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This Week in VC with Rick Smith of Crosscut Ventures

Both Sides of the Table

We started this week’s show with a Q&A session where I answered viewer questions about fund raising and the VC industry. If you enjoy this blog I think you’ll enjoy watching the first 14 minutes of this video (just click on the image of me below). What advice do you have for people who want to get into venture capital?

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Celgene-Seeded PharmAkea Sells Last Fibrotic Drug Candidate to Galecto

Xconomy

When a group of scientists from Amira Pharmaceuticals wanted to start a new biotech after the company’s 2011 acquisition by Bristol-Myers Squibb , Celgene provided seed funding.

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Venture capitalists ‘like and subscribe’ to influencers

TechCrunch LA

First it was street-style photography, then came the launch of her popular fashion blog WeWoreWhat. Bain Capital Ventures' Jamison Hill. The startup has already secured a seed investment from Maveron and CRV, TechCrunch has learned, and will receive another $150,000 in exchange for 7% equity upon entering YC next year.

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My Chat with Dan Primack of PEHub

Both Sides of the Table

In the VC & Private Equity world there’s a small number, too, with one of the most respected being PEHub. But this gets all the space on prominent blogs because it’s what bloggers like to cover.&# It’s self selecting. This could happen if every VC fund continues to launch a seed fund.

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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

I was reading Danielle Morrill’s blog post today on whether one’s “ Startup Burn Rate is Normal. There are many times when being overly capitalized before you’re ready is a negative. Plus, most early-stage M&A fails so this isn’t likely a good use of capital for a young company). Profitability.

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Some Career Advice for Aspiring Tech CEOs

Both Sides of the Table

I wrote this conundrum and the need to take charge of how the market define your skills in my much-read blog post on “ personal branding.” You will learn about running board meetings, setting up the ultimate financial plan, leading a team from the top, dealing with the press, raising capital, etc. He still has the dream.

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Illumina Accelerator Sees ‘Huge Impact in Genomics’ in New Startups

Xconomy

The program, modeled on tech-oriented accelerators such as Y Combinator, provides genomics-focused startups with capital, lab space at Illumina Accelerator’s offices. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

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