Tito's Blog

I spoke with an investor recently who told me that 1,500 deals get funded / year in the US, 80 (5.3%) eventually sell for $50 million and only 8 (0.5%) eventually sell for $150 million or more.

— Is it Time for You to Earn or to Learn? | Both Sides of the Table

Tags: entrepreneurship venture capital

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Jul
6th

Tue

How to Create Your Own Real-World MBA – II

Very good post on angel investing by Tim Ferriss (of 4-hour workweek fame)

Tags: angel investing venture capital

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Jun
21st

Mon

The additions come as the venture-capital industry as a whole has been winnowing its ranks following a decade of lackluster returns. Many firms have closed their doors or been unable to raise big new funds. According to the National Venture Capital Association, there were 6,828 investment professionals in venture capital as of the end of 2009, down from 8,892 in 2007.

— Andreessen Horowitz Expands its Ranks - Digits - WSJ

Tags: venture capital

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Jun
3rd

Thu

The Math Of Angel Investing

Angel investing works with a lot of investments and very few home runs. Home run as in you invest €50k and take out €5 million …

Brad Feld shares a few tips on how to be successful at angel investing. My favorite is the following:

3. Understand the difference between 0x and 100x: I’ve had two of my angel investments return over 100x each. Since I had a strategy of investing the same amount in each company, all I needed was one 100x to allow me to have 99 companies completely flame out and return 0 and I’d still break even. With two investments at over 100x, I now have a built in gain of significantly over 3x across all of my investments since I’m made about 75 of them and I’m now deliciously “playing with house money” on all of the rest.

Tags: venture capital angel investing

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May
16th

Sun

Marc Andreessen talk on entrepreneurship and venture capital at Stanford

Tags: entrepreneurship venture capital stanford marc andreessen

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Apr
30th

Fri

Innovator’s requirements – what does it take to find the product cycle?
So where did Jobs get this “founders courage” and what is it? In addition to general brilliance, we see three key ingredients to being a great innovator:

Comprehensive knowledge
Moral authority
Total commitment to the long-term

Great founding CEOs tend to have all three and professional CEOs often lack them. Here’s why.

— ben’s blog

Tags: entrepreneurship venture capital innovation

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Apr
26th

Mon

Redeye VC: Company Math vs VC Math

Tags: venture capital

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