This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
It’s not hard to find people willing to write the narrative that “venture capital is not an asset class” or “venture capital has performed terribly.” I hope to publish that deck and a full write up in the next 10 days in partnership with Dan Primack at Fortune (if my write up doesn’t suck, I guess ;-)).
It’s building a product that is substantially differentiated, and, as Bill Gross, one of the most prolific tech entrepreneurs of our era says, “ It needs to be 10x better than the competition ” (because if you shoot for that then in competitive markets you might achieve 3x. Simply write a great book?
So I thought I’d write about out with what I would look for in a VC knowing what I know now and why. It’s insanely competitive to get into our industry so most have degrees from institutions like Stanford, Harvard, Wharton and University of Chicago (blatant plug ;-). VCs, how to select a VC, etc.) Most VCs are book smart.
I remember just a decade ago in 2003 when we all laughed at how dumb people in the 90′s were talking about the race to “capture as many eyeballs as possible” before your competition. ” Case in point: Facebook, Twitter, Tumblr, SnapChat. Should I write off my $2.5 I say ring the freaking cash register.
seed and they are writing $1.25m of it you can expect them to require a board seat) The competitive landscape (If you have several sources of capital you can likely politely decline the board request or can grant them a seat but ask for it to be “common appointed” and those revokable if you need in the future).
Right now, when people are communicating using Facebook, Snapchat, Twitter, and others, those businesses are principally using display advertising and sponsored listings to monetize those users. At the same time, there's not that intensity of competition for engineers as in Silicon Valley. We're taking a different approach.
I must admit I discuss this very frequently with portfolio companies but hadn’t thought to write about it. If you’re negotiating with Samsung you can imagine they have Apple on their minds and if you’re negotiating with Twitter you can imagine they have eyes on Facebook, Google and even Snapchat.
Valuing any company can be difficult because it requires a degree of forecasting future growth & competition and ultimately the profits of the organization. Brad was openly writing about this and it felt like he was giving the VC playbook away for free! When I started blogging it was because I was inspired by Brad Feld.
Turning the Urgency Addiction into a Competitive Asset. If you’re writing and looking up occasionally you’re assumed to taking notes. It’s honestly liberating to know that I CAN’T check my email, Twitter, Facebook, Snapchat, NYTimes, etc. These are known symptoms of people with ADD. Medication.
The VC market has right-sized (returned back to mid 90′s levels & less competition). But it still takes VC to scale a business (thus large capital into industry winners like Uber, Airbnb, SnapChat, etc). Just 3 years ago there was talk of institutional investors “not being able to write small enough checks.”
In more than a decade of writing about the Internet and tech-enabled businesses I’ve learned that mobs don’t do nuance well. This market structure in which the few, large players use their market position to eliminate competition is inevitable. Our social graphs are locked in Facebook, Twitter and Snapchat.
How I Shifted from Just Counting Calories to Supercharging My Fitness Workouts This is part of a weight loss and fitness improvement series that I’m writing to share how I went from 222 pounds and unable to bike more than 20 minutes on a Peloton to 153 pounds and running 8–12 miles / day in just 18 months. On May 31st the competition ended.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content