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What Does the Post Crash VC Market Look Like?

Both Sides of the Table

million, our Seed Funds mostly between $200–300 million and have delivered median ownerships of ~20% from the first check we write into a startup. In 2009 we could take a long time to review a deal. In 2009 we could take a long time to review a deal. By 2021 we had to write a $3.5m discipline & focus.

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Praying to the God of Valuation

Both Sides of the Table

In those years I learned to properly build product, price products, sell products and serve customers. Starting in 2009 I began writing checks consistently, year-in and year-out. During this era, from 2009–2015, most founders I knew were in it for building great & sustainable companies.

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Document Your MVP for a Developer

SoCal CTO

You likely are writing your first one of these. This should be an iterative process with advisors and customers providing feedback on the product. Customer Development Notes I'm assuming founders are having customer development conversations. Don't stress over format. Don't stress if you are doing it right.

Develop 354
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Here Are the Details About Upfront Ventures’ Newest EIR – @Chamillionaire

Both Sides of the Table

This was 2009 and his understanding of audience engagement was far beyond anything I was hearing from most people at that time. And after one meeting they started asking for his advice about marketing, customer engagement, product design, monetization – whatever. I reached out after the event to learn more.

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Why I Invested in Gogii (textPlus) – My First Ever Later Stage Deal

Both Sides of the Table

This is a post I’ve been dying to write for 18 months. OK, that sounds like an interesting business, but nothing to write a freakin’ blog post about? You fish where your customers are. Gogii came in my office in 2009 with three of the most talented founders I had seen. I knew this from day one.

Gogii 310
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The Harder I Work, The Luckier I Get

Both Sides of the Table

And even the best teams combined to create big innovations sometimes don’t time markets well, are surprised by unexpected technology breakthroughs by competitors or just don’t find the magic the leads to mass customer adoption. I started by writing 3-4 times / week. Less than 100 people read that original post 2 years ago.

Startup 391
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Why Most of Your Assumptions About Phone Calls are Wrong

Both Sides of the Table

In fact 61% of all mobile searches where a customer contacts a business it is via a phone call (source: Google). Only naive people believe that but for inexperienced entrepreneurs you can be fooled into the narrative by the press who sometimes write stories without the actual data. I don’t want to speak to customer service reps!!

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