There I was, minding my own business on Sunday afternoon, when someone decides to rope Indie.vc (and by default, me), into the…
I heard from a friend this week that their company was shutting down and, frankly, I was shocked. I…
Since becoming the High Priest of Profit, the Reverend of Revenue, the Bishop of being in the black, I’ve opened myself up…
Seth Godin has a recent post titled “What if scale wasn’t the goal?”.
I’ve posted the entirety of it below:
From restaurants to direct mail, there’s pressure to be scalable, to be efficient, to create something…
About 5yrs ago the team at Basecamp (fka 37Signals) stopped editorial work on a section of their site they…
“One of the problems with raising money is it teaches you bad habits from the start. If you’re an entrepreneur and you have a bunch of money in the bank, you get good…
“It’s not venture scale”.
“It can’t get to venture scale”.
“It will never be venture scale”.
In my experience as an investor over the last 15yrs, this is far and away the most used reason for investors to pass on making an…
A harsh reality of modern entrepreneurship is that most founders have never worked for a profitable company.
For first time founders leaving engineering or product manager roles at large, profitable tech companies, many have never touched the monetization efforts…
Unicorns and venture capital go hand in horn. Or so the story goes.
Have a billion dollar idea, raise a little bit of money, show a little traction, raise a lot more money.
On a warm spring night, as the sun was setting along the Pittsburgh skyline, Jay Fanelli and Nathan…