Tag

VC

Why VCs Should Recycle Their Management Fees

I’m an investor in a bunch of VC funds. Some of them recycle their management fees; others don’t. I’ve never really understood why funds don’t recycle their management fees. Understanding what “recycling management fees” means is a fundamental part of understanding the economics of a venture firm. Here’s how it works. Let’s assume a $100…

Learn Everything You Need To Know About Venture Capital in 90 Minutes

My partner Jason and our dear friend Professor Brad Bernthal are attempting to teach everything there is to know about the venture ecosystem in 90 minutes on January 28th.  The link to the event is here. Now realistically, you won’t learn everything, but they have been teaching a class on the subject for the past…

I’m A Talking Rubber Duck

Phin Barnes at First Round Capital just nails it today with his post To get the most out of your investors, turn them into rubber ducks.  Go read it – I’ll wait and will be here when you get back. I love Rubber Duck Debugging. I use this approach when writing, which I call “Writing with…

The Reputational Damage of Non-Responsiveness

VCs love to say things like “we are entrepreneur friendly.” It’s trendy, catchy, and looks good on a blog post. But, as I’ve said in my post Your Words Should Match Your Actions, one can “damage their reputations by having their words not match up with their actions.” Now – this post isn’t about responding to…

Your Words Should Match Your Actions

Over the past few months I’ve watched several powerful and successful VCs and entrepreneurs damage their reputations by having their words not match up with their actions. I think this is especially true in the context of a long term relationship. This is a deeply held value of mine and of my partners at Foundry…