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How Boards Need to Evolve Over Time

Both Sides of the Table

With small amounts of money invested (sub $3 million) the risks are reasonably low for most VCs and the consequences of bad decisions or decisions a VC has limited say in is tolerable. And here’s an important point that I think modern entrepreneurs often forget: Investors are “co-owners” of your business. Mentorship.

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Confessions Of A VC: Crap – Why I Passed On Uber’s Seed Round

InfoChachkie

Too bad, as the initial funding round has increased over 4,000 times in value, making a $250,000 investment worth more than $1,100,000,000. However, passing on a killer investment is not the worst error an investor can make. However, passing on a killer investment is not the worst error an investor can make.

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George Powell – Doing Well By Having Fun

InfoChachkie

I am always on the lookout for inspiring entrepreneurs who have leveraged their passions into healthy livelihoods as they serve as instructive role models for my UC Santa Barbara entrepreneurial students. John Greathouse: You pulled out your old college skateboard in the early 1970’s when your son wanted one.

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VC Seed Funding is Dead, Long Live VC Seed Funding!

Both Sides of the Table

This posting was inspired by an email from Rajat Suri who wrote me an email in response to Chris Dixon’s blog post (link below) from August, which recently re-ran on Business Insider and has generated much Twitter chatter. I told entrepreneurs that it was a bit of a Faustian bargain. There are multiple firms that did this.

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Pour And Stir II – Managing Your Cost Per Customer

InfoChachkie

Some channels will be expensive but highly scalable, such as direct response radio, while others will be less expensive, but more difficult to scale, such as search and affiliates. In addition, you must consider your customers’ lifetime value by channel , as there can be a great deal of variance between various clusters of customers.

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Roping in the Legal Eagles

InfoChachkie

If you are charged for every nanosecond you spend with your lawyer, consider finding one who is willing to “invest” more aggressively in your success. If you are charged for every nanosecond you spend with your lawyer, consider finding one who is willing to “invest” more aggressively in your success.