Thursday, January 20, 2011

Mock Pitching Brad

Tomorrow, Friday, at noon I will be mock pitching my friend Brad Hargreaves at General Assembly: five slides, five minutes. I am going to conclude by yelling, "Brad, show me the moneeeeeey!" Or maybe I will not yell, he is a friend, but I w-i-l-l deliver the line.



Why did I pick Brad? Well, he is a friend. He is an amazing blogger. He "gets" tech. He is an entrepreneur at heart, although he has worn a few different hats along the way. When I first met him he was an Entrepreneur In Residence at a VC firm.

Wednesday, January 19, 2011

The Best Way To Deal With Venture Capitalists

An assortment of United States coins, includin...Image via WikipediaVCs are money people. And many entrepreneurs fall for that stereotype. VCs are not rich people - well, many are - but my point is VCs are not big money people who are itching to get rid of the money that is, oh, such a burden on them. VCs are entrepreneurs themselves. They go raise money. They raise money promising to grow that money. The good ones do. The best ones grow the money like money were raining from trees. If you put that first 100K into a company like Google, you see a growth that is better than any winning lottery ticket ever.

There are many, many VCs out there. There are many, many, many would be tech entrepreneurs out there. As an entrepreneur you should not need money. You should be able to generate revenues and profits.

Top VC Bloggers: The Numbers Don't Look Right


TechCrunch has an interesting post: The Top 20 VC Power Bloggers Of 2010.

It's good to see Fred Wilson, Brad Feld, Chris Dixon, Charlie O'Donnell, and Albert Wenger on the list. These are people I have met in person or, in Brad Feld's case, interacted online. Of all the people on the list, I personally know Fred Wilson best, either in terms of how often I visit their blog and leave comments at their blog, or in terms of how many times I have met in person.

Tuesday, January 18, 2011

Kiva And My Outfit: Three Major Departure Points

Image representing Kiva as depicted in CrunchBaseImage via CrunchBaseI am a huge fan of Kiva. They went from raising $5 million five years ago to raising over $100 million last year and are projected to raise close to a billion dollars in five years. But that would still be a drop in the ocean. Global poverty is no small challenge.

There are more than 10,000 MFIs - microfinance institutions - in the world today. But global poverty is as big as ever. It looks like a virgin terrain to me. There is so much work to do.

Going For Profit



Yunus is the father of non profit microfinance. When the white people in the Arctic Zone of Scandinavia awarded him the Nobel Peace Prize, he made a little over a million dollars.