On February 22, I had the pleasure of speaking with Douglas Crawford, the associate director of QB3 the California Institute for Quantitative Biosciences in Berkeley –. It was quite exciting to be the first guest on their new podcast, QB3 Bio Entrepreneurship. During our lively hour discussion, I had the opportunity to share my thoughts on the current state of venture capital, my strategies for investing (see the title!), and how entrepreneurs can better . . .
→ Read full post: “Be better, faster and cheaper and if I don’t get cheaper, I don’t invest!”
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 . . .
→ Read full post: Success is 1% inspiration and 99% perspiration
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. . . .
→ Read full post: Entrepreneur’s Perspective, part two: : Frank Richards, serial entrepreneur and former CEO of SmartZIP: The Building of a Company
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 . . .
→ Read full post: Entrepreneur’s Perspective: Frank Richards, Claremont Creek Ventures serial entrepreneur on the importance of partnerships
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 . . .
→ Read full post: Money, motorcycle racing and startups—it’s all about winning and losing, by Sam Coates
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 . . .
→ Read full post: Early payouts to startup execs a troubling trend
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 . . .
→ Read full post: China may “clean the clock” of the U.S. in clean technology
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 . . .
→ Read full post: Entrepreneurs: The End Is Near. Refinance.
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 . . .
→ Read full post: You’d Better Shop Around: Doing Due Diligence on Your VC
John Steuart was a panelist at The Deal’s webcast audio seminar:
Technology Transfer in the 21st Century, on May 12, 2011
(also participating as a panelist – Jeff Jensen, CEO, Fluxion Biosciences Inc. a Claremont Creek Ventures portfolio company)
A recording of the seminar is now available to play online or download through 8/12/2011.
Click here to access the recording. The slides from the webcast are . . .
→ Read full post: Recording of “Technology Transfer in the 21st Century” webcast available