REAL TIME VC & PRIVATE EQUITY DEALS AND NEWS
“I’m appalled at # startups who say “we’ve spent nothing on mktg; our cust acqstn is entirely organic” — aka, “I’m a marketing retard”.” Dave McClure, Founder 500 Startups (stolen on Twitter)
“Wouldn’t we be a bit hypocritical if we talked with entrepreneurs about innovation and change but we weren’t willing to take it on ourselves?” Mark Suster, General Partner, Upfront Ventures, explains the reasons behind the rebranding of GRP Partners speaking about the vc industry, which has been too closed-door and secretive (read here his entire post […]
“I don’t understand why he said that. The business has been around a long time. People like to say that Queen Isabella was a venture capitalist, because she put the money into Columbus to get him to go bring back treasures” Bill Draper, Venture Capitalist, comments Fred Wilson’s assertion that in 25 years the venture capital […]
“…Raising money is not success. Raising money is a responsibility that opens up new opportunities“ Jason Goldberg, Fab, Founder and CEO, tells the story behind the $150m financing (read here his entire post on his blog Betashop) FinSMEs 20/06/2013
“Before having laser surgery I wore glasses for 10 years. And I am never going back to wearing glasses“! Laurent Drion, VC, Founding Partner, E-Merge, answers my questions on Google Glass as an opportunity to invest in (read the entire interview here) FinSMEs 14/06/2013
“None of us ever expected to face a day like today, especially when so much of our culture has been about growth. But I think we all know this is necessary to move forward“. Mark Pincus, Founder and CEO, Zynga, in the note to employees outlining a reduction in force of approximately 520 employees approximately […]
“Automattic is healthy, generating cash, and already growing as fast as it can so there’s no need for the company to raise money directly” Matthew Mullenweg, Founder, Automattic, commenting the $50m secondary investment from Tiger Global Management (continue to read here) FinSMEs 26/05/2013
“a “startup” is a company that is confused about 1) what its product is, 2) who its customers are, and 3) how to make money. As soon as it figures out all 3 things, it ceases to be a startup and then becomes a real business. Except most times, that doesn’t happen.” Dave McClure, 500 […]
“Fuck yeah” David Karp, CEO of Tumblr, commenting on its blog the sale to Yahoo! (read here) FinSMEs 20/05/2013
“We promise not to screw it up” Marissa Mayer, Chief Executive Officer, President and Director, Yahoo!, speaking about the acquisition of Tumblr (read here) FinSMEs 20/05/2013
“Failure is sometimes the best option if you view the process of entrepreneurship as a lifelong journey“ (continue to read here on FeldThoughts) Brad Feld, Managing Director Foundry Group, Startup Book Author, FinSMEs 20/05/2013
“Execution is often 90 percent of the success of a company and in a world that gets more transparent every day, execution will become even more important down the road“ Oliver Samwer, Co-founder, Rocket Internet and Global Founders Capital from Venture Village (read here) FinSMEs 26/04/2013
“..for ~13 consecutive minutes earlier today, no tech reporter or VC wrote or tweeted a goddam thing about Bitcoin“ Dave McClure, Founder, 500 Startups (stolen on Facebook) FinSMEs 15/04/2013
“While the department head might control the budget and the ultimate go / no-go decision on your product, there is often a more junior person working for her that does a lot of the analysis, makes recommendations and in other ways subtly influences the outcomes. In sales parlance we often call this person the influencer. […]
“….But even in dark times, every problem has a solution. And we are going to find one”. Simon Dawlat, CEO, AppGratis (read here the complete story of AppGratis pulled from the App Store) FinSMEs 11/04/2013