Bootstrapped Startups Don’t Win More Often; You’re Reading the Data Wrong
Tuesday, 21 April 2026
Every few months, some founder-influencer reposts a chart “proving” that bootstrapped startups succeed at higher rates than venture-backed ones, and a thousand frustrated founders forward it like scripture. Occasionally, I’ll get into an impassioned discussion there, trying to help everyone understand what’s really going on, why everyone is frustrated with VC, and how misinterpretations are
- Published in Insights / Research, Startups
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Why We Teach Startups to Pitch to Investors Even If They Don’t Want Venture Capital
Friday, 06 February 2026
I realized this week, that this is a discussion point I have with almost every founder, and yet I’ve never bothered to write it up. Every founder. Particularly in our work in Founder Institute, when teaching or mentoring dozens of founders in the same room, the question is always posed, “why are we working on
- Published in Startups
The Customer of Venture Capital Isn’t the Founder, It’s the Investor
Wednesday, 22 October 2025
Until Cities Get That Straight, Startups Will Keep Starving for Capital It’s a weird day when the world’s entrepreneurs sound like customers complaining about a bad product. “We can’t find funding.” “Investors aren’t taking risks.” “There’s no capital in our city.” You’ve heard it a thousand times; it’s the economic equivalent of Yelp reviews from
- Published in Economic Development, Raising Capital
Why Most Accelerators Fail – And What Comes Next
Tuesday, 23 September 2025
On The Forge of the Unicorns with Michele Brissoni I’ve been in hundreds of cities working to support entrepreneurs and ecosystems. One thing I’ve seen over and over again, whether I’m in Boise, Bogotá, or Brussels, is this illusion that we can bootstrap startup economies by launching accelerators. We treat them like vending machines: plug
- Published in AI, Startup Ecosystems
Bootstrap or Raise Capital: How to Decide What’s Right for Your Startup
Monday, 01 September 2025
If you’re like me, it might have been Labor Day in the U.S., and it was a beautiful one here in Austin, not putting in any work is more or less impossible; besides, entrepreneurs throughout the world were working and so with the focus on work, I couldn’t help but put thought to this frequently
- Published in Raising Capital, Startups
Botswana’s Startup Paradox: Why Africa Searches for Venture Capital
Wednesday, 16 July 2025
This is a country with the continent’s most stable democracy, solid credit ratings, one of the fastest-growing economies in Africa over the past fifty years, and the world’s largest diamond producer. Having just released our research into why venture capital avoids regions of the world, my attention turned to Africa because the continent is arguably
- Published in Regional Development
Why Venture Capital Avoids your Startup Ecosystem
Monday, 14 July 2025
Working with cities throughout the world, developing startup ecosystems, every one of them echos the same in their effort to encourage entrepreneurship, “we’re focused on bringing investors to the table.” What they’re doing is typical, ironically, of founders, who hear a problem and the focus on the solution (which by the way founders, is wrong).
- Published in Featured, Startup Ecosystems







