Image via Wikipedia I read an interesting post from Mark Cuban today on the problems of startup success using a free model. Back in the 90's when I was cutting my teeth around web/tech, the mantra we heard from VC's was "get big fast", and "eyeballs are everything", and "don't worry about making money, we'll …
How are you going to make a profit in your startup? Read More »
Recently, I've discovered the blog of Robert Ochtel. He's an author and a serial entrepreneur with over 25 years experience. He's also raised over $50 million for his businesses, and started VentureBlue, a national Angel network. And, he's just up the road in Carlsbad, CA. Robert wrote a post explaining why entrepreneurs should be comforatble …
Seeking Venture Funding? Have a Clear Understanding of your Financials Read More »
Image via CrunchBase There's an interesting article and comment thread going on over at the New York Times on whether web entrepreneurs need VC's like they did ten years ago. I see both sides of the argument. It's true that costs to build have plummeted, and a couple guys can knock out an iPhone app …
Do Web Entrepreneurs Still Need Venture Capitalists? Read More »
Image via CrunchBase For all my fellow entrepreneurs: Here is a FREE term sheet generator for equity invesments. This tool will generate a venture financing term sheet based on your responses to an online questionnaire. Sponsored by Wilson Sonsini Goodrich & Rosati, one of the the premier legal advisor to technology and growth enterprises worldwide. …
Need a Venture Capital Term Sheet? Here’s a FREE One. Read More »
Here's a quick five minute interview with Bambi Francisco and Charlene Li on what to do when pitching a potential investor or member of the media. Always remember to focus on the following 3 steps: 1. What's the problem?2. How are you solving that problem in a differentiated way3. How are you going to make …
From Vator.TV – The Best Pitches Are Done in 7 Minutes Read More »
I do not know a single internet-based company that decided to use debt vs. equity as a main source of working capital. Perhaps it’s because most companies need a fair amount of capital, and there isn’t a proven business model yet. In this scenario, equity financing makes perfect sense. But what about internet companies with …
Venture Hacks has great commentary on Adam Smith’s letter to Y Combinator companies. Y Combinator is a mini-incubator that focuses on getting very early-stage companies access to seed money, technical and business advice, and other things that help raise the probability of getting to market. One particularly enlightening part of the post included the discussion …
Venture Hacks — Thoughts on Adam Smith’s Letter to Graduating Y Combinator Companies Read More »