How VCs Make Money: the 2 and 20
Tuesday, 31 March 2020
In downturns in the economy, it’s then that Venture Capital Funds really come to the forefront of our startup communities because it’s then that entrepreneurship shifts from a buyers market to a sellers market. Buyers vs. Seller. Some time ago, I got a little bit of s*** for suggesting that founders think of Venture Capitalists
- Published in Insights / Research, Startups
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Startups, It’s About Returns to Investors
Wednesday, 20 November 2019
I’ve had a particularly interesting week in Austin; through some events and lots of coffees, I’ve meet with a ton of founders, perhaps more than ever in 3 days alone. Interesting why? Easily half, argued with me that startup investors are seeking revenue and don’t require an exit. At least, that’s what they’re being told.
- Published in Startups
Introducing Venture Capital to Kids
Wednesday, 13 November 2019
With three kids of my own (10, 12, and 14), and a lot of time spent in incubators and corporate innovation programs, I’m frequently wondering if and how we can’t better introduce our kids to entrepreneurship and prepare them for what’s involved in raising capital. Begging this question, How would you explain venture capital to
- Published in Startups
What Startup Founders Might Consider Before Seeking VC
Tuesday, 05 November 2019
Venture Capital seeks opportunity, not a sales pitch. The mindset to have is that you don’t want to have to seek VC, you want investors to seek you. Of course, that doesn’t mean you won’t have to do the work and start the conversation; it’s a mindset – what are you doing to build the
- Published in Startups
“A VC is asking 6% for acting as an advisor…”
Friday, 27 September 2019
As a startup mentor, that’s the start of the all too common question from founders trying to figure out if they should part with equity to get someone involved. As a venture partner, that’s a reflection of what too many startups are offered and it’s a turn of the phrase that ranks right up there
- Published in Featured, Raising Capital, Startups
Is ‘Blitzscaling’ Choking Innovation – And Wasting Money?
Thursday, 11 July 2019
WIRED and Executive in Residence and faculty member at Columbia Business School, Leonard Sherman, published a great look today at the implication of substantial rounds of investment going into young companies. The idea behind the intent, known as Blitzscaling, is to fuel such innovations substantially enough that they can establish a global market share and
- Published in Startups
The 5 Reasons Investors Pass on Startups
Monday, 10 June 2019
Is it that simple? Let’s try… I’ve explored before HOW startups fail and article after article after article ponders why they fail. I hope we can agree on a simple fact that IF a startup is going to fail, investors would rather not be involved. Yes? So might it be as simple? Investors consider countless