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Confessions Of A VC: Crap – Why I Passed On Uber’s Seed Round

InfoChachkie

I then passed on Uber’s A Round as well, which I thought was valued too high, in light of the company’s progress. Too bad, as the initial funding round has increased over 4,000 times in value, making a $250,000 investment worth more than $1,100,000,000. one of my old <company name redacted> colleagues is the ceo.

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How Boards Need to Evolve Over Time

Both Sides of the Table

When you first start your company and raise initial venture capital your board probably consists of 1-3 founders and 1-2 VCs. Most experienced VCs won’t push you to give up founder control at this stage of the business nor should they. In the Early Days. Reviewing financial & operational performance.

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This Philanthropist Is Winning Skirmishes With Poverty By Tapping Into An Inner City’s Entrepreneurial Spirit

InfoChachkie

ABC has even created an incubator-style program in which startup non-profits compete for $100,000 in seed funding. Our fantastically inefficient Federal Government could learn a great deal from the folks at ABC. We have a rigorous screening process, and we only fund the very best programs that are able to quantify their impact.

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VC Seed Funding is Dead, Long Live VC Seed Funding!

Both Sides of the Table

This is part of my ongoing series about Raising Venture Capital. This posting was inspired by an email from Rajat Suri who wrote me an email in response to Chris Dixon’s blog post (link below) from August, which recently re-ran on Business Insider and has generated much Twitter chatter. What gives?