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

Both Sides of the Table

It is also a result of pent-up demand. 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. See point 2 below. Consumer spending will decrease.

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Document Your MVP for a Developer

SoCal CTO

He is not a technical person, but is somewhat web savvy. I asked some of the same questions I ask in my Free Startup CTO Consulting Sessions and then I get to a very common conversation: Me : Do you have specs? Conversations with a technical advisors or possible developers should be iterative. Go find a new technical resource.

Develop 354
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The Importance of Proprietary Deal Flow in Early-Stage VC

Both Sides of the Table

What price? I’m not saying that lawyers were my screening process – simply that they knew about deals early on and they had voted with their time and pocketbooks so I knew I had a degree of filtering. I tapped my friends at big tech companies (Salesforce, Google, Oracle). [no, start-ups are overvalued.

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

Both Sides of the Table

What price? I’m not saying that lawyers were my screening process – simply that they knew about deals early on and they had voted with their time and pocketbooks so I knew I had a degree of filtering. I tapped my friends at big tech companies (Salesforce, Google, Oracle). start-ups are overvalued.

Startup 361
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Why Entrepreneurs Hate (Most) MBAs

InfoChachkie

Tech entrepreneurs' consternation with MBAs does not rise to the level of loathing. Rather, entrepreneurs' frustrations are often due to an incongruence between an MBA's expectations versus the value they can deliver to a startup. Startups Need Execution, Not Administration.

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Please Help Me Congratulate Jordan Hudson as @UpfrontVC’s Newest Investment Principal

Both Sides of the Table

Deal screening. Industry reviews. Associates often shadow partners at board meetings so that they can help follow up with the company on important initiatives between board meetings. So the “VC associate” is largely a launching pad job for exceedingly bright and hard-working young tech professionals.

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Bio Roundup: Cancer Wishes and Shopping Lists, Allergan Pricing & More

Xconomy

As part of the Obama administration’s “cancer moonshot” program, a panel of scientists this week presented a set of broad, ambitious recommendations to speed up the pace of cancer research, treatment, and prevention. For more on that and the rest of the week’s news, fire up the roundup rockets.

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