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It’s 2003 and VCs aren’t exactly lining up to fund startup businesses. ” Of course as a founder & CEO you know that your 18% of the company at an $80 million is worth more than 26% of a $30 million valuation but I promise you that this is a nuance that even really smart & educated employees struggle with.
Sometime around 2003/04 my technology team turned me on to “Spolsky on Software&# a periodic newsletter served up blog style from Joel Spolsky of FogCreek Software, a maker of bug-tracking software. Blogs weren’t popularized yet so it was an oddity for me to read the founder of a software company spewing out advice.
Key challenges include (1) lack of education and buy-in from industry stakeholders such as physicians, research institutes, insurance companies, politicians, etc.; How are these issues informing your advice to your cannabis-related portfolio companies? Moreover, European doctors are generally more conservative and evidence-based.
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So, I sort of grew up as a product manager at Google in the early days of the company working on Google AdWords, when we just launched AdWords, I think back in 2003. And last thing, but you’re welcome to share anything I didn’t ask, but let’s talk about tips, advice. Any advice for us, Prashant?
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