A VC in Vacationland
Seeking the next gen supply chain technology breakthroughs
recent posts
- The Role of Generative AI in Supply Chain Investment Strategies
- AI’s Impact on Supply Chain Investment Strategies
- The ‘New Normal’ is now the ‘No Normal’ in Supply Chains
- SRR—Sustainability, Resilience, Risk Management: The Latest Supply Chain Buzzwords & Investment Opportunities
- 3PLs–Investing in the Next Generation of Outsourced Supply Chain Solutions
about
Category: Managing start-ups
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I get asked this question a lot. Here's a short list They keep their promises–like taking their prorata and/or leading subsequent rounds They provide strategic value–introductions to other investors, potential clients and channel partners They keep their nose out of the operational side of your business–they focus on helping you define the right strategy for…
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Want to set up a startup board? Want to serve on a start-up board? Make sure that the company does not have any of these skeletons in their start up closet. I am no lawyer, but have paid lawyers plenty for advice on these subjects, often after the fact. Be sure and check with your…
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'There's nothing more dangerous than an idea if it's the only one you have' fortune cookie .. I was eating out the other night–the same night I got food poisoning before my flight to SF–and unlocked the above fortune in my cookie. It made me think about entrepreneurs and success, and how a good to…
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That was fast! I mean life! Ron Padgett poem This interesting poem (that's it–six words total) got me thinking about the 'life' of startups and how to understand the various stages of birth, growth, maturity and (gulp) death. Well managed startups run in the fast lane for sure and delaying necessary transitions from one stage…
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I was driving home through a pretty fancy suburb of Boston today when a beggar approached me at a traffic light holding a sign saying "Fallen on Hard Times". I gave her some money…I'm a sucker for beggars, especially grandmothers. Don't tell my wife–I'll be berated…again…for giving money to homeless people. It got me thinking…
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There are many similar quotes, such as 'we made the road as we walked', or the Australian Aborigines "singing the earth alive' as they walked their roads. The phrase is very appropriate for the startup world, as I was reminded the other day, speaking to one of my CEO's. The company is on a fast…
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I get asked all the time to recommend accountants to startups. The first thing I recommend is to get/keep your finances in order so that the accountant doesn't have to charge you an arm and a leg to straighten it all out. For those interested in outsourcing the all or part of the accounting process,…
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Culture is the unofficial set of rules by which your company runs. It exists whether or not you consciously establish and work on it. It's there…everyday…staring founders in the face. And many do not have any idea what culture actually is in their company. So lets start with the basics: Find out what your…
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I often get calls from people (I don't refer to them as entrepreneurs, for reasons explained below) wanting to know how much their idea is worth. "Oh", they say, "I am not interested in working hard to make it happen, I just want to sell it to someone and reap a fortune." Good luck, I…
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My founders are often overly concerned and troubled with the concept of 'competition'. That's when I tell them to respect all, but fear none. Why? First, you can never really know who the 'competition', however defined, might be. Is it one of the global giants, a company from China, or a new start up? One's…