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What Makes an Entrepreneur? Four Letters: JFDI

Both Sides of the Table

The technology team disagrees on direction and wants resolutions. There’s a guy in Los Angeles that I met at several tech networking events. He was a really nice and personable guy who had deep domain knowledge in an industry that he’d worked in for 10 years that is in need of technological advancement.

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How to Improve Your Odds of Getting to Yes with a VC — “Land and Expand”

Both Sides of the Table

Usually after a Monday partner meeting you get a pretty strong: Yes, term sheet coming No, sorry we’re passing Maybe, we need to do more due diligence / analysis / work I always counsel founders that “good news comes early” so if you haven’t heard by Tuesday at noon chances are it wasn’t likely a clean “yes.”

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Startup Metrics

TechEmpower

Proving your Business Model Works - Build, Define, and Review But how do you prove your numbers? Finally, review the numbers with your partners. The metrics, and how they relate, are captured in his slide: Note the relationship between retention/referral efforts and lifetime value. Don’t worry about scaling just yet.

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The Changing Structure of the VC Industry

Both Sides of the Table

Note the full presentation deck with additional slides can be found on SlideShare here or you can simply scroll through it at the bottom of this post.]. But the biggest changes in our industry have been driven by technical changes themselves to which we are just observers and fortunate beneficiaries. 2007 was the watershed year.

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Is Silicon Valley Really Coming to an End?

Both Sides of the Table

David encourages entrepreneurs to stay away from the big tech firms (such as Google, Facebook, Microsoft, Apple) because they are hard to compete with. I believe entrepreneurs should, in David’s words, “build big businesses on the outskirts” but I don’t believe that Silicon Valley tech giants will outmaneuver startups.

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The Most Obvious Mobile Ad Unit and What the New York Times Got Wrong

Both Sides of the Table

The New York Times recently ran an article titled, “ Tech Companies Leave Phone Calls Behind.” Tech Companies most certainly do take calls. Tech Companies & Calls: I once read a quote on Twitter that said, If you use a tech service for free then product is you. But this article missed the real trend.

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10 Ways To Make Your Funding Pitch More Hard-Hitting

Startup Professionals Musings

Or they get sidetracked by a technical glitch due to poor preparation. Equally bad is a full tutorial on your new disruptive technology. Investors are more interested in your solution and your business, rather than your technology. If you have ten minutes, that means no more than ten slides.

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