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It had grown stratospherically from 2004-2007 to 100 million users, which actually was slightly smaller in December 2007 then MySpace was. 18 months ago 25% of all pitches to me were ideas for how to build products around Twitter’s API. StockTwits) where you really want to know more about the person giving you advice.
And then from 2004 to 2014, she was at Google and managed lots of different things, including the self-driving cars project, global sales and operations, and the business teams for checkout in Google Apps. My advice would be actually, start something and then keep drafting it. Tomasz Tunguz: Oh, interesting. Mine, I edit constantly.
This is part of my ongoing series “ Start Up Advice &# but I’d really like to call this post, “VC Advice.&#. Ironically our business started to perform very will by 2004 but by then management had lost the dream of a huge upside. It’s that simple. But there’s no doubt we took the edge off.
In 2004 / 2005 I was starting to get intrigued with user-generated content. The value of Pitch Decks; Brad’s personal preferences on deal presentation; and Brad’s practice of accepting cold approaches via email. Are Pitch Decks becoming obsolete? But, in fact, I would rather have an executive summary than a pitch deck.
The corollary to this, of course, is having the intelligence to distinguish good advice from bad, and having the strength to push back if it’s inconsistent with the vision, conditions or values of the business. Age and experience have softened this view, and I now take advice from every possible quarter.
It’s been incredibly rewarding to be able to offer relevant advice or a connection at the right time and to see when a founder builds on that key turning point and it leads to success. No more founder pitch meetings. To think, I almost didn’t take that 2004 meeting because it was a NYC-based fund. No new investments.
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