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The Achilles Heel of Startup Ecosystems

This is going to be BIG.

Across the world, various economic development organizations, government agencies, and non-profits are putting in admirable and well-intentioned efforts to develop startup ecosystems. Take the example of goTenna , a thriving communications hardware startup located in Downtown Brooklyn that employees almost 50 people.

Startups 145
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How to Objectively Measure the "Fundability" of Your Fund

This is going to be BIG.

When I wrote this post about trying to measure the fundability of your startup, I kicked it off with, “You can’t” and proceeded to share all the ways that getting your company funded feels a bit like a craps shoot, while still trying find a method somewhere within the madness. Are you raising a size-appropriate fund?

Deal Flow 147
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Creating Better VCs: An Accelerator for the Dark Side

This is going to be BIG.

These days, there are a ton of options for you if you''re a startup seeking guidence. We''ve done a lot to make sure startups get all the help we can get--and it''s leading to higher companies getting off the ground. Just like a startup accelorator, a VC program would also really help on the fundraising side.

Startups 155
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How to Build a Successful and Diverse Venture Capital Portfolio Without Really Trying

This is going to be BIG.

We should be willing to go through the firehose of crappy deals in their inbox for the money we make. Warm intro or not, no VC has the magical stream of only quality deal flow with nothing stupid added. Heck, most of the worst deals I see are from intros to perfectly nice people with perfectly awful startups.

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Give

This is going to be BIG.

To be a good VC, you're going to offer up a lot of time to companies that may never pay back a dime--or even to deals you never wind up doing. There's no magic flow of great deal flow. You're going to spend a lot of time helping people that just aren't going to make it with their business. That's basically the way in.

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Both Things Can Be True: Bias and Bad Fundraising Advice

This is going to be BIG.

The startup ecosystem is a terrific manufacturer of bad fundraising advice. Well, if you add it to your startup, it does a few things. One, it usually implies that you’re going to start going cash flow negative to accelerate growth. Was she just an anomaly or is there something else going on here? That adds risk.

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Accessibility as an Advantage in Venture Capital: Why Creating Value for Everyone in the Community Wins

This is going to be BIG.

Opening up our circle to create and scale genuine engagement for people outside of typical venture networks is how we do business—and we’re getting exceptional deal flow because of that. But diversity isn’t any kind of criteria for us—it’s a function of trying to create value for the whole ecosystem--not just those you back.