I recently had lunch with an entrepreneur. He’s a graduate of one of the major accelerator programs here in town. A very thoughtful person. For his seed round, he raised money from angels. Unfortunately, one year later, he says that only half of them will even reply to emails. The rest have disappeared. This entrepreneur
I was lying down on the couch at home, blogging on my iPad. The Good Wife and the kids started laughing and showed me this New Yorker cartoon. Guess I better do the dishes now!
I recently was invited to a private dinner and poker event, involving some VCs and entrepreneurs. The organizer likes to keep it quiet. It was a really fun event at Catalyst, one of the new restaurants in Cambridge, and I was glad to find some fellow Bourbon drinkers at my table. Also, I think I
I started blogging in February on a lark. I read a bio on Steve Jobs and thought it would be a great idea to leave behind a record for my children, once I’ve passed. Frankly, I wasn’t sure if it was “good for business” as a VC, but it was worth a shot. In fact,
Yesterday, I connected with two folks, who wanted fundraising advice. Each is making plans to start his own VC fund. Today, a friend of mine just announced that he is doing the same. I know of a number of others fundraising currently for small one-person/two-people firms. I’m sure there are quite a few others out
Mobile is “hot” again. I have been meeting with a lot of entrepreneurs in the space. Very few are making money. The average paid mobile app earns only five dollars a month. Yesterday, I met with an entrepreneur who has an app in the top 20% in the App Store. He makes about $1200 a