4 min read · 29 April 2011
4 min read · 28 April 2011
3 min read · 25 April 2011
4 min read · 20 April 2011
2 min read · 14 April 2011
3 min read · 14 April 2011
Crisis management expert Howard Anderson has some advice for Mark Zuckerberg, who has been named in yet another lawsuit. “Right now, should practice benign neglect," says Anderson. " pay attention to his business, and not let get in the way” of his “fantastic” work as the head of Facebook. Anderson is referring to the suit filed by small businessman Paul Ceglia, whose claims of last year -- that a 2003 contract with Zuckerberg entitles him to at least half of Facebook -- resurfaced in an amended complaint filed on Monday.
2 min read · 13 April 2011
5 min read · 13 April 2011
Recruiter Jon Holman has seen a lot in his 30-year career, working with venture capital firms like Accel Partners and Sequoia Capital and their portfolio companies. In the ‘80s, when he placed the occasional GP, it was a matter of plucking someone from an investment bank or operating position. In the go-go ‘90s, the business of GP searches became brisker, though “you weren’t going to pry a GP from an existing fund; that just didn’t happen,” according to Holman. Then came the Great Implosion of 2000. A wave of VCs looking to jump ship because of internal dynamics or poor performance was eventually followed by those grown desperate to land something else before their funds dried up. Indeed, according to Holman’s estimates, roughly 100 VCs were “loose in the saddle” by 2007. By 2009, Holman was fielding calls around the clock, many from GPs who had either left their firms or would have to soon. The industry still isn’t done spitting out VCs, says Holman.
5 min read · 07 April 2011
3 min read · 07 April 2011