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Being a VC is all about learning to invest in companies that are fulfilling a market need in an innovative way (Ok, part of it is about identifying management teams that know what they’re doing but I’m ignoring that part for now). How does one go about the skill of identifying the types of technologies that will hit it big? Both of these give you practice doing a structured analysis of technolog
The technology bubble popped a decade ago, but the venture-capital industry that helped finance the boom stayed largely intact. Now venture-capital firms are going through their own brutal culling. Venture firms are struggling to raise new cash, hampered by poor investment returns and a difficult economy. Last year, 125 venture funds in the U.S. collected $13.6 billion, down from 203 funds that r
A new book persuasively argues that extraordinary intelligence and talent are not genetic gifts. David Shenk's new book, "The Genius in All of Us: Why Everything You've Been Told About Genetics, Talent, and IQ Is Wrong," is 300 pages long, and more than half of those pages are endnotes. You need to offer up a lot of evidence when your goal is to overturn a concept as commonplace as the idea that
The Smartest Unknown Indian Entrepreneur is what Forbes called Zoho's co-founder, Sridhar Vembu. He's become a little less unknown since that article came out, but when it bubbled to the top of Hacker News recently I read it I wanted more details about how he bootstrapped Zoho into a profitable online application provider. So I invited him to Mixergy to tell us the story of how he built his compa
Team Europe Ventures, the Berlin-based VC firm, has launched a new €6 million fund for early stage startups in the Internet and mobile Internet space. The fund is mainly targeting companies in Germany and Europe, but also in the USA, and the focus will be on the seed stage, with 4-5 startups being invested in per-year for a maximum of €500K per company.
I spent a bunch of time in New York City last month, including extended hobnobbing with local VCs and entrepreneurs. One thing I heard over and over again was how the locals would soon leapfrog Boston in terms of entrepreneurial activity and venture capital funding — positioning themselves in the coveted runner-up position behind perennial leader Silicon Valley.The sentiment was fueled by a varie
Canada isn’t shy about making life difficult for startups, and we’ve had one or two personal brawls with the country as well. But a change in Canadian tax law last week is designed to spur U.S. venture investments in Canadian startups and make Canada less of a leper colony for tech entrepreneurs.The change allows foreign investors in most Canadian startups to avoid “literally hundreds of pages of
Several friends have told me angel investing is not a good way to make money. If you can do the YC/Ron Conway strategy that is one thing, and if you just want to give back that's another, but doing it at my level is a waste of money.I do want to give back, but I also want to make money with my angel investing. So I've been thinking a lot about strategies to employ to fulfill both goals. To that e
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