My recent post gave rise to a host of questions around the issue of recycling. What does it mean? How do you do it? And what are the implications for venture investors?…recycling is a complicated issue that warrants a more thorough discussion. Source: Recycling: The challenge and the opportunity for a Seed stage VC – Roger Ehrenberg,… Read More»
Venture Capital Wisdom, Know-how and Perspective
Wisdom What investors have learned
Know-how What do investors do
Perspective How do investors see the world
Playing together as a team is the path to the best results. CEOs who don’t realize this will often get fired or just fail. Source: Zach Shulman, Team, Team, Team Do you remember Rory Sparrow? What about Corey Williams? Unless you’re a really serious Chicago Bulls fan (as you should be), you probably don’t remember these guys.… Read More»
COO is a made-up job. What I mean is, there is no organizational “need” for a COO. Source: Jason Lemkin, What’s the difference between Owner, CEO, and COO? I’ve interacted with countless management teams over the years. One of the more interesting things to watch is the dynamic between people with titles like CEO or COO and… Read More»
Diversity is such a buzz word that it’s become annoying, baggage ladden and almost useless. Obviously unfortunate. Diversity as a social and political issue demands our attention. If we want the world to be the way it’s intended to be (a spiritual belief on my part), then we have to work at reconciliation and justice.… Read More»
Large companies find innovation difficult because they are set up to execute, not to innovate. Source: Startups are built to learn, large companies are built to execute My post yesterday picked a little bit on large companies that became dinosaurs. It happens, but not always. Some reinvent themselves. Nic Brisbourne of Forward Ventures has a… Read More»
I’m in Washington DC for a quick business trip. This morning I went for my run and passed a zillion statues of famous people I should recognize. I’m a history buff and know my fair share, but this town has a lot of statues. All the bronze and concrete celebrating revolutionary leadership prompted me to… Read More»
As we move into a different fundraising landscape I worry that less of these type of truly scrappy entrepreneurs won’t get funded. Joanne Wilson, Off The Grid Entrepreneurs The whole Peter Thiel insults Chicago thing seems to have me riffing on diversity. No discussion of the topic in the context of entrepreneurship and venture capital would… Read More»
After another long day of chasing down potential investors, venture capitalist Arlan Hamilton was ready for bed. The only problem was, she had no idea where she would sleep. Source: How This Woman Went From Homelessness to Running a Multimillion-Dollar Venture Fund This is kind’a crazy right? But is it? Let’s break down the story… Read More»
Just when Chicago was feeling pretty good about itself thanks to an amazing run by the Cubs (full disclosure, I’m a Sox fan, but begrudgingly acknowledge the Northsiders have FINALLY had a pretty good season). Then Peter Thiel comes into town and gets all uppity. John Carpenter responded in Forbes very thoughtfully. And Steve Case… Read More»
Newman doesn’t understand why a start-up wouldn’t raise some extra capital for a buffer. Victor explains his view and points Newman to a post by Mark Suster of Upfront Ventures.
Venture Capital Voicemail is the podcast that lets you listen in as fictional venture capitalist Victor Chumsford mentors Newman B. his new associate. Victor handpicks the best articles, audio and video from the venture capital industry for Newman’s (and your) benefit.
Victor explains to Newman why start-ups pitching venture capital firms need a VC champion from inside the firm.
My three teenage boys love Sprecher Root Beer. Did you know you can buy Tab soda on Amazon.com? What does this have to do with venture capital? A lot actually. A huge amount of venture capital investment goes into companies based on the following thesis: “Even if we don’t succeed and become the Coca Cola… Read More»