Rob Shurtleff (known as his blog as FOO Rob) has a great post up titled Bridges to Nowhere. While this belongs in Fred Wilson’s archive of VC Cliches, it’s a good explanation of how bridges can fail to support a startup.
Today’s great VC blog of the day comes from Matt McCall who writes about The Myth of 51%. As most early stage entrepreneurs know, the notion of “control” is an elusive one that ultimately kicks in when your company starts generating positive cash flow and you no longer need any capital from your investors. As Matt eloquently […]
My partner Seth Levine has today’s VC blog post of the day titled You’re burning too much money. While early stage companies often miss their revenue plan, there’s no particularly good reason why they should miss their expense plan since they have 100% control over it. However, some do, while others set it way too […]
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