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Leadership is More Than a Memo

Steve Blank

Chasing deal flow has resulted in many VCs leading the race to the bottom in startup ethical behavior. Ben Wegbreit, the VP of Engineering (one of my mentors and then co-founder of Epiphany), broke his foot skiing just as the company started. And how long would the change in engineering dress take? The next day?

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Steel In Their Eyes – Why VC’s Should Be Startup CEO’s

Steve Blank

None of that can compare with being the CEO of a startup facing a rapidly diminishing bank account, your best engineer quitting, working until 10pm and rushing to the airport and catching a redeye for a “ Hail Mary ” close of a customer, with your board demanding you do it faster. People skills. People skills. Fund raising skills.

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On Funding?—?The Denominator Effect

Both Sides of the Table

You’ll find engineers out of MIT, Stanford, Harvard, UCSD, Caltech or execs out of UCLA, Spelman, NYU, etc. So my advice boils down to these simple points: Make sure you see tons of deals. Don’t rush to do deals. to start their next company. You need to develop pattern recognition for what truly exceptional looks like.

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The NextView Ventures Manifesto

View from Seed

For example, in the case of one recent company that we’ve been working with for the last 7 months, we have sourced half of the new team members for the company, including their CTO, head of marketing, head of customer success, and a talented senior engineer. Belief #4: The Best Way to Spot Outliers is to be Thematic.

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Is gust.com a difficult platform to replicate?

Gust

As such, creating a functional clone of Gust (including all the features under the hood, and ones that have not yet been released), using world-class engineers and state-of-the-art, 2012 project management in Ruby on Rails, would take roughly 20 person-years from soup to nuts (figure about 1/3 of that in product/UX/UI and 2/3 in actual coding.)

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How to Scale a Venture Capital (or Private Equity) Fund

David Teten

The firm attracts deal flow by promising a decision (positive or negative) in under 2 weeks, with minimal paperwork and without repeating due diligence. engineers, designers, business developers). Typically they get cofounder common equity, in addition to the preferred stock that a conventional VC gets.

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

David Teten

My colleagues Sebastian Soler , Steven Greenberg and I recently launched a new online community, PEVCTech.com , exclusively for PE/VC investors; engineers who work at PE/VC funds; and other technologists who specialize in working on this problem. 4) Manage deal flow. VC Firm. $ Tech % of workforce. Google Ventures (GV).