The Immediate Future for Adtech Startups

I spoke at the AppNexus Summit a couple of weeks ago. Brian O’Kelley read my post on adtech investing trends and asked if I could expand during the session. The video is online (my part at 1:48), but I thought I’d write it up also. I figured in the AppNexus audience of 600 that there […]

The aim of marketing is to make selling superfluous

I was preparing to teach my entrepreneurship class about marketing last week and ran across an old blog post of Fred Wilson’s*. A very experienced and successful entrepreneur came into our office a week ago to pitch his latest company. At the end of his pitch he showed us some numbers. Normally for a raw […]

How to kiss your elbow

Even before Paul Graham’s Growth post the recent VC meme was that entrepreneurs just aren’t as ambitious as they used to be. They are too careful, husbanding their cash rather than boldly investing it in growth. I’ve heard this kvetch four or five times since Labor Day, each time from a smart and well-respected VC. […]

Great Riches and Low Theft

In early 1998 I walked the open plan floor of what was then one of the largest web development shops. The founder was giving me a tour so I could see the scores of web developers working diligently. They looked the part, the founder looked the part, the place had good energy. I liked it. […]

Response to comments: Training VCs

Many of the comments on yesterday’s post were about training future VCs, or not. Both Brad Feld and Fred Wilson said they did not have junior VCs because they did not want to burden entrepreneurs with inexperienced VCs. This makes a ton of sense. But, then, where should experienced VCs come from? Andy Weissman comments […]

On fixing VC ourselves

What good is it for me to sing helplessness bluesWhy should I wait for anyone else? – Fleet Foxes, Helplessness Blues That’s for Fred Wilson. In his post last month “Can the Crowd Be More Patient“, Fred says We need new medical approaches to preventing and/or curing disease. We need new scientific approaches to generating, […]

That joke’s not funny anymore

“[Y]ou have to assume that humans are capable of looking at facts, finding root causes and formulating solutions. On my planet there’s not much evidence to support this assumption… If humans had the ability to look at facts and make good decisions, think about how different the world would be. There would be only six […]