Revisited: big VCs investing in seed rounds
A few years ago, the trend of companies raising smaller seed rounds combined with the emergence of new seed funds caused many big VCs to…
Give away the diagnostic, sell the remedy
Companies that employ the “freemium” business model give away a product or service for free and then charge for additional features. The…
The myth of the overnight success
Angry Birds was Rovio’s 52nd game. They spent eight years and almost went bankrupt before finally creating their massive hit. Pinterest is…
Some tips for interacting with the press
Here are a few things I’ve learned over the years about the best ways for entrepreneurs to interact with the press (by press I mean blogs as…
The internet is reshaping our economy from one of huge corporations with lots of jobs to huge platforms with lots of income streams
From Innovation and the Bell Labs Miracle in today NYTimes: Innovation is an important new product or process, deployed on a large scale and…
Once you take money, the clock starts ticking
One of the interesting things about having been investing in startups for a number of years is that at any moment you get an inside peek at…