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The Changing Venture Landscape

Both Sides of the Table

On the other hand, the biggest winners will turn out to be much larger than the prices people paid for them and this will happen faster than at any time in human history. We can’t wait for customers to use the product for 12–18 months and do customer interviews or look at purchase cohorts. That used to be called A-round investing.

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How Do I Feel About the Snap IPO Given I Didn’t Invest?

Both Sides of the Table

Benchmark deserves the biggest credit for writing a $12 million check at what then seemed a healthy price to get into Snapchat. Snapchat truly built an amazing product and an amazing community and anybody who knows me knows that I’m very active on it. I love this product & the community I’ve formed there.

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The Surest Sign You’re Winning is When Goliath Takes a Swing at You

Both Sides of the Table

Ring is now arguably the fastest growing consumer product in the country and is now in a staggering 1 million homes in America and growing at an unbelievable clip. And the giant gets disrupted precisely because its cost structure to serve its customers and its cash cow, high-priced offering makes it nearly impossible for it to try compete.

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Why Taking Some Risks in the Sales Process Can Improve Results

Both Sides of the Table

In this post I advocate taking a harder stand on where your product or solution differentiates in the market – even if it means you lose some deals as a result. You might look at higher quality / higher price solutions like BMW or Mercedes or you try to see if you can find a bargain with the similar features like a Kia.

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