John Brennan yesterday wrote a comment to my post “How to Get a VC Job,” asking if I could shed more details on how a VC spends his time. So, I thought I’d write about the past 24 hours of my life. A fun part of VC is that every day is different. You might
Category: Technology and VC
How VC “optics” can drive behavior
I know this sounds strange, but investment firms can have an incentive not to support their companies in future rounds, particularly if there are deep-pocketed co-investors who can do so. It may be part of that firm’s strategy, but also, it can make for some great optics. For example, one of our companies raised a Series
What is “VC 2.0”?
Kirill Sofronov contacted me after reading my blog post on the recent Kauffman study of VC, in which I reference “VC 2.0.” He asked me to write more about what VC 2.0 is. I think that is a tall order. I will give it a shot, though, using two perspectives as a starting point. First,
Raising VC money: getting a strong start with your VC
This is the eighth and final post in a Friday series on “raising VC money.” I hope the series has been helpful to entrepreneurs. If you liked it, please consider Tweeting it or linking your blogs to it, so that other entrepreneurs can find out about it? Today, we’ll cover the topic “getting a strong
Insightful and brutally honest report on VC
The Kauffman Foundation just recently published a report on its venture capital investments. It’s pretty alarming. One of the items they write about is how large VC funds tend to be correlated with poor investment returns: Big VC funds fail to deliver big returns. We have no funds in our portfolio that raised more than $500
Raising VC money: how to negotiate the legal documents
This is the seventh post in a Friday series on “raising VC money.” I’ve really enjoyed writing these posts and to have an opportunity to interact with many folks. Thank you for the encouragement! Today, we’ll cover the topic “how to negotiate the legal documents.” So, you’ve successfully pitched the VC and his partners (more