The validation/dollars ratio is a measure of efficiency and a quasi measure of return on equity. Jeremy and Josh 's thoughts on valuation are well worth reading. Not only should founders be mindful of valuation issues, but also need to be thoughtful about capital structure and shareholder mix. Will the product work? Will customers buy it? MORE >>

David Swensen , Yale University's Chief Investment Officer, is widely recognized as one of the world's great investors For Fiscal 2007, Yale reported a return of 28%. to hedge funds, 4% to private equity, 1.6% to private equity, and 2.5% Over the last decade Yale's return is 17.8% and assets have grown from $5.8bn to $22.5bn. MORE >>

What do JavaScript-enabled services, SaaS, and Open Source all have in common? They are product delivery models that dramatically reduce the cost, time, and resource requirements to test products and their purported value. The risk to trial is mitigated and individual users can experiment and validate value in isolation of the broader enterprise. MORE >>

Community is more powerful than money or technology » August 11, 2007 How much equity for investors and employees? How much equity should I give up? How much equity should I grant to early employees? No loss of equity, at least until they convert at Series A. How much equity should be given to employees? MORE >>

aka Memo to Jason Fried: Sorry, Youre Fucking Wrong.) [ clarification : i was a private angel investor in Mint's A round back in early 2007, when i was also doing some marketing consulting for the company. Early stage VCs don't exist at the same level as in the US either so our equity gap is large and difficult to fill. right. MORE >>