Take it from Julian Brodsky, cofounder of telecommunications giant Comcast: “The greatest way to scale is to use other people’s money.”
“Not particularly through venture capital,” he added, as reported by the Inquirer, “…but principally by slicing and dicing a whole lot of entities… owning 51 percent [of each] and keeping control…When you got all the way to the subsidiary, our economic interest might have been 5 or 10 percent, but we still controlled it.”
That was one of the lessons Brodsky, who went to Overbrook High School and Penn, shared at Philly Startup Leaders‘ recent Founder Factory conference, which also featured advice on hiring. The former Comcast chief financial officer, Brodsky, 79, left Comcast’s board in May 2011.
Find more than a dozen takeaways from Brodsky’s talk over at the Inquirer.
Before you go...
Please consider supporting Technical.ly to keep our independent journalism strong. Unlike most business-focused media outlets, we don’t have a paywall. Instead, we count on your personal and organizational support.
3 ways to support our work:- Contribute to the Journalism Fund. Charitable giving ensures our information remains free and accessible for residents to discover workforce programs and entrepreneurship pathways. This includes philanthropic grants and individual tax-deductible donations from readers like you.
- Use our Preferred Partners. Our directory of vetted providers offers high-quality recommendations for services our readers need, and each referral supports our journalism.
- Use our services. If you need entrepreneurs and tech leaders to buy your services, are seeking technologists to hire or want more professionals to know about your ecosystem, Technical.ly has the biggest and most engaged audience in the mid-Atlantic. We help companies tell their stories and answer big questions to meet and serve our community.
Join our growing Slack community
Join 5,000 tech professionals and entrepreneurs in our community Slack today!