suking

32 ms·

211.
by suking 15y ago
YPO is awesome, join when you can :-). Nice write-up.
212.
by suking 15y ago
Gotcha. I think if you take the avg fund size divided by # of partners the avg partners gets $30-40mm of a fund. So management fees alone are in the millions for showing up to work. Seems a bit high with no track record. Maybe a better mode
213.
by suking 15y ago
I don't mean their performance - I mean that relatively speaking I have found Boston VCs to be bigger assholes than CA or NY VCs. For example, one Boston VC said our company was too soon and if there was any way to help let him know. So I d
214.
by suking 15y ago
The simple way around that - if you still want Foundry - is to get multiple term sheets and play them off each other. VC firms are like the Blue Angels - they'll follow each other into the ground if one of them leads them that way.
215.
by suking 15y ago
They can't get out of the way of their own egos (imo).
216.
by suking 15y ago
Seth and the Foundry guys are so awesome and helpful. I think there is a direct correlation to how accessible and helpful a firm is even if they don't invest and how well their fund is doing. I believe the former gets them the deal flow the
217.
by suking 15y ago
Are there any standard tutorials on what to turn on/off? I tried eclipse and found it so damn slow and buggy I never returned - that was a while ago - maybe it's better now...
218.
by suking 15y ago
I wonder if some of this has to do with guys like Fred Wilson really evangelizing the tech scene there. Most Boston VCs are just plain a-holes imo.
219.
by suking 15y ago
I think we're already at that point unfortunately.
220.
by suking 15y ago
To be fair (and I didn't read the link above) - some of these low taxes may be due to losses from previous years. Not to say they aren't abusing international tax havens... but who wouldn't to save hundreds of millions?
221.
by suking 15y ago
I suspect some googlers are going to have a long night :-).
222.
by suking 15y ago
Most VCs are sheep and follow trends. They see stuff being pimped out on TC hardcore and think they're going to miss out. I think QWIKI & QUORA are 2 big example of that. Hopefully they prove me wrong and are wildly successful, but not
223.
by suking 15y ago
I had this choice as well (HBS or start company)... last company grew to 100+ people, learned stuff HBS will never teach you. If you want to be an entrepreneur 100% then be an entrepreneur. If you want to do VC, IB, consulting, C-level exec
224.
by suking 15y ago
Mission Accomplished.
225.
by suking 15y ago
New England VCs have been some of the most difficult people I've talked with. SV and regional VCs have been much friendlier/easier/helpful. So saying they won't let another big one get away... they need to change their attitude for the most
226.
by suking 15y ago
not even close: how a $60 bottle of scotch got me an intro to someone who in turn invested 2mm. there, my first blog post is live.
227.
by suking 15y ago
Maybe one day, too busy now and I don't really enjoy writing. Have some good stories though. I'd probably start with "How I turned a $60 bottle of scotch into $2mm".
228.
by suking 15y ago
Not understanding your (potential) customers is often mistake #1. We spent 2 months talking to potential customers before writing a line of code and now have 1,000+ in a fairly small niche.
229.
by suking 15y ago
I'm crackin' up, where did you come up with this idea?
230.
by suking 15y ago
namecheap
231.
by suking 15y ago
Feel free to ask it here.
232.
by suking 15y ago
If you have to ask you aren't cut out to make that type of website. I've found most CEOs to be pretty accessible.
233.
by suking 15y ago
Seeking Freelancer UX/UI Design - Please reply with your email or method of contact and I'll get back to you. 10-20 hrs/week. Photoshop + HTML/CSS.
234.
by suking 15y ago
They're RAISING $1bn, not a 1bn valuation. More like 15-20bn val.
235.
by suking 15y ago
Supply & demand during road show - the IB running it will price it, sometimes the day before a la LNKD.
236.
by suking 15y ago
Another favorite line is, "You're a bit early for us" and ask you to keep them updated. AKA if you start to explode they'll open their checkbook.
237.
by suking 15y ago
Corporations elect them, duh.
238.
by suking 15y ago
Or maybe they had no real interest at all and were instead making a big PR game out of it to get the others to spend more than they would have?
239.
by suking 15y ago
Nice
240.
by suking 15y ago
At a proposed valuation of $15+bn I really really hope they are doing something like $1bn in revenue or this is just not going to end well.

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