I’ve been thinking a lot about risk these days. Totally Awesome Dude Matt Lauzon and I spent a 1/2 day fly fishing, about which we’ve been emailing for some time and were able to swing finally (a photo from him up top). Matt has started two companies thus far. We talked about risk as we went
Category: Entrepreneurship
Thank You C.A. Webb & NEVCA
I’m writing to thank C.A. Webb and the New England Venture Capital Association (NEVCA). I’ve been on the Board, and now, I will be rolling off next month. Timing works well, as I will be starting a term as a Trustee at The Roxbury Latin School. At Kepha, we have a policy of getting each
Israel, Gaza and Ethics
“Who is right, Israel or Gaza?” one of my children asked. “Well, it is complicated,” I said. The two of us were out for a quick dinner of tacos and summer ice cream cones. We had a very interesting discussion about the recent events in Gaza and what gave rise to the conflict. The more
What’s Your Start-Up’s Valuation Inflection Point?
When you start a company, you step out into the void. It’s all on you. Building a company is not the same as building a product (as CRV’s Izhar Armony says in an awesome interview here). The former is much more difficult, and in the end, requires a deep management team and significant capital to fund.
Keep Going and Go Public
I really enjoy Fred Wilson’s blog and read it avidly. Recently, he wrote about the importance of having enough capital as a VC to invest in multiple rounds, and also, having the guts to lead an inside round in your winners. I completely agree, given the payoff structures that exist for start-ups. What’s always been
Being a Contrarian
Red Sox owner John Henry, who runs a hedge fund, recently talked about baseball trades. He think the best trades are the ones the fans don’t like. In other words, they are contrarian moves. All this made me think about entrepreneurship. When do you hold vs. fold? Are you being unreasonable and, in fact, crazy