boostrapping

  • Chop-Shop Workers and Bootstrappers: Chile Really Wants You

    Chop-Shop Workers and Bootstrappers: Chile Really Wants You


    Silicon Valley’s vitality depends on a constant influx of bright people who challenge its inhabitants to work harder and think smarter. And, as I noted in my last post, America’s economy depends on startups to create jobs and innovation. Skilled immigrants have provided both. So, given the miserable state of the economy, we should be laying out the welcome mat for the… Read More

  • Ditch the Biz Plan, Buy a Lottery Ticket

    Ditch the Biz Plan, Buy a Lottery Ticket

    Hardly a day goes by when I don’t have a rookie entrepreneur ask for advice on raising money from VCs. They usually have a fancy-looking business plan with detailed spreadsheets showing how their company will be worth billions by capturing just 1% of a market. All they need is some financing, and they’ll take the world by storm. My advice is always the same: ditch the business… Read More