Founder Insight 8/25/2010
TheFunded.com Open Letter
Posted by Marc Huey on 2010-08-25
Found Across The Web:
Characteristics Of A Winning Team [Founder Insight]
Jeff Bussgang touches on the importance of teams when VCs invest. Of note, after rigorous analysis, “the single most highly correlated factor” amongst winning teams was “if the team had previously been successful and made money as a team, they were significantly more likely to be able to do it again.” - Jeff Bussgang
Politics In Your Company [Founder Insight]
Ben Horowitz writes a detailed piece on how politics, the way “people advance their careers or agendas by means other than merit and contribution,” can affect the work place. Horowitz further delves into techniques to minimize politics with three lessons: “Hire people with the right kind of ambition, Build strict processes for potentially political issues and do not deviate, and Be careful with ‘he said, she said.’” - Ben Horowitz
Q3 Venture Capital Numbers [Founder Insight]
peHUB briefly reported on Q3 investment numbers by venture capitalists. Q3 of 2010 lists venture capitalists investing $2.44 billion compared with venture capitalists investing $2.56 billion in the same quarter of 2009. The dollar value may be comparable, but the number of companies invested in Q3 2010 was only 263 compared with 365 companies in Q3 2009. - peHUB
Great Discussions on TheFunded:
Debt Financing To Launch A Startup - If deciding between venture funding and debt financing, this discussion offers many caveats to consider when taking upon debt financing. Though it is not uncommon for a startup to structure their first round of investment as a convertible note, the responsibilities and terms are quite different from venture investments.
Major Events:
BizTechDay
Date/Location: Sep. 28th – Seattle / Sep. 24th – New York / Oct. 23rd – San Francisco
Description: BizTechDay is a event where inspiring entrepreneurs share impactful business idea sand technology strategies. It is where you will meet someone who will change your business.
Founder Showcase - 50% Off Pre-Sale Tickets
Date/Location: October 21, 2010 – Mountain View, CA
Description: See pioneering "super angel" Mike Maples Jr., and pitches from 10 promising start-ups at the 5th Founder Showcase - Silicon Valley's premier startup pitch and networking event. Use code 'showme' to get 50% off tickets before 8/29.
FailCon 2010
Date/Location: October 25, 2010 – San Francisco, CA
Description: At FailCon, join over 400 founders, investors, executives, developers, service provides, and press as we share tips and tools to avoid, prepare for, and recover from the most common startup mistakes. Get 10% off with the code '10Founders'
