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Book: The Business of Venture Capital

Feld Thoughts

Today’s book recommendation, for anyone interested in venture capital, is The Business of Venture Capital: The Art of Raising a Fund, Structuring Investments, Portfolio Management, and Exits by Mahendra Ramsinghani. He was investing in Detroit and eager to write a book about the art and science of venture capital.

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A Venture Capital History Perspective From Jack Tankersley

Feld Thoughts

In January, Jerry Neumann wrote a long and detailed analysis of his view of the VC industry in the 1980’s titled Heat Death: Venture Capital in the 1980’s. Michigan Cottage Cheese: Yoplait Yogurt. None of these companies fit Mr. Neumann’s definition of the era’s venture deals and each generated returns we would welcome today.

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Why The Government is Isn’t a Bigger Version of a Startup

Steve Blank

As there was no venture capital, these early startups were funded by early sales to weapon systems prime contractors and subcontractors. Within a decade, the rise of venture capital in Silicon Valley enabled startups to find commercial customers rather than military ones.

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One Hand Clapping – Entrepreneurship In Ann Arbor, Michigan

Steve Blank

I spent a few days in March in Ann Arbor Michigan as a guest of Professor Thomas Zurbuchen , Associate Dean for Entrepreneurial Programs, and Doug Neal , Director of Center for Entrepreneurship in the Engineering School at the University of Michigan. Venture Capital ; met with the local hardware/software venture capital firm.

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The Venture Capital Secret: 3 Out of 4 Start-Ups Fail

online.wsj.com

SIGNIFICANCE PROMINENT. --> The Venture Capital Secret: 3 Out of 4 Start-Ups Fail. An entrepreneur with a hot technology and venture-capital funding becomes a billionaire in his 20s. The National Venture Capital Association estimates that 25% to 30% of venture-backed businesses fail. NAME David Cowan.

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Innovation, Change and the Rest of Your Life

Steve Blank

I lived through the time when working in my first job in Ann Arbor Michigan we had to get out a map to find out that San Jose was not only in Puerto Rico but there was a city with that same name in California. Venture Capital used to be a tight club clustered around formal firms located in Silicon Valley, Boston, and New York.

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Jason Returns to the 313 for Startup Grind Detroit on April 5th

Feld Thoughts

In case you don’t know about Jason, prior to co-founding Foundry Group, Jason was a co-founder of SRS Acquiom and a Managing Director and General Counsel for Mobius Venture Capital. from the University of Michigan. Prior to this, Jason was an attorney with Cooley. Early in his career, Jason was a software engineer at Accenture.

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