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Social Networking (the Shorter Version) Past, Present, Future

Both Sides of the Table

This blog post originally appeared in serialized form here on TechCrunch. If you came here via a direct link you might want to check out the more detailed full version on my blog, which is here. Social Networks: Past, Present & Future. The Past (1985-2002). But the masses didn’t want to blog.

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What Does the Post Crash VC Market Look Like?

Both Sides of the Table

Even then private market investors can paper over valuation changes by investing at the same price but with more structure so it’s hard to understand the “headline valuation.” When you look at how much median valuations were driven up in the past 5 years alone it’s bananas. But rest assured valuations get reset. And reset they must.

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Retro: My Favorite Blog Post on Raising VC

Both Sides of the Table

On December 2nd, 2006 I wrote the blog post published later in this post when I was CEO of startup Koral about my experiences in pitching VCs. After my company was acquired by Salesforce.com I was asked to stop blogging and they took over my blog as an asset in the sale of the company. My blog was wiped out.

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500 Startups moves to rolling admissions instead of cohorts

TechCrunch LA

“It will be making investment decisions year round instead of twice a year. Blumenthal explained the switch in a blog post. So, after shepherding 26 batches of thousands of founders over the past 10 years, 500 is shaking things up. You can expect to see our new model in action in the near future.

Startup 177
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How Do I Feel About the Snap IPO Given I Didn’t Invest?

Both Sides of the Table

Every tech or major news journal in the country is preparing to write their Snap, Inc (creators of Snapchat, Spectacles, etc) stories and many of them seem to want a “How does it feel to have missed this investment story.” But local VCs don’t deserve to get beat up for not investing. Mostly kidding. Very, very few pan out.

Snapchat 214
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Take this test to predict your success:

Berkonomics

The best way to protect against failure is to attract a team with members who have experienced success and failure and can recognize the ways to manage toward success and avoid the pitfalls previously experienced from past failures. Note: All images created for this blog by Dave using AI prompts with Microsoft Designer (DALL-E).

Patents 156
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HBCUvc founder Hadiyah Mujhid on one way investors can advance racial equity

TechCrunch LA

In response to VCs’ sudden rush to invest in more Black founders , Black venture capitalists and entrepreneurs have penned a bunch of advice on the best way to tap into talent. The program is expanding to Chicago in 2021, the blog post notes. Read the whole HBCUvc blog post here. Among the strategies?

Equity 220