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73.6% of all Statistics are Made Up

Both Sides of the Table

Often when they do I throw out my favorite statistic: 73.6% of all statistics are made up. Here are some examples: - You ask a small sample set so that data isn’t statistically significant. This type of statistical error is known as “selective bias.&#. People throw them around at cocktail parties.

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What Did I Learn From the First VC Check I Ever Wrote?

Both Sides of the Table

I became a VC 12 years ago in 2007 when the pace of deals was much slower. As I was trying to figure out the role I wanted to play in the VC world I decided I wanted to focus on businesses that were building deeply technical products to solve problems for business users. Over the past 2.5

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Black Fellowship Students Headed From HBCUs to VC Boardrooms

Xconomy

In mid-October, eleven college students will be flying to California for an opportunity that would be the envy of any Ivy League MBA candidate—they’ll meet the venture capital firm partners who will personally mentor them throughout the school year. Read more » Reprints | Share: UNDERWRITERS AND PARTNERS.

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Three Factors Which Intoxicate Venture Capitalists - Why Your Startup Will (Probably) Not Raise Venture Capital Funding

InfoChachkie

Thanks Mr. Big Firm VC. Naval Ravikant describes how Silicon Valley’s dominance over the venture capital landscape will evolve over time in the previously mentioned interview. The Founders of such a startup would be well served to invest their time pursuing non-venture capital funding. Nine Positions I Do Not Need.

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6 Ways To Get Credible Data To Support A New Venture

Startup Professionals Musings

If ten percent of these numbers, multiplied by your average product price, will get you the revenue you need to scale your business, you will get the love you need from angel and venture capital investors. The wealth of data available online is already much larger than the entire Library of Congress, and much more current.

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The Great VC Ice Age is Thawing (for now) – Part 1 of 3

Both Sides of the Table

I would argue that the shut-down of September 2009 was equally severe yet there are signs that this “VC Ice Age” has begun to thaw. But any entrepreneurs raising capital should keep in mind that this opening of the markets could possibly be temporary. Why did the VC markets freeze so quickly? Short answer – yes.

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Are MBAs Necessary for Start-ups or VC?

Both Sides of the Table

I came across this blog post about getting a computer science degree as the best degree for getting into venture capital or working at a VC-backed start up. I just completed an exercise where I went out to hire a new associate for my VC firm, GRP Partners. I had to laugh a bit reading it. What you gain: 1.

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