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Rustic Canyon Speaks out on GaiKai Exit, Changing Nature of VC, LA Tech & More

Both Sides of the Table

And no wonder, lately he and his partners are on a tear, investing out of their $200+ million VC fund. We also spent a fair bit of time talking about the changing nature of venture capital and in particular the hand-on practitioner role of early-stage VC led by accelerators such as YC, 500Startups, Betaworks and the like.

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Why You Need to Ring the Freaking Cash Register

Both Sides of the Table

I remember just a decade ago in 2003 when we all laughed at how dumb people in the 90′s were talking about the race to “capture as many eyeballs as possible” before your competition. My VC told me that if we monetize too early we will scare away our nascent marketplace and not grow as fast. Your VC is right.

VC 412
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The VC Inclusion Clause #MovingForward

Both Sides of the Table

If you’re an entrepreneur who would like to see this clause in more startups please ask your VC to include it in future term sheets and link to it from their home page. “We MovingForward is an open-source directory that pools diversity, inclusion, and anti-harassment commitments from VCs. Ours is: upfront.com/inclusion.

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Embrace Losing – It Will Make You Stronger

Both Sides of the Table

On Losing in VC. I know I won’t win every deal I want to in VC. There are other great VC’s in SoCal and there is always the allure of the NorCal guys flying down and talking about how they invested in Google, Facebook, Yahoo! In the 2003/04 timefame I was living in the UK and running my first company.

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Embrace Losing – It Will Make You Stronger

Both Sides of the Table

On Losing in VC. I know I won’t win every deal I want to in VC. There are other great VC’s in SoCal and there is always the allure of the NorCal guys flying down and talking about how they invested in Google, Facebook, Yahoo! In the 2003/04 timefame I was living in the UK and running my first company.

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How Open Should a Startup CEO be with Staff?

Both Sides of the Table

” Your VC friends have been egging you on. The don’t understand VC liquidation preferences or multiple return expectations. They weren’t with you when you did the VC pitch where you looked them in the eyes 9 months ago and said, “I see only one outcome, we want to build something really big. .”

startup 417
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The Yo-Yo Life of a Tech Entrepreneur – A Cautionary Tale

Both Sides of the Table

Our existing investors supported us and a new lead came in. I had finally appeared on the front cover of a magazine (TornadoInsider – then the top European VC magazine) but I felt so fat in the picture I never sent it to anybody. So I decided to run the London Marathon in April 2003, just 3 weeks before my son was born.