entrepreneurship

  • Entrepreneurial Experience Separates Top VCs From Other Investors Crunch Network

    Entrepreneurial Experience Separates Top VCs From Other Investors

    A good VC is hard to find. Researchers studying the sector have noted that most venture capital funds “fail to generate attractive returns (or any returns) for investors.” Over the last several years, a number of well-known leaders in the industry, like Fred Wilson, have also spoken publicly about the mediocre returns that many venture firms deliver. On the other hand, the best VCs… Read More

  • The End Of The Startup Gold Rush, Absurd Burn Rates And Tourist VCs Crunch Network

    The End Of The Startup Gold Rush, Absurd Burn Rates And Tourist VCs

    In 15 years as a venture capitalist, I’ve seen just about every market condition you can imagine. I started at Insight Venture Partners in 2000 at a time when the stock market was experiencing historic highs and tech companies were receiving massive private and public valuations. Capital markets were flush, startup burn rates were rampant, and the gold rush was on. Investors came out… Read More

  • Build An Offshore Development Team That Won’t Suck Crunch Network

    Build An Offshore Development Team That Won’t Suck

    The No. 1 problem of almost every Silicon Valley entrepreneur is finding engineers. Developers in San Francisco are similar to apartments in San Francisco — really expensive, hard to get and even harder to keep. On top of a six-digit salary, bonuses and large stock packages, you’ve got to offer a super duper cool office, some unusual perks, etc. It doesn’t have to be this way. Read More

  • The State Of Hardware For 2015 Crunch Network

    The State Of Hardware For 2015

    Startups are re-imagining daily objects and inventing new devices. Supported by maker spaces incubators and accelerators, a fraction of this explosion of startups moves on to later stage financing. Investment in IOT startups is likely to hit a record height of $2B this year according to CBInsights. Read More

  • When And How To Pick Your Next Launch Country Crunch Network

    When And How To Pick Your Next Launch Country

    International expansion is a challenge any globally ambitious company will face — some sooner than others. As a long-time investor in both the U.S. and Europe, I often get asked by the venture community about the difference between the two. In my opinion, one of the key elements is the market fragmentation, which is something that European companies tend to come up against sooner than… Read More

  • America’s Whitest City Explodes With A Fusion Of Inclusion Crunch Network

    America’s Whitest City Explodes With A Fusion Of Inclusion

    It’s tough to see at first glance that diversity matters in Portland, Oregon. After all, Portlandia is widely known as the “whitest city in America.” But hidden within this environmentally friendly rain-soaked scenic city, there are intentional efforts ongoing in economic gardening across multiple community sectors to cultivate the growth of a diverse landscape of job creators. Read More

  • The Two Distinct Types Of Fintech Innovation Crunch Network

    The Two Distinct Types Of Fintech Innovation

    Fintech, the (faintly uncool) term for financial technology, is booming these days. But it’s wrong to think of fintech as a single sector. There are two very distinct types of fintech innovation that entrepreneurs, consumers, investors and regulators need to be able to tell apart. To understand the distinction, it’s helpful to take a look at venture-backed innovation in general. Read More

  • How To Extract More Than Capital From Your VCs Crunch Network

    How To Extract More Than Capital From Your VCs

    The relationship between VCs and their portfolio companies has changed significantly over the past five or so years. In many ways it is still the same, in that VCs provide capital, then take a significant equity stake and often a board seat. However, as the funding process has become more transparent and new capital sources have emerged, startups are looking for more value from their… Read More

  • You’re Not In The Valley Anymore Crunch Network

    You’re Not In The Valley Anymore

    My friend and fellow investor Jon Lehr of Work-Bench recently wrote a piece entitled “7 Lessons Learned in My First 2 Years as a VC.” Jon and I have known each other since before either of us were VCs, and I’ve tried to carry a bit of his legacy to Chicago in launching the Chicago Enterprise Tech Meetup (Jon launched the NY version several years back and it has become a… Read More

  • General Assembly Raises $70 Million, Closing In On 25,000 Alumni Worldwide

    General Assembly Raises $70 Million, Closing In On 25,000 Alumni Worldwide

    Today, educational startup General Assembly announced a series D round of funding of $70 million. Here’s what CEO Jake Schwartz had to say about the news, including the addition of a new board member: Today we are announcing a new round of funding for General Assembly, representing over $70 million in capital from a group of leading investors. Our new investors are Advance Publications… Read More