article thumbnail

What Makes an Entrepreneur? Cojones (7/11)

Both Sides of the Table

A caller dialed in to ask us questions about his startup. He was from South America but living in Switzerland and had launched a startup while holding down a day job at a consulting firm (McKinsey if memory serves). He wanted to raise angel money. I was recently on TWiST with Jason Calacanis. I told him to quit his job first.

article thumbnail

The Corrosive Downside of Acquihires

Both Sides of the Table

For the past 5 years or so Google, Facebook and a handful of tech industry giants have been quietly buying scores of early-stage startups for their talent. And to keep up with the Jones’s it seems that Yahoo! Almost certainly the startup would have raised some capital. Let’s assume $2 million in seed money.