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

InfoChachkie

As discussed in Why I Passed On Twilio , VC's love to talk about their successes, but seldom publicly acknowledge their mistakes. It is far more detrimental to one’s returns to make investments in companies which fail to return capital. Thus, while it is painful for a great investment to pass you by, the pain is wistful, not acute.

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How Boards Need to Evolve Over Time

Both Sides of the Table

When you first start your company and raise initial venture capital your board probably consists of 1-3 founders and 1-2 VCs. Most experienced VCs won’t push you to give up founder control at this stage of the business nor should they. In the Early Days. Offering a sparring-partner function on strategic decisions.

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This Philanthropist Is Winning Skirmishes With Poverty By Tapping Into An Inner City’s Entrepreneurial Spirit

InfoChachkie

Our fantastically inefficient Federal Government could learn a great deal from the folks at ABC. In many ways, you act as a venture capital firm, with returns measured in impact, rather than profits. Yes, our approach is similar to what you’d see from a venture capital firm. ABC''s Founder And CEO Speaks Out.

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

Both Sides of the Table

This is part of my ongoing series about Raising Venture Capital. 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 was an early cynic. What gives?