Category

Entrepreneurship

Silicon Valley – Religion, Operating System, or Something Else?

Earlier this week I wrote a post titled The Religion of Silicon Valley. It was intended to be provocative and exploratory. The comments were great and helped me think through this concept more (note: the comment counter is broken on the main page due to a plug-in conflict – we are trying to figure it out….

The Board Operating System

In the comments to my post yesterday titled The Religion of Silicon Valley, Rosey commented that the choice of metaphor could be “operating system” instead of religion. “Brad, I expected your choice of metaphor would be ‘operating system’ more than ‘religion’, as the term ‘religion’ carries a lot of baggage and generally involves some supernatural…

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…