David Teten

JANUARY 19, 2021

(co-written with Jamie Finney, Founding Partner at Greater Colorado Venture Fund. From RBI, Flexible VCs borrow the ability to reap meaningful returns without demanding founders build for an exit. By tying payments to actual revenues, founders and investors remain aligned around the company’s real-time performance, good or bad.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

Steve Blank

MARCH 31, 2014

Metrics like Return on Net Assets, Return on Capital and Internal Rate of Return are the guiding stars of the board and CEO. As Harvard professor Clayton Christensen noted, these efficiency metrics provided wise guidance for times when capital was scarce and raising money was hard. This never ends well.

Private Equity 329

Private Equity Metrics China Intellectual Property 329

Feld Thoughts

APRIL 21, 2016

“Many Unicorn founders and CEOs have never experienced a difficult fundraising environment — they have only known success. The “Many Unicorn founders …” quote is the first of four emotional biases that Bill calls out. Fred Wilson’s daily post referred to the article in Don’t Kick The Can Down The Road.

Marketing 70

Marketing Down Round Startup IRR 70