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This Week in Venture Capital – Episode 4

Both Sides of the Table

Zong is obviously doing something right since they are now the preferred mobile payment platform for Facebook’s mobile credit offering but will compete against some serious guns – Boku has raised nearly $40 million from Benchmark, Index, DAG and Khosla Ventures – the A list of who’s who VCs. 15mm in Series A.

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Why Uber is The Revenge of the Founders

Steve Blank

Why do these founders get to stay around? Because the balance of power has dramatically shifted from investors to founders. Technology cycles have become a treadmill, and for startups to survive they need to be on a continuous innovation cycle. VCs competing for unicorn investments have given founders control of the board.

Founder 245
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From Nothing To Something. How To Get There.

techcrunch.com

The timing is perfect, there is more than a little overlap with Vivek Wadhwa’s guest post on venture capital earlier today. One of the things I do as a founder of a later stage startup is to meet with early stage entrepreneurs to help them get their companies going. and Google. Johnny Good post.