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The Changing Venture Landscape

Both Sides of the Table

I’m over-paying for every check I write into the VC ecosystem and valuations are being pushed up to absurd levels and many of these valuations and companies won’t hold in the long term. If you’re going to play in the big leagues you need to be writing checks from a $700 million?—?$1 Are we in a bubble?” By definition?—?I’m of the fund.

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7 Plan Elements That Separate Businesses From Hobbies

Startup Professionals Musings

Opportunity segmentation and competitive environment. List key competitors and alternatives, highlighting your sustainable competitive advantages, such as patents and trademarks. Current and past titles don’t convey this information. No mention usually means no plan and not competitive.

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What Entrepreneurs Should do about Price Fixing

Both Sides of the Table

They might not actively “collude&# and say “let’s collectively keep the price down&# but in the resulting discussion pricing information will flow – whether intentional or not. To be crystal clear – I think AngelList is awesome and I have NEVER heard Nivi or Naval ever reveal or discuss pricing information.

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Is @AngelList Syndicates Really Such a Big Deal?

Both Sides of the Table

If you know, VCs end up writing sizable checks into their own funds, which is important in better aligning interests. Therefore of course they need to be more selection when writing checks and can’t spread their bets across 75 deals. million round I might write $1.8 – 2.2 This is the same way VC firms, by the way.

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This Week in VC with Mo Koyfman of Spark Capital

Both Sides of the Table

This was a really fun episode for me because Mo is informed and knowledgeable on so many topics and being a Boston / NYC VC it gave us so much to talk about relative to just covering California VCs. We both felt that the critical reasoning skills and writing skills were critical to our career development.

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Startup Due Diligence Is Not a Mysterious Black Art

Startup Professionals Musings

After you have successfully attracted angels or venture capital with your business case, your million dollar product idea, and you have a signed term sheet, there is still one more hurdle to overcome before investors write the check. Sustainable competitive advantage. This is the dreaded “due diligence” process.

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8 Tips To Get the Most Out of Your Investors and Board

Both Sides of the Table

If you have investors or board members that have wide relationships you can get significantly more value out of them by keeping them informed. So naturally we’re pushing for him to drop critical information when their paths cross organically. He is very pleasant when he calls and writes. More information comes out.

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