I read Terry Francona’s new book. He is the ex-Red Sox Manager, who took the team to two World Series titles and, at long last, “reversed the curse.” If you like baseball, it is a fun insider’s view into how a professional sports team is run. If you like following companies, it’s also an example
Category: Technology and VC
The Guardrail-to-Guardrail Markets
One of my morning meetings today was with a CFO, who is looking for his next gig. He has headed up finance for quite a few start-ups. He recounted one such company, in the 1998/1999 time frame. It went public. Revenue was $1 million. Its market cap was $2.2 billion. “Those were the days!” he
The ‘New Normal’ for Venture Capital (via @avc)
Like many VCs, I’ve long admired Fred Wilson and what he and his team at USV have built. I think his post today is very important, which is why I’d like to highlight it. Fred is writing about recently-announced data from the National Venture Capital Association and a comment from NVCA President Mark Heesen: The
My Bad Back and Social Media
I took a bad fall while skiing during the winter holidays. I should know better than to keep up with my speedy and nimble children, who ski so effortlessly and with insane speed. Days later, I’m in a lot of pain. My usual bad back pills aren’t helping at all, and I wake up often
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