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Why Entrepreneurs Hate (Most) MBAs

InfoChachkie

Tech entrepreneurs' consternation with MBAs does not rise to the level of loathing. Rather, entrepreneurs' frustrations are often due to an incongruence between an MBA's expectations versus the value they can deliver to a startup. As I stated in my Quora answer, "hate" is the wrong word.

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How Online Video Companies Can Increase Margin and Build Better Businesses

Both Sides of the Table

The main thrust of the post is that with YouTube taking a 45% of revenue and talent taking 70% of the remaining revenue, YouTube Networks didn’t have sustainable businesses unless they invested heavily in technology as a tool to increase margin and provide defensibility. That is the definition of Disruptive Technology.

Company 339
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VC Confessions: We Passed On Twilio’s Seed Round

InfoChachkie

In the startup world, the former happens when a VC makes a bad investment, and the latter occurs when they miss a great opportunity. In contrast, low-volume, high-conviction investors like Rincon only invests in a handful new companies each year, making it much more costly (in dollars and effort expended) to invest in a loser.

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Congrats To The Spotlight: LA Tech Summer Presenting Companies at CalTech

Tech Zulu Event

For those who still might be wondering what Spotlight: LA Tech is all about, It’s a screening room for new technology homegrown in our region. It’s a gathering of friends and tech enthusiasts of all stripes. This Spotlight takes place Thursday, July 14, at The California Institute of Technology (CalTech). RSVP: AGENDA.

CalTech 100
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GRP Excited to add Sam Rosen to Its Ranks. How Did He Get the Role? Hustle. Here’s the Story.

Both Sides of the Table

It’s the first EIR that we’ve had in the years that I’ve been with the firm and I hope will be the start of our investment in this program. We’re excited to continue to grow our investment professional staff and will continue to do so over the course of 2013 & 2014 with our new fund. Sam had different plans.

Startup 372
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A Guide to Using Authority & Social Proof in Fund Raising

Both Sides of the Table

Rincon is part of the new breed of Seed Stage VCs and with the leadership of Jim Andelman has charted out the most authentic early-stage investment strategy in Southern California. John gave me the book after I spoke at his entrepreneurship class at UCSB. Before booking a hotel I always check out Trip Advisor and read reviews.

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What’s the Real Deal with AngelList?

Both Sides of the Table

Shervin Pishevar, another person who I respect wrote the following on Twitter, “ Saying you don’t like @AngelList is like saying you don’t like Email. Since I invest in lines, not dots , I worry about the rushed decision-making and over-hyping of deals. As Shervin said, it’s just email.