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Why I Look for High Conviction, not Consensus, in Venture Capital Decisions

Both Sides of the Table

One of the least understood parts of the venture capital industry and venture capital firms is how investment decisions actually get made. The beauty of venture capital is that on any given deal I can only lose one times my money. I need to bet on things that could help create an industry.”

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Two New Techstars Programs – Mobility/Detroit and Techstars++/Mayo Clinic

Feld Thoughts

I’m fascinated with Detroit. When I was there in October 2012 with my partners Ryan and Jason to run the Detroit Marathon we talked about the idea of getting more involved there in some way. Jason grew up in Detroit and has lots of stories there. The local Detroit startup community engaged very powerfully in the idea.

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New San Diego VC Firm Emerges as ‘The Moneyball of Venture Capital’ | Xconomy

www.xconomy.com

View More in Detroit ›. XSITE 2012: The Xconomy Summit on Innovation, Technology & Entrepreneurship. Detroit Events ›. New San Diego VC Firm Emerges as ‘The Moneyball of Venture Capital’. The firm, Correlation Ventures, is using predictive analytics technology to tilt the odds in its favor.

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What Makes a Successful Startup Community? Is it Possible to Build One Where You Live?

Both Sides of the Table

Recently I wrote a post arguing to make the definition of a Startup more inclusive than that to which Silicon Valley, fueled by Venture Capital return profiles, would sometimes like to attach to the word. A local tech winner really creates a generational technology opportunity in the way nothing else can. Local press matters.

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Microsoft’s Bing Fund will give online startups cash, advice, and discounts

venturebeat.com

Venture capital. At the end of the incubation period, Microsoft hopes to help the companies find their first round of venture funding through its venture capital partners — or perhaps acquire them itself. From $1.5B to half a trillion dollars: PayPal celebrates a 10th anniversary. Editor’s picks.

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One Hand Clapping – Entrepreneurship In Ann Arbor, Michigan

Steve Blank

Students ; presented to entrepreneurship classes teaching technology-driven Scalable startups as well as students interested in Social Entrepreneurship. Venture Capital ; met with the local hardware/software venture capital firm. You Can’t Start a Fire Without A Spark – A Lack of Venture Capital.

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Why “The Culture of Failure” is Imperative to Startup Communities

Both Sides of the Table

33:15 Thank you to Detroit Venture Partners for supporting the show. 49:30 Steve: When’s the last time venture capital actually led an innovation? 55:45 It seems obvious that technology is the natural choice to solve the pain points in education. Everyone give them a big thanks @dvptweets.

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