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How groupthink and denial can ruin startups

The Next Web

Investor and 500 Startups founder Dave McClure offered TNW a few of his thoughts. Not one to mince words, Apple cofounder Steve Jobs was a stickler for focus. One of The Social Network’s most memorable lines is when actor Justin Timberlake utters the words, “A million dollars isn’t cool. Groupthink.

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This Week in VC Episode 6 with @Jason Calacanis: Best One Yet

Both Sides of the Table

StackOverflow – We both have a love fest for Joel Spolsky who also co-founded Fog Creek Software. 5mm in Series A – Investors: GRP (Mark Suster)(lead), Greycroft Partners (Dana Settle), and Matt Coffin (founder of LowerMyBills) – Read more: TechCrunch , SoCalTech. DEAL OF THE WEEK.

Stealth 285
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Vikido Launched Social Network and Web Browser for Parents and Kids

VC Cafe

It hopes to be more than a user generated content site, by aggregating movies, games, recreational and educational activities from sources that were deemed safe for kids, operating on a Freemium model – offering free access to basic content and charging for premium media access.

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How Private Equity and Venture Capital Investors Are Eating Their Own Dogfood

David Teten

Advances in machine learning, specifically natural language processing, have made generating these baseline, aggregate datasets possible, at scale, with high accuracy. Relationship Science makes it easier to understand and map social networks into potential limited partners. Pitchbot.vc 3) Originate investments.

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Groupon's S-1: From Zero to Like? Billions in 30 Months ? AGILEVC

Agile VC

Even for those who don’t care to dive into the numbers, it’s worth a quick glance because co-founder/CEO Andrew Mason wrote a letter which forms the preamble of the full document. I co-founded NextView Ventures , a seed-stage VC firm based in Boston, in 2010. Financial Snapshot: 2010 Revenue: $713M. Read More ».

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VCs eating our own dog food: Using technology and analytics to make better investments

David Teten

To learn more about this space, I suggest join an online community I co-founded, PEVCTech. . Tim Friedman, Founder, PE Stack , said, “If I could offer one piece of advice to today’s managers, it would be to take the time to understand the demands of the modern institutional LP. The 11 Steps of Investing in Private Companies.

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90 Things I've Learned From Founding 4 Technology Companies

betashop.com

Before there was Fab there was fabulis, a social network meets places guide targeted to the gay community. When we pivoted from fabulis to Fab, from gay social network to design, we made the decision within 10 days to focus exclusively on our new One Thing, and we set a rule that not one person on the team could still do the old thing.