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2010 VC Funding Outlook for Startups – Prepare for Winter (Part 3/3)

Both Sides of the Table

Consumer spending is 70% of the economy and will continue to be stretched – We can look all we want at tech innovation, VC funding cycles and hot M&A deals, but ultimately growth and therefore investment must be underpinned by revenue. So we loaded up on flat screen TVs, multiple generations of iPods and trips to Hawaii.

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Embrace Losing – It Will Make You Stronger

Both Sides of the Table

Last year I lost a deal in a company that I wanted to invest in and that I thought I should have won. I’m not looking to invest there – I’m looking to understand the trends, the people, the innovation, the regions and how China can become an integral part of any of my portfolio companies as they scale.

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Embrace Losing – It Will Make You Stronger

Both Sides of the Table

Last year I lost a deal in a company that I wanted to invest in and that I thought I should have won. I’m not looking to invest there – I’m looking to understand the trends, the people, the innovation, the regions and how China can become an integral part of any of my portfolio companies as they scale.

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Digital Health Becoming a Reality

Both Sides of the Table

My favorite new software tool is DailyBurn. Problem is – Weight Watchers software TOTALLY SUCKS. And the starting price for WW is $18 / month … DailyBurn is free. Then I found out that Dave McClure had already invested along with many others in a Silicon Valley seed round even though the company is in Alabama.

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Embrace Losing

Both Sides of the Table

Two weeks after winning the deal and well into implementation planning we released a new version of our software. How could a company like ours be so callous as not to support their software (even one more than 4 years out of date)? They hired a consultant to help them with the review. we would support 6.0 which was in beta).

Startup 151
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Frank Addantes FounderBlog: Setting up Shop - Picking an Office Space

Frank Addante

► August (1) Invest in Transparency & Active Communication ► July (1) The Fear of Success ► May (2) Optimized for Speed = 30% Waste Happy 1st Birthday Rubicon Project! StrongMail Systems (Digital Messsaging Infrastructure Software) Status: VC-backed (Sequoia Capital, Globespan and Evercore) Lesson: Trust your gut.

Startup 40