Success is 1% inspiration and 99% perspiration

John Steuart

 Keep sweating — it’s good for your venture, and let us help connect you.

by John Steuart Managing Director

During the holidays, I’ve been listening to the biography of Steve Jobs on my iPhone, and I’m reminded yet again that innovation, brilliance and the power to change the world comes often from the most unlikely sources. It is impressive to me how the guts to challenge the status quo, take risks and not stop until . . .
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Entrepreneur’s Perspective, part two: : Frank Richards, serial entrepreneur and former CEO of SmartZIP: The Building of a Company

Frank Richards

Guest Post by Frank Richards The Building of a Company As an avid fan and investor in real estate I identified a significant gap in the residential investment market around 2004. I noted that 15-20% of all homes sold in the US are for investment. But I also discovered that there were no national platforms or proprietary algorithms that could help people identify the best investment markets and the best properties. Essentially there was no Charles Schwab for the residential investment market. I realized there was a great opportunity for a private banking platform to help people research, plan, acquire and manage residential real estate investments nationwide. . . .
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Entrepreneur’s Perspective: Frank Richards, Claremont Creek Ventures serial entrepreneur on the importance of partnerships

Guest Post by Frank Richards

As a Silicon Valley serial entrepreneur, I love building great teams and visionary companies. I feel truly fortunate to have built three innovative companies starting from “the garage”, to taking the company public in the midst of the dot com bust, and to raising a VC round of financing for a real estate analytics firm during the biggest real estate downturn in the history of the U.S. Throughout my journey, I . . .
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Money, motorcycle racing and startups—it’s all about winning and losing, by Sam Coates

John Steuart

Sam Coates is a partner at Cooley, and a great friend and colleague of mine. He wrote this blog post just for us.

 

Money, motorcycle racing and startups—it’s all about winning and losing

Guest Post by Sam Coates

“I like money,” one founder said to me bluntly, in response to my question about what motivates him. I ask every founder this question. Some of them say things such as . . .
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Early payouts to startup execs a troubling trend

Nat Goldhaber

October  9, 2011  source: San Francisco Chronicle, SFGate

 Venture capitalists have long been known to toss the occasional bone to an entrepreneur working 100-hour weeks on a meager startup salary. But we’re talking pay-down-the-mortgage money, not retire-on-a-private-island money. – Nat Goldhaber

 

Early payouts to startup execs a troubling trend

by James Temple, San Francisco Chronicle

An embarrassing e-mail that recently leaked onto tech blogs revealed that Airbnb’s latest venture capital round includes a . . .
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China may “clean the clock” of the U.S. in clean technology

Nat Goldhaber

The United States has embraced clean technology relatively aggressively, but is it enough? In particular, is it enough in comparison to the pace of clean tech development in China?

I addressed this topic September 28 at the AlwaysOn GoingGreen 2011 conference, and the answer is that the U.S. isn’t doing enough. China is much more aggressive than the United States in developing clean technology projects and could dominate clean technology development globally for . . .
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Entrepreneurs: The End Is Near. Refinance.

John Steuart

September 28, 2011  source: Wall Street Journal

All good things, unfortunately, come to an end. The last year or two have been spectacular for entrepreneurs. Investor enthusiasm has been intense, meaning that start-ups had the upper hand and could get financing at extraordinarily generous terms.

But I’m afraid that the curtain is about to fall. All signs point to the imminent arrival of a radically different funding environment. When? Perhaps as early as . . .
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IPOs look dicey, but private equity may pick up some of the slack

Randy Hawks

September 15, 2011  source: Xconomy

For a while, I was optimistic that 2011 would be a good year for venture capital-backed IPOs, and it wasn’t just wishful thinking. There were 72 VC-backed IPOs last year—six times as many as in 2009. The year ended with a bang and 2011 got off to a good start. In the first half of 2011, there were 36 IPOs, right on target for at least a replay . . .
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Tougher venture funding environment ahead; entrepreneurs—get your rounds closed.

John Steuart

Entrepreneurs and venture-backed companies seeking financing in the near term, take notice. The hot market for companies is going to cool off in 3 to 6 months. Hurry up and get your round closed before it gets harder and terms get tougher.

In my 20 years of participating in the venture market both as a VC and an entrepreneur seeking VC funds, VC funding cycles follow the success or lags in the NASDAQ and . . .
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You’d Better Shop Around: Doing Due Diligence on Your VC

Nat Goldhaber

August 2, 2011  source: this post appeared originally at Xconomy

For a first-time entrepreneur, dealing with a venture capitalist can involve an equal mix of excitement and apprehension. If the VC has any sort of reputation or prominence, entrepreneurs are often grateful simply to be pitching their idea in the first place. Should discussions get far enough along that a term sheet is offered, a new entrepreneur is usually thrilled beyond words.

Those . . .
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