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. […]
startup economy
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, […]
Disruptive innovation, buy vs. build, the most pernicious lie in business, and how to know if you’re fooling yourself
If a man has good corn or wood, or boards, or pigs, to sell, or can make better chairs or knives, crucibles or church organs, than anybody else, you will find a broad hard-beaten road to his house, though it be in the woods. —Ralph Waldo Emerson, big fat liar No matter what the dictionary […]