Category

Entrepreneurship

The Long Lost Myth of Capital Efficiency

I miss capital efficiency. It seems like you were our best friend just yesterday. Were you a myth? A lie? A justification by VCs to explain away their lack of capital to invest? A rationalization by entrepreneurs to explain away their inability to raise capital? Do you remember all the blog posts about how companies needed…

Cash Policies for Startups

I heard a rumor on a call the other day that some startup companies are starting to keep balance sheet cash in higher yield instruments such as corporate debt. This is apparently becoming trendy again as private companies do $25m+ rounds and end up with a bunch of cash on their balance sheets. This scares…

The Full Day Quarterly Board Meeting

I’ve been to a gazillion board meetings. I’ve written a lot about them including a book called Startup Boards: Getting The Most Out of Your Board of Directors and piles of board meetings posts on this blog. I still do a lot of them, but I’ve definitely been on a quest the past few years to…

2430 Denmark, Garland, Texas

As Sean Wise and I roll through the Canadian edition of our tour for our latest book, Startup Opportunities: Know When to Quit Your Day Job, we’ve been talking a lot about the starting point of one’s entrepreneurial journey. I’ve talked about mine intermittently but was reminded recently about a summer that really started me down the entrepreneurial path. Anyone…

Mexican Food and Entrepreneurship for Lunch in Dubai

Amy and I are spending the week in Dubai on the annual Wellesley Art Trip. I’ve been doing some of the art stuff, visited one of our LPs, and have been getting together with local entrepreneurs and investors. Yesterday, I had a magnificent two and a half hour lunch with three guys from BECO Capital – Dany…