"How do you know if a founder can scale into the long term “permanent” CEO of the company? Well I don’t think you can know that when you make your initial investment unless the founder has done it before. We have plenty of those situations (successful serial entrepreneur CEOs) in our portfolio and frankly they are easier deals to do. But when you are backing a young, and most likely first time CEO, then you really don’t know if they can drive the car all the way to the finish line."
Thursday, August 21, 2008
The Human Piece Of The Venture Equation
Startup Fundraising According to Paul Graham
by Ben Yoskovitz
"Raising money for the first time alone is almost impossible."
"First-time entrepreneurs need active mentors and advisors who can walk them through the process. Heck, let’s call it what it is — hand-holding. There’s no shame in that and without it your likelihood of success is significantly lower."
Monday, August 18, 2008
Before You Go Into Business With Family or Friends
By Jean Murray | About.com
"You have heard horror stories about working with family and friends, but you are sure it will work out. But you wonder what you should to to make sure you can work together in a business without destroying that relationship. Here are some tips:"
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