Dan Theobald

As founder of a robots company, Dans background was an interesting contrast to his largely web 2.0-centric peers at this event. He talks extensively about the social responsibility of a good company and giving incentive to your employees. Dan is also strongly opposed to over-use of venture capital, and advised the audience to only deal with it if absolutely necessary. Other peoples money makes you stupid, he quipped, avoid it at all possible. One of the most interesting passages from Dans talk is about how Vecna profit shares with their employees and uses a peer to peer points system (employees give cookies to one another to reward those who are providing value) to determine distributions.

Category:

Science & Technology

Tags:

• sb
• startup
• startupbootcamp
• mit
• vecna