Silicon Valley – Respect!

The hype around “Silicon Valley – no longer the place to be!” seems to be everywhere in some form or another nowadays.  Whether it’s in the news or some high profile former valley exec (who, by the way, probably loved the valley at some point because it helped them get mega-rich!), they are all touting the challenges associated with doing business not only in the valley but California too – and, in some cases, doing business in the USA in general!  Fair argument… let’s see if we can break this down… Continue reading “Silicon Valley – Respect!”

The Power of the Network!

The “Social” Network (no reference to the movie!) is, and will always remain, the most powerful yet most underutilized network known to mankind!  And today, more than ever before, it’s become the most important network you need to actively participate in!  It not only has tremendous utilitarian benefits but its new social benefits are incredibly persuasive in this digital age.  Nowadays, the more people you know, your ability to influence becomes greater because you have a semi-captive audience that’s ready to listen.  Think about it… who’s potentially got more leverage – the person with 100 Facebook friends or the one with 5,000?  As the world becomes flatter, your ability to stand out from rest of the pack becomes more challenging and requires a new strategy and subsequent tactics.  Ultimately, it’s up to you to decide – do you want to be a big fish in a small pond or a whale in that same small pond?  I don’t know about you, but you can call me Orca! Continue reading “The Power of the Network!”

So you want to be a VC, eh? (Part 3)

If you take but one thing away from these posts, let it be this:  venture capital is a tough business to get in, be in and stay in. During 2009, the VC industry continued the downsizing that became very visible in mid-2008.  While the global economic issues that surfaced in 2008 (e.g. banking meltdown, subprime market, global economic recession) accelerated the decline and definitely added stresses to the industry, this resizing is a function of the technology bubble bursting several years earlier – also known as the “dot com to dot gone” era.  With many firms that raised money during the bubble unable to raise new funds at this time, a further decline in the number of firms is likely.  While fund raising and investment entered a new range, IPO activity remained at a mere trickle and the acquisition exit marketplace declined both in quantity and quality. Continue reading “So you want to be a VC, eh? (Part 3)”

So you want to be a VC, eh? (Part 2)

So, you still want to be a VC, eh?  I don’t blame you… besides the challenges getting started, venture capital is exciting and provides a level of exposure, both technologically and business-wise, that is hard to match.  And look at some the new friends you get to make… Mark Zuckerberg (Facebook), Marc Pincus (Zynga), Reid Hoffman (LinkedIn), Biz/Ev (Twitter)… you get the point. Continue reading “So you want to be a VC, eh? (Part 2)”

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