Business Incubator Series: John McIntyre, Citrix Startup Accelerator (Part 8)

By guest authors Irina Patterson and Candice Arnold

John: If a company we invest in exits down the road at some point, either through acquisition or going through a public market, that equity will come back for Citrix, which would be great.

[However], that won’t be the measurement on sustaining the program. The measurement on sustaining the program is does Citrix feel that we’re learning enough, that we’re supporting the entrepreneurial ecosystem in a way we want to, that we think this is a good overall thing for us to be involved in.

The amount of support from the executive committee, the executive team here at Citrix, has been fantastic. Not only they’ve made the funding available, but they also want to get personally involved with these entrepreneurs. That bodes very well for us.

Irina: And money is just a small part of it, right? Entrepreneurs should pick an idea that they are really passionate about, get the necessary education and mentorship and work really hard on execution. Wouldn’t you agree?

John: Sure. I’ve been in the shoes, though, where you’re an entrepreneur. You want to get your idea of the ground. You want to get it developed, and you need the money. That’s why you get very focused on getting the money, but if that’s your only focus, you’re likely not to be successful. It takes a lot more than the money to get a successful business off the ground.

Irina: Thank you, John.

This segment is part 8 in the series : Business Incubator Series: John McIntyre, Citrix Startup Accelerator
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