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Playing the Long Game in Venture Capital

Both Sides of the Table

The culture is driven by the 20-something irreverent founder with huge technical chops who in a “David vs. Goliath” mythology take on the titans of industry and wins. But markets have changed and I think investors, founders and experienced executives who want to join later-stage startups can all benefit from playing the long game.

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Why the NYC startup scene needs Sean Parker

This is going to be BIG.

Parker made a huge dent in the web as co-founder of Napster, then built Plaxo up to 20 million users. He spotted Facebook in 2004 and Spotify in 2009. or would he have been convinced to take a financing round? Companies going for the long ball aren't discovered--they're juiced up to go for the homerun, with financing.

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This Week in VC – Scott Painter, CEO of Zag & TrueCar

Both Sides of the Table

He’s personally led more than 50 financing rounds. Scott’s first big foray into industry-changing companies came with CarsDirect, an IdeaLab company where he was the initial founder & CEO. Based in Palo Alto and founded in 2004 by PayPal alumni. Offers two products: Palantir Government and Palantir Finance.

VC 248
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Technology Trends: 10 Areas of Innovation to Watch for 2012

This is going to be BIG.

2004 gave us widespread blogging and Meetups, and 2008 showed how the web could be a community organizing and fundraising tool. Hopefully this becomes the year that most of the startup teams you see have not only a business person and a tech person, but also a designer--and you start to see people looking for "design co-founders".

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This Week in VC with @VCMike Hirshland of Polaris Ventures

Both Sides of the Table

This lasted from about 2001-2004. Finally, I do want to mention that Mike was the founder of DogPatch Labs , which has facilities in Cambridge, New York and San Francisco. Venture Financings we Discussed. Current round: $2mm Series B from Tomorrow Ventures (Eric Schmidt, CEO of Google) and Lars Hinrichs (Xing founder).

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The Myth of the Young Startup Founder

Ian Hathaway

In February 2004, Mark Zuckerberg famously launched Facebook from his Harvard dorm room at the age of 19. Economists Pierre Azoulay, Benjamin Jones, Daniel Kim, and Javier Miranda, analyzed administrative government data on the founders of all U.S. businesses that were started during a recent eight-year period (2007-2014).

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Be Careful not to be Penny Wise, Pound Foolish

Both Sides of the Table

Justyn Howard, founder of Sprout Social has a blog post that he’s written about his experiences of migrating from scrappy tools to more efficient ones (i.e. I learned everything I know about startups in these lean years: 2001-2004. Another area where founders sometimes spend too much time is accounting.

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