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

InfoChachkie

Two hundred and fifty thousand would have netted my firm more than one billion dollars. It is far more detrimental to one’s returns to make investments in companies which fail to return capital. It is far more detrimental to one’s returns to make investments in companies which fail to return capital. If so, not a great fit.

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Roping in the Legal Eagles

InfoChachkie

Such attorneys can also add tremendous value in your negotiations with Big Dumb Companies (BDCs), as they can ensure that you focus on the deal points that are of most significance to a small entity. He or she must be willing to fight for your company and go toe-to-toe with your investors.

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Are You an Entrepreneur?

InfoChachkie

“You are forty, out of a job, a newlywed, your wife is expecting a baby, you don’t own your own home, you have no specialized qualifications, the only company you ever launched went bankrupt and you have just been sentenced to one year in jail.”. Source: Harold Evans, They Made America. The answer is at the end of this entry.