Category venture capital

The Cold Reality of First-Time Funding

Earlier today, I watched Fred Wilson and Ben Horowitz debate lean vs fat fundraising approaches (very different from “lean startup” concepts even if often confused). The reality is very very simple: unless you are a celebrity/proven founder, “lean” is your only option. I don’t buy for a second that Horowitz would write a “fat” check… Continue reading

Applauding Hornik

David Hornik over at Venture Blog has a marvelous post up called “Venture Capitalist At Your Service”.  He recognizes that his LPs are his customers, yet he also recognizes that: “The executives of my portfolio companies are my clients. But all entrepreneurs are potential clients. And I need to behave accordingly.” Easily said, right?  The… Continue reading