I was living the “good life” in NYC. I worked at an investment bank. I lived in the high-priced area of midtown, and I could see the Empire State Building from my bedroom window. I flew first-class when on my business trips. I had one of the highest salaries you could get coming out of
Author: Jo Tango
VC in NYC: Not So Rosy?
I caught up today with a friend who has been a VC for a long time in NYC. He has been in the business since the 1990s and is now doing angel investing. He has a great track record. Now, I don’t know NYC. We look at things based there and are open to investing
Saying “No” as a VC
An entrepreneur last week called me: he met many times with a VC, who kept saying over and over he really wanted to invest. Then, suddenly, nothing. The VC wouldn’t return his calls or emails. In another recent situation, a different entrepreneur had many meetings with another VC. After many weeks, the VC passed on
My Domestic Chores
“You are the most important man in your daughters’ lives.” That’s what a friend of mine told me. She is the mother of five girls, and she mentioned a book that she read about parenting. I ordered the book and found it helpful. I’ve spoken to some women over the years, and they too say
Inaugural “Coffee Connect with a VC”
Yesterday, the New England VC Association (NEVCA) sponsored the first “Coffee Connect with a VC.” I’ve written before here about my hopes to make the VC community more accessible during my two-year term on the NEVCA Board. We led with one of our strongest folks, North Bridge’s Jamie Goldstein, who has started two companies and has
Internet Consumer: The Cycle Has Turned
There’s a silent but intense winnowing happening right now in venture capital. As the WSJ reported here, many start-ups are having a hard time raising follow-on financing: Just under half of the 165 companies in the consumer information services sector that raised first rounds in 2010 have raised a subsequent equity round and fewer than