Tag: venture capital
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Focus (a.k.a. f(success) = M * (runway / burn rate) )
Of all the characteristics and skills we consider when assessing the quality of a given entrepreneurial team, the ability to focus on the right things is probably the most critical. Any given early stage startup probability of success can be expressed as the relationship between a key problem-solving milestone, the cost of taking a shot at hitting…
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Building A Thesis
Investing in startups is a phenomenally risky business. True, when compared to the current machine-driven equities market the asset class may not seem as crazy as it did last Thursday, but it’s risky nonetheless. At the early stage there are very few corporate finance tools that will work for potential investments, which is why the…
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Five Reasons VCs Say No (aka “Team, Market, Idea”)
As my Summer at Softbank winds to a close, I thought I take an opportunity to relay a few insights that I will take with me from my time with the incredible team up in Newton. I started out learning about investing from Jerry Neumann, who at the time was a professional angel, before he…