Don’t shop your term sheet
There are all sorts of protocols in the VC world. Most of them make sense upon further examination, but if you’re a first time entrepreneur…
Question from a reader
I’ve gotten some emails recently from readers of this blog with questions about early stage startups. I’m sorry if I haven’t responded to…
Information is the (other) currency of venture capital
Many seasoned entrepreneurs have had the following experience. A VC eagerly wants to meet with you. You have what seems like a very good…
New York City is poised for a tech revival
One thing that was puzzling about the “web 2.0 boom” from 2003-2008 was how irrelevant the East Coast, and particular New York City, was…
VC’s care about the upside case, not the mean
The biggest mistake entrepreneurs make when pitching VCs is to argue that their startup is likely to succeed. Instead, they should argue…
To make smarter systems, it’s all about the data
As this article by Alex Wright in the New York Times last week reminded me, when the mainstream press talks about artificial intelligence…