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,
Category: Technology and VC
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
The new market for seed financings
I was on a panel this morning at the Cambridge Innovation Center (many thanks Ben Hron and Rick Lucash) with NEVCA’s C.A. Webb and NextView’s David Beisel. A lot of entrepreneurs had questions about the new JOBS Bill and the crowd-sourcing opportunities it may create for seed financings. The discussion made me realize again that the early-stage
An interesting weekend
One of our investors invited me to attend their annual retreat, which occurred this weekend. They asked me to speak about VC trends and investment themes. This investor has a very unique and special structure. Basically a number of very wealthy families came together and jointly hired an elite investment staff to invest their capital