Genuine VC

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The Golden Age of the Boston Internet Entrepreneur

Genuine VC

But the other archetype is a thirty-something entrepreneur who, taking his experience seeing the playbook of success at larger growing startups or even “established” companies, utilizes that domain and functional expertise as unique insight into founding a company. My own personal story fits in with this narrative.

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Boston’s WebInno Is Now BIG

Genuine VC

Originally, I had invited a dozen or so internet entrepreneurs to a Cambridge bar where we crammed into the back room wearing hand-drawn nametags. Each gathering showcases early stage startups in their infancy, not as a capital-raising pitch, but rather as a way to show off their product to peers for both exposure and feedback.

Boston 100
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A Beer Drinker's View of the Venture Industry

Genuine VC

The elite top-tier firms have a sustainable competitive advantage with both entrepreneurs (and LPs alike) given brand, a vast network, and self-reinforcing success. Just like beer drinkers in the 90’s, the best entrepreneurs will have an increasing amount of real choice for their seed-stage funding options.

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Seed Stage Firms are Dead, Long Live Micro VCs

Genuine VC

I think that the number of players in this devloping class of what I’d call “Micro VCs” will continue to increase over the coming years: the model fits into an opportunity on the capital supply side, as well as more importantly becomes the right product for many entrepreneurs on the demand side. Structural.

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Seeking Nonconsensus

Genuine VC

Entrepreneurs (rightfully) lament that VCs follow a herd mentality. (Note: we have an explicit internal cultural “ethos” rule that once we decide to make an investment as a team, together we collectively fully own it and work tirelessly 110% for all of our portfolio companies.)

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Beer Kegs and the Future of Venture Capital: What It Means for Entrepreneurs

Genuine VC

Last September I wrote a post outlining my view of the venture capital industry: increasingly evolving like the beer industry as it continues to mature. Large VC firms resemble Budweiser-type macrobrews, competing based on scale and brand with a standardized product across multiple geographies, sectors, and stages.

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Back to School – VC Homework Assignments

Genuine VC

There are a number of reasons why venture capitalists give out homework to entrepreneurs who have pitched them… usually the rationale isn’t one of the following, but rather a combination: Answer specific questions. Whether it’s about the market, competition, etc., Produce financial models. Assemble (third-party) reports.

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