Category

Venture Capital

Treat capital raising like a sales process

I’m involved in a lot of capital raising conversations – companies looking for money. One thing that never ceases to amaze me is how narrow minded many companies are in how they approach this process. Forget the obvious stuff about doing research on local VC firms and their investment focus to make sure you are…

Getting to No

My wife and I live with a toddler and as a result are becoming more familiar with the concept of “NO” – which, incidentally, I can now assure you can contain anywhere between 1 and 5 syllables, depending on the desired effect and emphasis. It got me thinking about a VC pet peeve of mine…

Attributes of a good venture capitalist

When I was interviewing for my job at Mobius I asked Dave Jilk interview not only with MDs and other associates, but also with portfolio – who had briefly been an associate at Mobius and was then (as he is now) running a portfolio company – what he thought the most important attributes of successful…

Accidents in North American Venture Capital

As a member of the American Alpine Club I look forward each year to the arrival of my copy of Accidents in North American Mountaineering.  This is a book that the club publishes annually that documents climbing and mountaineering accidents that are reported each year in the United States and Canada.  The idea, of course,…

Who is your vc?

John H turned me on to a post from Investments and More titled VC’s – Top Brass Solid, Others Not (“wow – someone taking the glam out of the VC world,” he writes).  I actually found his post pretty amusing. While I think a lot of people at venture firms are fantastic (law of natural…

Some thoughts on better board meetings

I sit through a lot of board meetings and while they are a great time for a company to harness the expertise of the people sitting around the table, they need to be structured and managed in such a way to actually accomplish that (i.e., effective board meetings don’t just happen – they are the…

Thinking of taking venture capital? Don’t!

Here’s a thought for those of you considering taking venture capital – don’t do it. Seriously. It’s not worth it. Ok – so I’m not 100% serious. I’m trying to make a living investing in companies and would therefore be out of business if everyone followed this advice, however I think that for the majority…

Sltashdotted for VCs

I got the VC equivalent of Slashdotted today when Daniel Primack of PE Week Wire referenced my “How to become a venture capitalist” post in his daily e-mail this morning.  Traffic on my blog went crazy (it was already running a little high this week from that post – particularly after Brad and Fred each…

Welcome Will Price to Blogging

I’m always encouraged when I see other non-partner VC’s blogging. As regular readers of this blog know, I’m using it in part to explore some of the differences between being a partner and being a non-partner in the venture industry. While there are a number of great VC partner blogs, there are many fewer non-partners…

How to become a venture capitalist

I get asked this question a lot and while the real answer is “I have absolutely no idea,” I thought I’d make something up here so I at least have a place to send people who ask me this question (as well as  anyone else who happens to stumble upon this blog searching for ‘getting…