Today’s great post is from Josh Kopelman and is titled I Don’t Know. In it he describes two meetings and explains the key importance of founder credibility – and why the founder in the second meeting had much more credibility than the one in the first. Oh – and he nudges all of his know-it-all […]
Archives for March 2008
Month: March 2008
Today’s great post is from Albert Wegner at Union Square Ventures titled Structural Change and Marketplaces. If you want a view of how Albert and his partners think about marketplaces (and the structural changes occurring) read carefully.
Q: Can you please clarify the distinction between the roles of a CEO and a COO? I had my own impression of the roles of a CEO, which included managing and motivating the team as a whole and ensuring the execution of day-to-day tasks. However, after speaking with a mentor, who has been a CEO […]
Q: Say I have an angel (SEC accredited) who’s ready to invest at an amount well below $100k. How would this impact on a future round with VCs? Is there some standard or average pre-money and post-money that happens in angel deals? Also, the angel in question is a family member of a friend, so […]
My partner Seth Levine has today’s great post up titled Serial vs. collective board communication. In addition to the post being stimulating, the first comment starts off "I’d like to politely disagree" and goes on to add several interesting counterpoints.
Today’s guest poster is Frank Ronchetti, CFO of a local startup in Boulder. His “ask the vc” question became more of an observation and I thought that I would post in its entirety and then comment below. Frank, you have the floor. Are VCs incompetent or just inconsiderate? Not all venture capitalists mind you, just […]