Last week I had a conversation with an eager young first time entrepreneur (let’s call him Joey) just out of school who was looking for funding. If desire equaled fundability, this guy would have raised $50mm already. I try to make it a point to always respond, even though the bulk of those responses will be a “I’m not interested, here’s why, and here’s a thought for what might be good to do.” In his case, I had to roll … Read More
Well, March has come in like a lion. Not only did we get 26” of snow two weeks ago in Burlington, but also I’ve been experiencing a blizzard of activity with my angel investments—4 good events, and 1 bad. Which is a great ratio, but then again, these are only midterms, and most final grades aren’t in.
So, what’s to celebrate? The best news came first: an exit on one of my investments. The good news was accompanied by the … Read More
Vermont New Business Prescription: Second in a Series
Pulling it all Together
Tomorrow I’m meeting with Vermont House legislators as well as an official from the State Commerce department to talk about startup competitions. As I said below in “Vermont New Business Prescription: First in a Series”, Vermont would do well to create a statewide startup business competition. The State Legislature evidently agrees: they commissioned a committee to put together a plan for a “StartUp Vermont” competition. Why … Read More
Congratulations to Governor-elect and entrepreneur Peter Shumlin on his recent election. Gaining re-election at the same time are entrepreneur/Senator Hinda Miller and Speaker Shap Smith, who with Peter were the three legislators who organized and listened to Vermont entrepreneurs during the last legislative session. If I were in their shoes, there are five themes I’d keep in mind in the effort to create new businesses and jobs in Vermont. I’ll be blogging on each in detail later on.
I. … Read More