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Good riddance to non-competes

OnlyOnce

I love that the FTC just banned non-competes, as everyone expected they would. We started off at Return Path years ago with a standard and fairly benign non-compete because they were standard. Customer and employee non-solicits for a year – no problem. But by and large, I say good riddance to non-competes.

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Praying to the God of Valuation

Both Sides of the Table

I learned to avoid unnecessary conferences, avoid non-essential costs and strive for at least a neutral EBITDA if for no other reason than nobody was interested in giving us any more money. It was a way to make it hard for your competition to compete. Between 2006–2008 I sold both companies that I had started and became a VC.

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Why We Shouldn’t Be In Love With Startups 

ReadWriteStart

All while the majority of the economy is driven greatly by boring industries often owned by private equity, not venture capital. We found most unfunded or under-funded startups unable to compete with larger budgets, backed by some of the most prolific venture capitalists. Startups Can’t Compete With Big Brands.

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Why We Shouldn’t Be In Love With Startups 

ReadWriteStart

All while the majority of the economy is driven greatly by boring industries often owned by private equity, not venture capital. We found most unfunded or under-funded startups unable to compete with larger budgets, backed by some of the most prolific venture capitalists. Don’t try to compete with large brands on their own turf.

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Conference Notes on Sourcing Deal Flow & Developing New Business for Private Equity

David Teten

I enjoyed participating in last week’s Capital Roundtable Private Equity Masterclass on “ Best Practices for Sourcing Quality Deal Flow & Developing New Business ” (May 26 th , 2011). Glickman, Resilience Capital Partners LLC Luke Johnson, Platinum Equity LLC Robert B. View more presentations. Deutsch & Co.

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How to Hire for Sweat Equity…

www.drowningamerican.com

Next → How to Hire for Sweat Equity…. Our application tool will be free and will immediately compete with Peterson’s, Kaplan, Princeton Review, and other smaller players. In the longer term we will compete with social networks and online advertising. We are a startup and this is essential (and non-negotiable).

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Why So Many Small Emerging Managers Don’t Use Placement Agents

David Teten

Greycroft’s results give you a sense of the complexity involved: The firm said it had 515 contacts with potential LPs; roughly 250 passed for various reasons and 100 were non-responsive. Private equity/venture capital managers have a much longer duration than most any other fund type. Fundraising hacks for VC and private equity funds.