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Praying to the God of Valuation

Both Sides of the Table

How might our next phase of the journey seem brighter, even with more uncertain days for startups and capital markets? And then in the late 90’s money crept in, swept in to town by public markets, instant wealth and an absurd sky-rocketing of valuations based on no reasonable metrics. What happened? People were building.

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Need investment capital?

Berkonomics

A personal story as an investor … [Email readers, continue here…] My very first investment as a professional angel was in a small startup where the entrepreneur’s vision fueled my imagination in the audio market niche where I had run a business in an earlier life.

Invest 296
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7 Tips To Raise Your Entrepreneur Instincts In School

Startup Professionals Musings

In my view, the most effective entrepreneurs are those with a background of an array of real-life experiences, both positive and negative, as well as good academic and coaching activities. Depth in a specific business area, such as marketing or accounting, is important in understanding the internal and external processes of a business.

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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%). I know I can’t be in every deal and I know that the easy part of being a VC is writing the first check in a deal. They worry too much about missing out on a deal. I don’t.

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Where is the best source of early stage investment?

Berkonomics

[Email readers, continue here…] My very first investment as a professional angel was in a small startup where the entrepreneur’s vision fueled my imagination in the audio market niche where I had run a business in an earlier life. As the company grew and became profitable, it became more visible to others in the market niche.

Invest 243
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5 Steps To Get You From Your First Idea To A Business

Startup Professionals Musings

His challenge is to focus on one market, with a specific design, cost, and price. Bill was initially the idea person and technologist, while Steve had the business and marketing experience from Proctor & Gamble to close the business equation. For example, I have a friend with a Ph.D. Yes, there are a lot of bridges to cross.

Ideas 126
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7 Ways College Degrees Can Expedite Startup Success

Startup Professionals Musings

In my view, the most effective entrepreneurs are those with a background of an array of real-life experiences, both positive and negative, as well as good academic and coaching activities. Depth in a specific business area, such as marketing or accounting, is important in understanding the internal and external processes of a business.

Startup 97