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The Importance of Realism in Startups

Both Sides of the Table

As I’ve said before, all startups need to realize that every other company still has to see itself naked in the mirror in the morning. In my interview I talked about the biggest stress that really comes from startups – dealing with all the other people with whom you work. They are only one aspect of the startup experience.

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Planning Your Fund Raising — “Measure Twice, Cut Once”

Both Sides of the Table

I know this is CRM 101 but I assure you most startups (and VCs) don’t do this or don’t do it well. If you’re building an education startup and you don’t see any logos of education companies on the firm’s website you are likely targeting the wrong firm. In 2010 I didn’t know a single thing about LPs (the people who invest in VC funds).

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Investing Outside The Bay Area

Haystack

Of course, that was not 100% true, with innovative startups and large outcomes occurring in Europe, in Asia, and other parts of the USA. San Francisco proper was #1, and taken on the whole, the Bay Area, of course, receives more venture capital investment than anywhere else, naturally.

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How to Kick Start Your Community’s Startup Scene

Both Sides of the Table

I just returned from 3 days in Cincinnati including attending the annual meeting of one of Upfront’s LPs – Cintrifuse. I have never been more optimistic about the impact that the tech startup community is having on cities in America or about the role that cities outside of San Francisco / Silicon Valley can play in our future.

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Does Your VC have an Investment Thesis, or a Hypothesis?

David Teten

A typical VC thesis: “we invest in tech startups in Europe at an early stage” However, our experience shows that in many cases: . Thirty-four VC firms in OpenVC call themselves “early-stage” Yet, 30% of those don’t actually invest in pre-revenue startups. Most LPs we speak with agree. .