Oh, startups. I am trying my absolute hardest to stay retired (this is the third attempt.) I know it’s wrong to keep at it, but I still feel the forbidden urge. My head tells me to “Do less, slower”, but…
The First Temptation: Ethereum
I have seen the future of fintech, and it IS distributed ledger technology. And Ethereum’s smart contracts are the key component for all payments. Accordingly, I’ve picked up the .eth domains for several hundred words, … Read More
Now that I’ve retired for the third time, (and am hoping this time it sticks), I think I want to get back to writing more. But for me, writing and editing is a huge pain, and I don’t like to edit. So I believe instead I’m going to do more stuff like interviews, AMAs, publishable chats, which are more fun…and certainly a little more sloppy and less edited, in keeping with the “Insufficiently Edited” concept.
My plan is to do … Read More
A few years ago, I filmed a few of the leading lights of Boston Tech talking about the startup community here. Special thanks to Ahmed Hentati (who also did the initial work for the Boston VentureMap) for having archived the video. The video is old, some job titles are out of date, but the big themes: talent, tech, universities, and community are all still valid.
With no further ado, here’s Katie Rae (The Engine, Project11, Techstars), Eric Paley (Founder … Read More
Before I try to attack the next topic in the series—networks/connections—let me point out a few of the comments I’ve received offline on the last post. If you haven’t read that, read it first.
You’re back? Great. In no particular order:
*Excellent wiki efforts exist now to be copied/improved upon. Specifically, there already is a good workflow and precedent established on GitHub for open-source guides, including this one on equity compensation. A new one is just forming to … Read More
In “The New Virtual Accelerator”, we posited that all of venture can be broken down to knowledge, networks and capital. Today we focus on the first leg of the stool, knowledge. The problem is not that there is too little startup information publicly available–quite the contrary. The big problem regarding online resources are discoverability, quality control, maintenance, and to a lesser extent, access. This piece will not focus on those pieces of knowledge that you rent (e.g., legal services), … Read More
The early stage venture environment has changed enormously in the last 10 years. It has never been easier to start a venture and access seed capital; nor, arguably, has it been harder to separate ahead of the pack in the overcrowded startup world, which may have reached Peak MicroVC and Peak Accelerator. Seed only funds barely existed ten years ago, but now number around 300. Likewise with accelerators, which have gone from single digits to over 1000 in the last … Read More
I’ve attended dozens of Demo Days at 9 different accelerators. But this past Friday was my most comfortable one ever. And I didn’t even have to show up.
Thirty years ago, every Wall Street firm sent out their own research individually to investors. Investors hated the pile of reports, and the firms hated maintaining all the mailing lists. Then came a startup named FirstCall, which bundled them all together, coordinated the release of materials and let the investors choose … Read More
So you applied to that coveted top accelerator and have been selected for a interview? Congrats! While you’ve progressed from 100:1 odds down to maybe one in three to five, it probably all comes down to that 25 minute final interview. As one of the three votes on admission for the Techstars program in Boston, I’ve sat in on hundreds of these. Here are the tips that will definitely work well on me and my colleagues, and most all other … Read More
Dear X: We met for breakfast last week, when you told me you feel unfulfilled with your job. You want to work in the startup arena, either for a promising young company or for a VC, but at anything that will get you a foot in the door. I promised that I would write a blogpost for you with my thoughts, and here they are: 1)Get Educated on Startups; 2) Network; 3) Publish; 4)Dive Deep; and 5) #GiveFirst
Get … Read More
This past week, Brad Feld, Fred Wilson, Roelof Botha and Marc Andreessen all separately praised the journalism of Harry Stebbings. Who is this guy?
While every Harvard MBA is trying to find a way into venture capital, how did an unknown Brit cut ahead in line and become a go-to-source and door-opener? To paraphrase the cartoonist Peter Steiner, it helps that on the internet, nobody knows you’re a 19 year old.
I was introduced to Harry Stebbings’ work … Read More