Today’s great VC post is by Greg Gottesman (a managing director at Madrona Venture Group) and is titled Thirteen key characteristics of a great startup culture. It shows up in John Cook’s column in TechFlash – the article is solid and the comments (all 66 of them at this point) are priceless. I’m baffled by the super-negative anonymous commenters as they add absolutely nothing to the conversation. If you are going to be critical (which is fine – and often helpful in sharpening up the ideas), be bold and comment with your real identity!
Archive for the ‘Great Posts’ Category
Today’s post is from Matt Eventoff – a communications consultant who has good tips for entrepreneurs who are pitching VCs.
I reinforce that having a clear message is really important. If you get off on the wrong foot in a presentation and can’t clearly definite your value proposition, you risk losing the interest of the VC and never getting it back.
Jeremiah Owyang has today’s great post up titled Beyond the Money: Some VCs Provide Startups With A Competitive Edge. The bullet point summary is:
- Thought Leadership
- Strategic Guidance
- Being Part of The Family
- Ancillary Services
- Umbrella Branding
- Parties… eerr um Networking
- Recruiting and Fundraising
It’s a quick read but with some great thoughts in it.
Today’s best post of the day is from Josh Kopelman of First Round Capital. Most of Josh’s posts are winners and Nothing to Lose (or Risk Tolerance is a Competitive Weapon) provides some great insights into the impact of risk tolerance during the 2000 downturn and how PayPal used it as a competitive weapon against eBay.
Today’s great VC post is from our partner Seth Levine who wrote a post on his blog titled Hiring As A Core Competency. It’s worth a careful read for when you are ready to start hiring again.
Georges van Hoegaerden, the managing director of The Venture Company, has today’s post of the day titled Which investors to avoid. In addition to a couple of great one-liners, it’s got some good advice.
To reinforce Georges post with an opposite, take a look at Fred Wilson’s post Soundcloud – Flickr For Musicians. In it, Fred offers a suggestion for the best way for an entrepreneur to pitch him, "they should send me a link to their web service and if I like it, I’ll follow up and meet with them" reinforcing his position as one of the most accessible VCs ever. One who gets innovation, loves working with entrepreneurs, and understands the value of clear, crisp, and detailed interaction in the process.
It’s a very informative, yet easy to read piece on strategies for cutting your company’s burn rate during these challenging times.
Most of her advice is with her employment law hat on, which is certainly a chief concern when contemplating cost reductions.
Take a read- it’s a good one.
Fred Wilson has today’s great post up titled Portfolio Screens. This is the second post that describes how Fred is thinking about his portfolio right now and follows another great post of Fred’s titled The Survival Matrix.
The size of the balls represents the amount invested in each company (the picture above is of a theoretical portfolio.) In Fred’s world view, he wants to "see the balls move up and to the right over time. And you want to see them start out small and get bigger as they move up and to the right."
Today’s two great VC posts are from David Cowan and Stu Phillips.
David writes on The Prospects for SaaS. He also discusses his mixed experience with his squash gnocchi.
Stu writes on The other side of cost cutting. While cutting costs is important if you are trying to become profitable, Stu suggests that everyone should make sure they are focusing on the other side of cost cutting – revenue generation.