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By definition, you read blogs. If you care about accessing customers, reaching an audience, communicating your vision, influencing people in your industry, marketing your services or just plain engaging in a dialog with others in your industry a blog is a great way to achieve this. People often ask me why I started blogging.
I'm often the last one to leave an event, held back by the most persistant of entrepreneurs trying to squeeze as much advice as they can out of me. Conferences, startup blogs, meetups--they're all filled with people telling you how to build your company. Often times, the advice is terrible or impractical. They don't stress test.
” Ezra was recently a Kauffman Fellow (meaning a tribe of aspiring VCs who get apprenticeship and have a cohort of classmates, many of whom will go on to be VCs), is a senior associate at a Chicago-based fund called Chicago Ventures and is an alum of my alma mater, University of Chicago, GSB. On blogging I blog because I love it.
Perhaps the biggest piece of new news is that after 17 years of operations we’ve changed our name from GRP Partners to Upfront Ventures. Well, the venture capital industry has changed a lot in the past 20 years … and we have too. Startup Advice' What’s up with that? Our portfolio companies value us as sparring partners.
Nearly four months ago we rebranded at Upfront Ventures. Be open & transparent (mimicking the greater social order changes that have come with blogs & social media). We felt nothing embodied these attributes more than the name Upfront Ventures. Hamet is a 3x entrepreneur and also former EIR with True Ventures.
Jersey Shore Ventures anyone?). I can't put up my track record on my blog, which I'd happily do--whether I have any exits (even though it is theoretically public what I've worked on and who might have sold to a company that rhymes with hype) and how the other companies are doing. tanning salon/seed fund combo. scratches bald head].
First off, the vast majority of venture dollars goes to white men. This blog post is not about debating if "enough" diverse founders get funding--whatever that might mean. Venture investing is hard. That is a fact. That does not mean, however, that anyone else outside that category is unable to raise.
We received so much positive feedback from our This Week in Venture Capital show walking through valuation calculations & term sheets that we decided to do a Q&A show this week to address topics that entrepreneurs want to learn about. In fact, far better if you haven’t raised venture capital. This is minutes 8-11.
People often ask me for advice on fundraising, generating deal flow, hiring, increasing visibility , triathlons, babies, etc.--a As the person giving the advice, doing a half-assed job of getting someone all the information they need is pretty unsatisfying—so that becomes a barrier to wanting to do it at all.
Many entrepreneurs are reliant on outside funding, whether angel investors, venture capitalists or strategic investors , to keep the venture going. Here is advice I collected for dealing with the stress of running a startup: 1. It’s important to enlist the ideas of others that are invested in your venture.
If you enjoy this blog I think you’ll enjoy watching the first 14 minutes of this video (just click on the image of me below). I give a sneak peek at a blog post I’m writing on the topic next week. What advice do you have for people who want to get into venture capital? Don’t. Beyond The Rack.
In venture capital, you say "no" a lot. Unfortunately, there's a lot of the "velvet rope" mentality going on in venture. I'm concerned that some of the newer folks in venture capital haven't been kicked in the stomach enough. People thought I was crazier for having the chat widget on my blog. It is your default response.
Greycroft is Alan’s venture capital firm that recently raised its second fund ($130 million) with offices in both New York and LA. I’m going to save that for a future blog post. I’ve been to similar events with First Round Capital and True Ventures. We learned this weekend that it was named after his East Hampton home.
Six months ago Upfront Ventures announced its first Partner hire since 2007 – Greg Bettinelli. More importantly, he has just announced his first investment – he led a $7 million investment in Deliv – please read about it on Greg’s spiffy new blog. Startup Advice' I wrote about him here.
The frantic pace of technology cycles, the amount of tech news, the blogs, the conferences, the demo days, the announcements, the fundings, the IPOs. It got me thinking about the advice that I often give to new VCs. Somehow the world seems to be spinning faster these days than just a few years ago. It’s exhausting. And so forth.
By spending more time educating your board on your business you get more valuable advice from them. Quiet-as-a-mouse Roger Ehrenberg of IA Ventures. True-to-his-heritage Rory O’Driscoll from Scale Ventures. So what are Rob’s secret hacks that he didn’t spill in his blog post? . Startup Advice'
I was reading Chris Dixon’s blog tonight. I came across this blog post about getting a computer science degree as the best degree for getting into venture capital or working at a VC-backed start up. My advice to people thinking about getting an MBA is to think about the five C’s. THE FIVE C’S.
Back in 1999 when I first raised venture capital I had zero knowledge of what a fair term sheet looked like or how to value my company. I told them that True Ventures had stuck to their brand name and submitted a totally clean term sheet. Tags: Startup Advice This Week in Venture Capital. No gotchas. No hidden terms.
To understand this in great detail see this very important blog post by Henry Blodget on the unemployment rate in the US and its impact on the recovery. So if I am unnecessarily concerned in this blog post (great!) My advice : if you’re raising a $750,000 round and you have demand for $1.2 million – take it.
A few years back I helped start Screendoor , a fund that backs new venture firms by hopefully being one of their earliest and largest supporters. Most strategies are some combination of innovation and best practices along the classic five steps of venture investing: See, Pick, Win, Service, Exit. and related, of increasing importance.
That prompted Fred Wilson’s blog post appealing to the industry to make these simplified term sheets standard. Last to weigh in was Brad Feld whose blog post argues that the only 2 terms that should be negotiated are amount raised & valuation. 2006 was the last time I went out to raise venture capital.
In his blog he says, “I responded that I thought it was stupid. Think about venture capital. But if you were going to start a venture capital fund today, you’d want to stand out. IA Ventures – Roger Ehrenberg was doing angel investing before he became a VC. My views are pretty well known.
Read his earlier posts on what EO members wish non-entrepreneurs knew about entrepreneurs, how EO members define success , the impact of core values , lessons learned from their best and worst partnerships and the best advice they’ve ever received. I can only assume that the Headmaster understood my intent behind this venture.
We summarize these pearls of wisdom in our new book, Smart Startups: What Every Entrepreneur Needs to Know — Advice from 18 Harvard Business School Founders. The book is full of insights and advice for every stage of your entrepreneurial journey. and more articles from the EO blog.
He was interested in venture capital and was a year away from graduation. I realized that a position at Union Square Ventures was going to be open in a year and that he had a terrific chance of getting it. Just start looking for blog posts on "10 SEO tips for startups" or "How to write a marketing survey".
Frankly, I think venture capital is that way, too. How does the world in Los Angeles intersect differently with venture capital? The number of times I’ve had people come to me and say they want to blog more. And I don’t want to be complacent. How does this changing world affect me? How can I raise the bar?
I recently read a book I’d highly recommend to every reader of this blog called “ Yes, 50 Scientifically Proven Ways to be Persuasive &# by Robert B. Tags: Raising Venture Capital Startup Advice. Cialdini who is also author of a very well received book called “ Influence &# (which I plan to read).
In particular I tried to do most of the “entrepreneur advice on VC” up front so that if you don’t want to watch our views on the deals you don’t have to. Recently raised $7 million from Atlas Ventures out of Boston. Current round: $8.1mm in Series C by S3 Ventures (lead), Adams Capital Mgmt, Triangle Peak Partners. LibreDigital.
Next Wednesday we’ll have Dana Settle of Greycroft Partners, a New York / LA early-stage venture capital fund. I first discovered it from Dharmesh Shah’s blog OnStartups. We’re staring to get the hang of how to divide the show up into talking about deals but also talking about issues for entrepreneurs during funding.
Changes in the Software World & in Venture Capital. I’ve blogged about this before and provide a lot more details in these posts: 1. million in 46 companies and we have helped those companies raise an additional $215 million from venture capital funds and individual investors. Venture Capital.
His blog is even called SaaStr (a bit too close to Suster if you ask me ;-)). True Ventures with hardware startups. Startup Advice' If I were an entrepreneur in that space I think I would seek them out as a starting point because their interest seems authentic. The Lehrers for content and commerce.
Contrary to popular opinion I actually believe crowd-funding is best used after seed capital or venture capital. Put it this way – Upfront Ventures spend on PR per year = $0. And you need somebody who is committed to keeping up your presence in blogs, social media and other online forums. I do it myself.
On my blog I’ve been hesitant to take the topic head on. But last week I noticed a blog post by a woman, Tara Tiger Brown, that asked the question, “ Why Aren’t More Women Commenting on VC Blog Posts? In it she observes that only 3% of the comments on this blog are from women.
Weren’t entrepreneurs tired of the golden handcuffs of venture capitalists and bankers? To fellow entrepreneurs at any stage of their journey, my advice is clear: If you are committed to bootstrapping your business, be prepared for the long haul. and more articles from the EO blog.
She hasn’t raised any venture capital. So Tracy began keeping a blog about … (what else?) She became an authority on the topic and her blog helped her to both elevate her status in her industry as well as to bring great link juice to her website and improve her SEO. She did her first tech startup after the age of 30.
Sometime around 2003/04 my technology team turned me on to “Spolsky on Software&# a periodic newsletter served up blog style from Joel Spolsky of FogCreek Software, a maker of bug-tracking software. Blogs weren’t popularized yet so it was an oddity for me to read the founder of a software company spewing out advice.
Last week I went to a Girls in Tech talk about women entrepreneurs and venture capital. Men, on the other hand, can meet another guy just a couple of times and have no problem reaching out to each other for advice, a favor, or to pitch them on a deal. Tags: First Round Capital Venture Capital & Technology nextNY.
This is part of my ongoing series on Startup Advice. If you’ve read my blog for a while you’ll know that I’m a fan of starting businesses in a non-traditional way. Tags: Entrepreneur Advice Startup Advice. I recommend that you start a company by yourself and own 100% of it. Take your inventory.
I often tell people that raising venture capital is more difficult than getting married. Not so in venture capital. So my first advice is not to rush in the fund raising process. Don’t take my advice, take Eric Clapton’s. In marriage if you’re unhappy you can at least get divorced (in most countries).
There’s too much PR and too many tech blogs and too many newsletters and aggregators and Twitter summarizers to even try to catch everything that’s going on and equally there’s so much noise that it becomes harder to be heard. My general advice is to do less. The best of the best in our industry are feeling it, too.
I was meeting with a first-time CEO of a very promising young startup recently and offering my advice on what his priorities should be. I gave him the same advice I give nearly all over-worked, control-freak, do-everything-yourself startup founders: “Your number one priority isn’t any of these things. Venture Capital.
And they will offer you some of the best business advice you will ever receive if you’re open to it. VENTURE CAPITAL. And finally that brings me to obvious topic of venture capital. When I wrote about Lines, Not Dots (probably my most often quote blog post) I made it clear that “lines” go both ways.
I had written a blog post on exactly this – how to not suck at group presentations – and what he said reminded me a lot of this post. Tags: Startup Advice This Week in Venture Capital. ’ If you’re a young & up and coming rapper and you don’t know what tunecore is – you should know it.
When I was new at Venture Capital I was trying to figure out the business. I eventually stumbled on to the best source of high-quality deal flow imaginable – blogging. They are venture bankers not investment bankers. Advice to VCs Startup Advice' What kind of deals should I be doing? What stage? What price?
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