Post Tagged with: "VC Industry"

Dear startups, focus on the steak, not the sizzle

Dear startups, focus on the steak, not the sizzle

by May 26, 2016 at 3:50 pm 1 comment

Everything was so much simpler before the Internet. Back then, the VC world was neatly divided into IT and Health Care, and the whole rest of the U.S. economy could go about its merry business without worrying too much about Silicon Valley and the threat of “disruption.” Then everything becameRead More

Race to the Bottom

Race to the Bottom

by May 5, 2014 at 2:12 pm 0 comments

I’d like to think that the vast majority of the investments we make are in companies whose products and services are not commodities, and not subject to the brutal forces of commoditization. In those cases, we are looking at markets where companies can win based on product differentiation, or where what they are doing is […]

Job Creationism

Job Creationism

by December 15, 2011 at 10:49 pm 0 comments

I started my investing career doing leveraged buy-out deals at Bain Capital, working directly for Mitt Romney and his then small group of partners.  I left in 1997 to start my own venture capital firm, and part of my rationale was that I wanted to spend time creating jobs. In the 14 years since then, […]

The End is Near (ish)

The End is Near (ish)

by October 6, 2011 at 9:20 pm 0 comments

  There is an article making the rounds (link:  here) forecasting a drought in late stage fundraising coming soon:  “When? Perhaps as early as three months from now. Surely no later than six.”  As I’ve have written before, I’m always impressed, but somewhat bemused, when people have sufficient confidence in their forecasts to use words […]