One of my favorite books is Stephen Ambrose’s Band of Brothers. He writes about a company of paratroopers during World War II, following them from D-Day to the end of the war. They land on Utah Beach in complete chaos, push through Europe, almost freeze that winter, help liberate Dachau, and take Hitler’s Eagle’s Nest
Impressed with Cloze
I’ve been playing with the beta product for Cloze, one of our new investments. I know I’m biased, but this really changes how I use email and manage my contacts. Very slick product. Wow. I”ve been interacting with it most of the morning. Founders Dan Foody and Alex Coté are onto something. Here’s the value
“You’re Crazy”
People used to think we were crazy. Not many do now. Let me explain. Recently, my partner Eric and I met up with one of our major investors, to update them on what we’re up to. This is is a very large institutional investor with a sophisticated view of the world. They told us they
Series on Trust: The VC and His Investors
I’ve been writing a blog series about trust. I started with a post on how VC is a “trust business” and I highlighted why trust between an entrepreneur and a VC is important (more here for a post on “When Entrepreneurs and VCs Break Up”). Last week, I wrote about why investors (called “LPs”) in VC
Series on Trust: The LP and the VC
This is the second post in a blog series on trust. Last week, I wrote that VC is a “trust business” and I highlighted why trust between an entrepreneur and a VC is important (called “When Entrepreneurs and VCs Break Up” and is here). This week, I’d like to write about trust between a VC firm
Series on Trust: When Entrepreneurs and VCs Break Up
We met with some of our large investors recently, and one of them mentioned: “VC is a trust business.” He was saying that he trusted us. I’ve been thinking a great deal about what he said. I think trust in venture capital is critical, and it is something that covers multiple dimensions. So, I’d like