3 min read · 08 December 2011
Remembering that I’ll be dead soon is the most important tool I’ve ever encountered to help me make the big choices in life. Because almost everything – all external expectations, all pride, all fear of embarrassment or failure – these things just fall away in the face of death, leaving only what is truly important.- Steve Jobs Watching an entrepreneur fail is sad, but watching them fail from a lack of nerve is tragic.
5 min read · 02 December 2011
3 min read · 22 November 2011
2 min read · 10 November 2011
3 min read · 09 November 2011
2 min read · 08 November 2011
3 min read · 08 November 2011
3 min read · 04 November 2011
3 min read · 03 November 2011
“A man who carries a cat by the tail learns something he can learn in no other way.” -Mark Twain VCs who are serious about turning their firms into more than one-fund wonders may want to have their associates actually start and run a company for a year. Running a company is distinctly different from simply having operating experience – (working in bus dev, sales or marketing.) None of that can compare with being the CEO of a startup facing a rapidly diminishing bank account, your best engineer quitting, working until 10pm and rushing to the airport and catching a redeye for a “Hail Mary” close of a customer, with your board demanding you do it faster. Today, you can start a web/mobile/cloud startup for $500,000 and have money left over. Every potential early-stage VC should take a year and do it before he or she makes partner. Over time Venture firms realized that the partners in the firms need a variety of skills:
5 min read · 01 November 2011