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The Changing Structure of the VC Industry

Both Sides of the Table

But it still takes VC to scale a business (thus large capital into industry winners like Uber, Airbnb, SnapChat, etc). But the biggest changes in our industry have been driven by technical changes themselves to which we are just observers and fortunate beneficiaries. From a technology perspective our journey is nowhere near over.

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The Snap IPO Happened. What Next LA?

Both Sides of the Table

He was running to be the 42nd mayor of Los Angeles and he outlined his vision to “open up the city government to technology and innovation” if he were elected. He wanted to bring the same level of technology focus and energy that Mayor Bloomberg had brought to New York City. Are you kidding me? And this is true.

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Porter: Mobile Chores | The Constant Hustle and LA Tech, Interview with CEO Matt Lucido

Tech Zulu Event

The nuts and bolts of our tech company is that CMS in the middle, the connection engine. When I went full-time, I did not have the full-time support on the tech side I wanted. So, I have no tech support right now. Which I have shown to do, but anybody who invests in tech, invests in team. It’s a huge challenge for me.

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How Boards Need to Evolve Over Time

Both Sides of the Table

And here’s an important point that I think modern entrepreneurs often forget: Investors are “co-owners” of your business. Reviewing financial & operational performance. There are just as many bad entrepreneurs who do bad things. Offering a sparring-partner function on strategic decisions. Mentorship.

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Why Raising Too Much Money Can Harm Your Startup

Both Sides of the Table

I was reminded of this yesterday watching my friend Justin Kan on Snapchat with this 10-second reminder, “No matter how much you raise at your company you’ll end up spending it in 12–24 months” https://medium.com/media/8594cb16d022a083932b0f3d60b79ebd/href I would probably amend it to say 12–18 months.

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What Does it Mean to be American? Why Trump is Just a Blip on the Radar

Both Sides of the Table

My blog has always been a mixture of what was on my mind and a blend of venture, startup life, tech views and current society events that related to my interests: Venture, startup & tech. And when the tides turned towards more inclusiveness I cheered it on whether it was on this blog or through Twitter / Facebook / Snapchat.

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8 Key Ingredients to a Profitable Consulting Business

Startup Professionals Musings

Most of the guidance you see for entrepreneurs is aimed at those who are selling a product (Apple, Tesla, Xiaomi), or selling a service (Uber, Airbnb, Snapchat). The “product” value is difficult to quantify, the costs are nebulous, and entrepreneurs have to clone themselves to scale the business.