VCs, Dipshit Companies, And Super Angels

There’s been a predictable furor over the brewing feud between super angels and VCs, especially with folks like Mike Arrington fueling the fire by quoting a VC as saying, “An entire generation of entrepreneurs are building dipshit companies and hoping that they sell to Google for $25 million.” While I’m sympathetic to both sides (I … Continue reading VCs, Dipshit Companies, And Super Angels

Raising Venture Capital: A Primer for 1st-time Entrepreneurs

A lot of the young entrepreneurs I work with ask me about raising venture capital. I usually paraphrase Churchill’s famous quote about democracy–venture capital is pretty much the worst form of financing…except for all the others. Venture capital isn’t a bed of roses for entrepreneurs, but it’s usually the best option available. The following is … Continue reading Raising Venture Capital: A Primer for 1st-time Entrepreneurs