article thumbnail

What Entrepreneurs Should do about Price Fixing

Both Sides of the Table

That was an important part of our “social proof&# that we had built interesting technology. If you have a “lead&# investor agreed then the price is already set and you don’t have to worry about price. I asked every VC not to call Salesforce. How did VCs respond? Two emailed Marc Benioff directly.

article thumbnail

VC’s Are Not Your Friends

Steve Blank

Hubris , bad CEO decisions (mine) and a fundamental lack of understanding that we were in a “hits-based” entertainment business not in a Silicon Valley technology company were slowly killing us. One day I got a call from my two investors, “Hey Steve, we’re both going to be up in San Francisco, lets grab lunch.” I was speechless.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

www.xconomy.com

XSITE 2012: The Xconomy Summit on Innovation, Technology & Entrepreneurship. The firm, Correlation Ventures, is using predictive analytics technology to tilt the odds in its favor. Morgan Stanley was a lead investor,” Coats deadpans, “and we had to start fund-raising all over again.” Steve Seitz. of Washington.

article thumbnail

Corporate Venture Capital: Obligatory or Oxymoron?

David Teten

Access to the corporate investor’s ecosystem can open up great opportunities from technology validation to customer and partner development. Says Rohit Bodas, Partner at American Express Ventures , “Our investment strategy does not assume that Amex will want to be the acquirer for any of our portfolio companies.