.com