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Is This VC a Good Girlfriend or a Good Wife?

I’ve been using this slightly chauvinistic metaphor a fair bit recently, so please forgive me ūüôā It’s always interesting to me to watch how entrepreneurs evaluate VC investors. ¬†If you are in the luxurious position to be able to choose your investors, I really recommend going through the extra couple days of work that that […]


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The Evolution of Angels into VC’s

We’ve been witnessing an institutionalizing of angel investing in recent years.¬† For the most part, it’s good. There continues to be a gap in the market for stage appropriate seed investors, especially in the East Coast.¬† But it’s interesting to watch some of these funds pursue a predictable path of evolution.¬† It’s goes something like […]


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What Is The Ideal Seed Round Composition?

I’ve been having this conversation quite a few times over the last several weeks, so I thought it would be important to do a post on this.The question that I often get asked is “how should I think about the composition of my seed round?” ¬† This is related to my prior post on how […]


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How VC’s Win

VC’s grill entrepreneurs all the time about how they will win vs. their competitors. ¬†What’s your “secret sauce”? ¬†How do you have an “unfair advantage”? How do you “get to first base” in light of many other competitors? What entrepreneurs probably don’t think about is that VC’s face the exact same questions from their own […]


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Hi, I’m a tech VC on Twitter

Hi, I’m a tech VC on Twitter. I’m @xyzvc My icon is cool. ¬†It’s a painting/cartoon/wacky photo. ¬†Shows that I’m hip and approachable. ¬†But when I meet with you, I’ll still crush your dreams.¬† I tweet about technology, but occassionaly post personal stuff. ¬†Important to show I have a sensitive side and care about more […]


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Good vs. Bad VC Due Diligence

I remember early on in my VC career, I chatted with an entrepreneur turned VC who remarked “as an entrepreneur, time is your enemy. ¬†As a VC, time is your friend.” What I think some VC’s mean when they say this is that investors typically have limited incentive to move quickly. ¬†Unless there is a […]


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How VC’s Value Early Stage Companies

Valuations in venture backed companies seem to be a mystery to most.Even in the past 18 months, when it was close to impossible to raisemoney, we’ve seen valuations in early stage companies that caused alot of headscratching (Square, Foursquare, Groupon, etc). It begs the question of where these valuations come ffrom. ¬†B-schoolstudents are trained to […]


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Why VC is Like Poker and Stinks for New Entrants

I wrote a post on Sunday about Why the VC Business is like a big game of Texas Hold’Em. As folks pointed out, it’s not a perfect analogy, but there are major similarities because of the interplay of skill and luck and the advantage derived from early successes. But here’s the reason this structure makes […]


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Is It A Waste Of Time Talking to VC Associates?

There has been some chatter on Twitter about the value of pitching to VC associates. Thought I’d lob in my 2 cents on the shuttle to NYC. Full disclosure – I am a senior associate at Spark Capital. Roles have blurred between associates, principals, EIR’s, and VP’s. Regardless of title, different roles have different levels […]


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Top VC Website vs. Blog Traffic

Larry Cheng at Volition Capital has put together some excellent lists of top VC bloggers and top VC websites by traffic. Obviously, these measurement methods aren’t perfect (he uses a rolling 3 month average of unique visitors from Compete), but they are directionally correct. ¬†What I found interesting is the correlation (or lack of correlation) […]