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Praying to the God of Valuation

Both Sides of the Table

I started my first company in 1999 and was admittedly swept up in all of this: Magazine covers, fancy conferences, artificial valuations and easy money. 2001–2007: THE BUILDING YEARS The dot com bubble had burst. Until we weren’t. Steve Jobs still walked from his house on Waverly to the Apple Store on University Ave.

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Do Less. More.

Both Sides of the Table

There are so many events to attend that one could become a full time conference attendee and you could easily feel like you’re missing out with each event that happens without you and of course there is Twitter and Instagram and Snapchat to remind you just how fun it was for everybody else. My general advice is to do less.

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Some Reflections on VC Investment Decisions

Both Sides of the Table

I started in 2007 with a thesis that my primary investment decision would be about the team (70%) and only afterward about the market opportunity (30%). And there’s conferences. Oh, the conferences. Angels have been prolific for years now and they, too, rely on downstream money to cover their bets. Web Summit.

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Interview with Alex Schneider, Ventura Ventures Technology Center

socalTECH

It costs anywhere from $200 to $300 a month per workstation, which is full service gross, Internet, and shared equipment and conference rooms. In 2007, we started to put some policy attached to the money, and created a jobs investment fund. What led the City of Ventura to start an incubator? The purpose was to deliver high value jobs.

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As Populist as it May Feel, 98% of VCs Aren’t Dumb

Both Sides of the Table

And hard for me to imagine the Fred Wilson and Albert Wenger weren’t instrumental mentors to David. The best VCs I know take 11pm conference calls. But I became a VC in 2007 and wrote my first check in 2009 – 4.5 Nothing was more heart warming than the photo of David Karp hugging Bijan Sabet after the sale to Yahoo!

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Los Angeles Startup Weekend August 2011 | The Complete Breakdown

Tech Zulu Event

We also had awesome group of mentors that included: David Waxman (Co-founder of PeoplePC, Spot Runner and Firefly Network), Paige Craig (CEO of BetterWorks ), Josh MacAdam (Co-founder/CTO at Ming.ly I’d personally heard of Startup Weekend back when it got started in 2007 out in Boulder but only attended my first Startup Weekend in late 2009.

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Guide to the LA Startup Community

SoCal Delicious

It’s been my experience that the more focused and intimate events far ‘out-perform’ (however you’d like to characterize it) the mega-conferences. Mark Suster – GRP Partners Mark joined GRP Partners in 2007 after having worked with GRP for nearly 8 years as a two-time entrepreneur.

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