June 2009
8 posts
Jun 26th
what you are doing is not unique (and your idea is...
Awful idea = -1 Weak idea = 1 So-so idea = 5 Good idea = 10 Great idea = 15 Brilliant idea = 20 No execution = $1 Weak execution = $1000 So-so execution = $10,000 Good execution = $100,000 Great execution = $1,000,000 Brilliant execution = $10,000,000 Since I don’t know how to import a spreadsheet in tumblr, I have copied the above variables which can be multiplied to determine...
Jun 23rd
Jun 18th
“If staring at lakes and [water] skiing after work are important to you, don’t...”
– Ouch, tough love from Michael Arrington. We’ve talked about the silicon valley/everywhere else dichotomy on this blog before, but this hardly scientific data doesn’t support Michael’s theory that startups can only thrive in CA. I can name dozens of amazing startups in Austin and...
Jun 18th
A Self Fulfilling Prophecy
With venture capital returns dismal over the last year and some calling the model broken, there has been a lot of debate as to how to return to normalcy. There has been some innovation to help with short term liquidity issues but the big question is how to make venture capital an attractive asset class again. For one, LPs want smaller funds. Fred Wilson has talked about the oversupply of venture...
Jun 7th
Occam's Razor →
William of Ockham is attributed with saying that entities should not be multiplied unnecessarily. East coast early stage VC Ed Sim applied Ockham’s theory to startups by advising founders to focus on the big picture and that less is more. I have been beating this drum for a long time, but to a slightly different tune. The concept of Occam’s Razor, to shave off any complexities, is...
Jun 7th
Jun 3rd
Jun 3rd