What Is Strategy?
My post on Product>Strategy>Business Model got a lot of comments and other reactions out there on the social web and from that I realized that many confuse strategy and tactics. And so I thought I would attempt to define strategy [...] Read more
MBA Mondays: Sales Leads On A Small Budget
So today on MBA Mondays we are going to talk about something useful - Generating sales leads on a small budget. Every startup that wants to sell something runs into this challenge. I asked Russell Sachs, who runs sales for [...] Read more
Product > Strategy > Business Model
One of the mistakes I see entrepreneurs make is they move to business model before locking down strategy. The way I like to think about this is get the product right first, then lock down the strategy of the business, [...] Read more
Success Has A Thousand Fathers
Back in the early days of AVC, I did a thing called VC Cliche Of The Week. There was an RSS feed of all of them powered by Delicious, but it is broken and most likely can't be fixed. You [...] Read more
You Can Do Too Much Due Diligence
It's Monday, time for another lesson I've learned in the venture capital business. Today I will tell a story that I love telling. It has some of my favorite people in it. Back in 2004, early in my blogging career, [...] Read more
Coinbase
We have been thinking about and looking to make an investment in the Bitcoin ecosystem for several years. Today, we are happy to be able to talk about our first investment in the sector. We have made an investment in [...] Read more
Great Entrepreneurs Will Listen To You But Will Follow Their Own Instincts
I told this story in the comments to saturday's video post, but since not everyone reads the comments and I want this to make it into MBA Mondays, I figured I would turn it into a case study. In the [...] Read more
Because It’s Standard
Case studies are true stories that teach lessons. And one of the great lessons I got in my career was care of a lawyer named Morty. This is a reblog of a post I wrote in Feb 2007. I thought [...] Read more
Return and Ridicule
I am going down to Princeton today to talk to Ed Zschau's class on entrepreneurship today. Ed asked me what I wanted to talk about. I told him "return and ridicule". I have found that return and ridicule are highly [...] Read more