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Why AI Won't Be the Investment Opportunity Everyone Thinks It Is

This is going to be BIG.

The venture asset class seems to have already decided that AI is the next great investment opportunity, but I’m not so sure it’s going to disrupt business and create the across-the-board wealth that has been predicted. I got to see all of the top VCs pitching their funds. Technology has already made the world pretty efficient.

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Your board should protect you!

Berkonomics

All other board functions are secondary. Even venture capitalists who sit on boards where they have significant investments often forget this point. Actually, there are two legal duties of board members. Second is the duty of loyalty… …Loyalty to the corporate person, not to the shareholders who elected the board member.

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The Pros and Cons of Rando Rich People Investing in Your Startup

This is going to be BIG.

These are people that didn’t make their money through a tech startup or startup investing. Governance Moreso than a lot of actual VCs, a lot of high-net-worth folks tend to ask for board representation—even in the super early stages of a company where boards tend to be a little less formal. I’m not talking about active angels.

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Take only “smart money” investments

Berkonomics

Often, that money is worth more than the cash invested, because the investors who often become members of the board bring a wealth of experience, insight, relationships and deeper pockets to the table. The VCs subsequently invested $18 million, well beyond what angel investors usually can project from their own resources.

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Meme Investing

A VC: Musings of a VC in NYC

It may be silly and crazy, but it has also been a good investment for my friend and anyone who bought it in the early years. The combination of memes and investing is a powerful cocktail that I have been ignoring for a long time, probably incorrectly. It is easy to dismiss meme investing.

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Build a solid deck for your quarterly board meetings

TechCrunch

10 tips for running effective board meetings. A few weeks ago, I wrote a piece on TechCrunch about how to run a successful board meeting. Since then, I’ve been asked one question over and over: What does a good board update actually look like? People appreciate the opportunity to weigh in. More posts by this contributor.

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Need investment capital?

Berkonomics

Preparing for the game… If you have been following our recent insights, you’ll be up to speed knowing that professional investors negotiate tough terms, from provisions of control over asset acquisition, eventual sale of the company, future investments, forced co-sale when others attempt to sell their shares and more.

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