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Why You Should Background Check Your Business Partner

YoungUpstarts

If you don’t perform a background check on your potential partner before doing business with him, you’re setting yourself up to get duped. It’s imperative to perform a due diligence check before entering into any business relationship — especially for an entrepreneur. But those who have something to hide will hide it.

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Praying to the God of Valuation

Both Sides of the Table

SEEING THINGS FROM THE VC SIDE OF THE TABLE While I was a VC in 2007 & 2008 those were dead years because the market again evaporated due the the Global Financial Crisis (GFC). Almost no financings, many VCs and tech startups cratered for the second time in less than a decade following the dot com bursting.

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The Midas List Then and Now

View from Seed

There is always some debate about the methodology and accuracy of the list, but I think it’s a pretty interesting data set that reflects some of the things that have been happening in tech and VC over time. 2009 was the nadir of the global economic crisis, followed up an unprecedented bull market. A couple interesting things.

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Benefits of Bitcoin

The Startup Magazine

Bitcoin appeals more towards the tech-savvy crowd of people because it lacks “middlemen” or centralised authority. Bitcoin was created by Satoshi Nakamoto and published as an open-source code in January 2009. Bitcoin was initially introduced in 2009 but it took some time before the general public paid attention to them.

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Understanding Virtual Data Rooms And Their Significance Today

YoungUpstarts

Before the advent of cloud technology and the Internet, company files had to be stored away in physical data rooms (PDRs). A 2012 study done by IBISWorld revealed that VDRs experienced a steady growth of about 17 percent annually as a result of technological advancements as well as the growth of global demand for these storage services.

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The Changing Structure of the VC Industry

Both Sides of the Table

Limited Partners or LPs (the people who invest into VC funds) have taken notice as 2014 is by all accounts the busiest year for LPs since the Great Recession began. But the biggest changes in our industry have been driven by technical changes themselves to which we are just observers and fortunate beneficiaries. and hasn’t abated.

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Finding a Technical Cofounder

bizthoughts.mikelee.org

BizThoughts Thoughts about business, technology, the web & entrepreneurship About Booklist Contact Nov 15 2011 Finding a Technical Cofounder By Mike Lee Categories: Entrepreneurship , Leadership Since I have a technical background, I get about one offer a month to join some engineering team, or to be a technical cofounder.