Remove 2010 Remove networking Remove pitching
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2010 VC Funding Outlook for Startups – Prepare for Winter (Part 3/3)

Both Sides of the Table

.&# This is a direct result of innovation around the iPhone / mobile computing, Facebook / Social Networks and Twitter (as distinct from Social Networks). Tags: Pitching VCs Start-up Advice VC Industry startup technology vc venture capital. It is also a result of pent-up demand.

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What the Past Can Tell Us About the Future of Social Networking

Both Sides of the Table

I recently spoke at Caltech at the Caltech / MIT Enterprise Forum on “the future of social networking,&# the 30-minute video is here and the PowerPoint presentation is here on DocStoc ). What are the big trends that will drive the next phase of social networks? And so it goes with social networking. The Past (1985-2002).

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How early should you connect to a VC? Here's some data.

This is going to be BIG.

If all my deals came as intros from trusted connections that I know for years versus at founder pitch events that''s interesting data. If you meet someone at a pitch event, they''ve already got a company and they''re looking to close as quickly as possible. In fact, that''s what I tend to do--at least, what I say that I do.

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You Need to Win the Battle for Share of Mind

Both Sides of the Table

They got us to fill out the details of where we worked in the past and the network effect compels us to keep it updated. So resume + directionally-correct social graph = goldmine for recruiting, networking and marketing. It doesn’t strike me as a “social network&# in the way we’ve come to define them.

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The Bad Advice Diverse Founders are Given Around Fundraising

This is going to be BIG.

I can't think of a single time when a white man came to pitch me and I told him his fundraising plans weren't aggressive enough. Yet, for some reason, the goals for her pitch were incremental--despite being in an extremely hot space. When Chantel asked investors for $3mm for her seed round back in 2010, people stood up and took notice.

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Open Angel Forum and The Amazing Disappearing Funding Gap in New York City

This is going to be BIG.

First Growth Venture Network formed to mentor high potential seed and early stage companies. NYC Seed announces a summer incubator for 2010 that includes 20k investments. Well, remember the dust up a while back with the backlash against “pay to play” pitch events where startups had to pay to meet angels? Here’s how it works.

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Does the Size of a VC Fund Matter?

Both Sides of the Table

Unfortunately over the period of 2000-2010 the VC industry hasn’t performed well and therefore the number of funds going forward is likely to reduce greatly. – That’s a tough question that as of 2010 is a hard to know for certain. A lot will depend on how exits go in 2010/2011.

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