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
Category: Technology and VC
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
“Making Partner” at a VC Firm
I read recently about another venture capital investor switching firms. I don’t know the specifics behind that move. But, I do think more career moves like this will be commonplace. It’s a stark change from what VC used to be. When I joined the business in the late-1990s, VC firms promoted partners from within. In other
Key Trait of Founders: Loving Ambiguity
Zynga. Internet fortunes won and lost. IPOs. VCs. Victories and colossal failures. That was my morning meal. I caught up today over breakfast with Rich Levandov of Avalon Ventures (one of the Zynga investors). He and I have so many overlapping friends and contacts, and so, it was good to meet up finally with him. We
“How Much Money Should I Raise?” (and the Race between Fear and Greed)
An entrepreneur I know is thinking of leaving his current company to start a new one. He asked me how much money he should raise. I told him he should either raise a small amount of money or raise a very large one. A small round will be easier to raise, as you need only
When Web Tips to Mobile
It’s cool to see a Web site reach a tipping point. A few years ago, I stumbled upon MyFitnessPal.com. I try to track my calories and nutrition overall and I was looking for something to help me do that. The web site was “OK and not great”. I stopped using it after a few days.
