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The Importance of Proprietary Deal Flow in Early-Stage VC

Both Sides of the Table

When I was new at Venture Capital I was trying to figure out the business. As a VC you want to feel like you have “proprietary sources” of deal flow. I tapped my friends at big tech companies (Salesforce, Google, Oracle). They do this because they have amazing skills at writing business plans.

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Why Early-Stage VCs Should Be Careful About Intros from Bankers

Both Sides of the Table

When I was new at Venture Capital I was trying to figure out the business. As a VC you want to feel like you have “proprietary sources” of deal flow. I tapped my friends at big tech companies (Salesforce, Google, Oracle). They are venture bankers not investment bankers. What stage? What price?

Startup 361
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People Management: Startup Teams Should Dip but not Skip

Both Sides of the Table

This applies to both founders and to VC’s that work with them. So I would go to lunch with our senior architect and ask 50 questions about the differences between Postgres , MySQL and Oracle databases. As a content management system we had lots of write activities and went with Postgres. A quick example.

Startup 308
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The Danger of Crocodile Sales

Both Sides of the Table

You should be actively listening the whole time (actively listening as in listening, writing important things down and asking relevant questions as they talk about their problems). Pitching a VC – As I said in a previous post – the best VC meetings are discussions and not sales pitches.

Sales 314
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What Makes a Great Independent Board Member?

Both Sides of the Table

This is important because when you have too many VCs on a board you only bring one kind of thinking to the board. Independents are critical to avoiding “VC group think.” They also get huge value from somebody who has run a large business and dealt with scaling challenges more than any VC on the board ever has.

Startup 187
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Interview with Mark Suster, GRP Partners

socalTECH

What's your thoughts on the local venture market? We have a regional focus here, and the market is underserved in venture capital, yet it's the second largest metropolis and DMA in the country. We'll even write a half a million check. We'd like to be one of the most prominent investors in Southern California.

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A Few Key People Really Can Make a Huge Difference

Both Sides of the Table

I need to take some VC meetings. But it did take Brad as a public spokesman, consummate networker and successful VC to help create legitimacy to let David’s ideas flourish. When you think about the success that is Silicon Valley, the unfair advantage is not just the huge amounts of available venture capital.