I had the honor of joining Austin Inno’s Billy Utt today on The Beat. His usual host, the resplendent Brent Winstom, was I’m sure preparing to cheer Dwyer or Haas to the 200m freestyle gold tonight, so I was called up from the deck to chat live about the latest in Austin innovation, via The Beat newsletter.
Of late I’ve been exploring, discussing, and working with Austin’s venture capital economy. We’ll not belabor the ongoing discussions of the state of venture capital, lack of funding, future of financing, and otherwise here; rather, what struck me as potentially helpful is a mere layout of where venture capital is found. Certainly, before we can
In the midst of the next startup bust (apparently), entrepreneurs are seemingly struggling to raise capital now more than ever. A very frequently asked question I’m hearing, sounds something along the lines of, “should I just take the terms of the local incubator?” But what troubles me in such questions more, is not the desperation
Referred to by a couple local financing executives as “the best seminar they have been to here in Austin,” I recently had the honor of moderating a discussion of venture capital funding, thanks to the support and hard work of Texas State University’s SBDC and Frost Bank. Why so compelling? That’s precisely the question we
A far too frequently overheard conversation in the startup community goes something like this: “Apparently neither Instagram nor Snapchat had paying customers while receiving both seed and series A funding?! I couldn’t believe it. Investors, advisors, and incubators these days are constantly trumpeting that a monetization model (or at least an anticipated revenue trajectory) is
Among the most cited frustrations by entrepreneurs that can’t get funding, is that they have customers and sales, and that they’re being encouraged to get more. And yet… As we explored in a previous post (“Should I be raising money?”), with the utmost deference and respect to investors, the worst advice you might hear from