Rules of the VC Game, Part 2: The Size of the Fund Matters

This is the second article in a series of posts intended to provide entrepreneurs and startups with background knowledge about venture capital financing. Many entrepreneurs and startups nowadays are very skeptical about taking VC money, and with good reason.  Not only do you have to worry about the terms of the specific deal, but also your company’s short and long term goals and how well they align, or don’t, with the VC’s financial... Read More

Why Startups Fail

All of us have read the statistics about the percentage of startups that fail (and the even smaller percentage that receive venture financing).  But why is that?  Well, there are two reasons IMHO:  Lack of focus and bad decisions. 1. Lack of Focus. How many times have you sat through a discussion with a friend or colleague who walks you through their grand idea for a new product or service and the story keeps going on and on and on?  The ideas... Read More