Thursday, March 11, 2004
0 comments- Looking for venture capital is a lot like dating.
- Don't be afraid to hear no.
- In baseball, seven misses out of ten still makes you an all-star.
- "If you want me to speak for 15 minutes, I'll need a month to prepare. Two hours, give me 15 minutes prep time." Abraha Lincoln
- Your 30-page business plan will get thrown in the trash.
- If this were a chain of restaurants or a new resort on the coast, sure, you're going to place an enormous ammt of importance on rigid, history-based planning efforts. Software or viral web services? No.
- Get me excited. Be informal - but show me empirical evidence. Solid numbers that show impressive stats - (1) number of sessions/user per day, (2) repeat use, (3) pageviews.
- One thing that really got a black eye from the dot-com bust was the the idea that revenue could be generated after a community was created.
- Entrepreneur in Residence programs aren't so bad.
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