Keeping your perspective that your venture is but one part of a larger, more complex market is essential to success. Understanding your company’s position and value in the supply chain allows you to make the correct decisions about what power you have in a...
“Stop this company before you develop its product – you have already wrecked your equity allocation and cap table with your handshake deals. Find another company to build.” (He did.) “This is a fine company but it is a “back-bedroom” lifestyle business. It will make...
There was a repeated focus on capital control by entrepreneurs at Digital Hollywood’s Venture Capital panel in Los Angeles which I chaired a couple of weeks ago http://bit.ly/cpbI4w . Trends still tight Economic trends are still tight for entrepreneurs, and also for...
“If A equals success, then the formula is: A=X+Y+Z. X is work. Y is play. Z is keep your mouth shut.” Albert Einstein I love this quote. It doesn’t, of course, offer any mathematical values to X or Y or Z, but it could imply that they come in equal measures. The...
I was working with one of my favorite clients the other day, when I heard myself tell him, “Absolutely – your must be trustworthy, your must offer full disclosure, and never let anyone darken your reputation – you know, loyal, helpful, kind – all that.” I realized...
