If you don’t have scale as a goal then you shouldn’t be raising money from angel or venture investors, you should be getting a commercial or government small business loan.). •   Search. If you’re a scalable startup, you want to spend small amounts of money (seed capital) as you run experiments testing your hypotheses. Venture Capita MORE >>

Consumer Internet investing seems to have split off from traditional Venture Capital, and is creating a new category of VC’s: Lean VC’s. I think you can blame Customer and Agile Development for a small part of it. Electron-based Venture Capital. Their capital needs are low at the front end. Here’s why. MORE >>

Many observers of the venture capital industry have questioned whether its best days are behind it.  Looking ahead at the next decade I am excited by what I believe will be viewed as one of the best and most rational investment periods for venture capital due to seven discrete factors: 1. Thank you, Aaron Sorkin! MORE >>

The best VCs are the ones that balance their optimism, vision and enthusiasm for startups with realism based on very real constraints (the primary one being his/her own time, but also includes market development and exit timing). Brad Feld wrote a fantastic post today entitled Too Many Seed Investment Choices. This takes a lot of time. MORE >>

Startups built every possible feature the founding team envisioned (using “Waterfall development,”) into a monolithic “release” of the product taking months or years to build a first product release. Customer Development , Agile Engineering and the Lean methodology enforced a process of incremental and iterative development. MORE >>