Remove Differentiation Remove Dilution Remove Syndication Remove Venture Capital
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On Human Capital & Venture Capital

thebarefootvc

It is the human capital involved, both internally with company teams and externally with advisors, boards and investors, that is going to differentiate which startups survive and become the disruptive businesses of tomorrow. Money is fast turning into a commodity.

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Some Reflections on VC Investment Decisions

Both Sides of the Table

I was having dinner with a friend last night and we were chatting about venture capital and a bit about what I’ve learned. I guess if you’re in high-volume, low-differentiation mode perhaps this is efficient for you. Inbound is seldom differentiated dealflow. You could spent 20 days / year at Demo Days now.

Cofounder 374
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Time is the Enemy of All Deals

Both Sides of the Table

We were trying to optimize around a few criteria: price, size of round, number of syndicate partners and, of course, terms. But we weren’t optimizing for dilution – we were building a $1 billion+ company and we wanted the runway to succeed. It quickly became impossible to raise venture capital. Yes, this was stupid.