Entrepreneurship Exists in the Tiny Space Between Madness and Genius

In his presentation at the Behance 99% Conference in New York, venture capitalist Fred Wilson outlined his views on ten different types of entrepreneurial models for the modern Internet economy. These range the gamut from the single-person Sole Proprietorship (Matt Drudge) to the Project (James Cameron’s Avatar) to the Breakout (Foursquare) to the Company (Twitter). Depending on their size and complexity, not all of these entrepreneurial models require VC investment or angel money to get off the ground — in fact, thanks to the efficiencies created by the Web, it’s easier than ever to bootstrap a company without the need for institutional backing.