article thumbnail

The VC’s Customer

A VC: Musings of a VC in NYC

Back in 2005, in the early days of this blog, I wrote this post on the topic. link] — Dan Primack (@danprimack) February 25, 2023 I DM’d Dan to let him know that is not the right way to think about the venture capital business. The entrepreneur is the customer and the LP is the shareholder.

VC 235
article thumbnail

Why Has Seed Investing Declined? And What Does this Mean for the Future?

Both Sides of the Table

Between 1999–2005 the costs went down by 90% and between 2005–2010 they went down a further 90%. million and my A Round in 2005 was only $500,000 (and that’s all I ever raised). The reality is that as a result of two major trends the costs of starting a technology startup went down massively.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

East Ventures Expands Reach with South Korea Fund, Appoints Sang Han as Partner

AsiaTechDaily

Sang Han has extensive experience in venture capital, having started in 2005 as an assistant vice president at Walden International for Singapore and Beijing. East Ventures Korea has appointed Sang Han as its first partner for the South Korea fund, which was launched in October in collaboration with SV Investment, a Seoul-based VC firm.

article thumbnail

Decoding Deep Tech: A Conversation with Dr. Damian Tan of Vickers Venture

AsiaTechDaily

Founded in 2005 by a renowned coalition of innovators, including Dr. Finian Tan, Dr. Khalil Binebine, Dr. Jeffrey Chi, Dr. Damian Tan, Linda Li, and Raymond Kong, Vickers Venture Partners has firmly established its presence and influence in the global venture capital space.

article thumbnail

Pomp and Reality: Real advice for today’s graduates

Entrepreneurs' Organization

David Foster Wallace, Kenyon College, 2005. In 2005, the famous American author and professor gave a speech entitled “This Is Water,” that has since become legendary. Steve Jobs, Stanford, 2005. It’s an epidemic.”. Watch | Transcript. Volunteer some hours. Focus on something outside yourself. Watch | Transcript.

advice 220
article thumbnail

How to Create a Healthy Local Startup and Tech Community

This is going to be BIG.

I built a 3,000 person tech networking organization in NYC back in 2006 and was one of the first 100 members of the NY Tech Meetup back in 2005 so I’ve participated in a lot of these conversations. In 2005, it was a risky bet to join Union Square Ventures and plant my VC career here in NYC.

article thumbnail

Blinking

A VC: Musings of a VC in NYC

Back in 2005 Malcolm Gladwell wrote a book called Blink that was about how our subconscious allows us to make fast decisions that are often as good or better than slow considered decisions.