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How Boards Need to Evolve Over Time

Both Sides of the Table

I’ve written a few posts about boards recently as part of a series on the subject. I admit that I haven’t yet read it but I’ve had numerous discussions with Brad over the years about board structure & conduct and consider him a mentor on the topic. Offering a sparring-partner function on strategic decisions.

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The Changing Venture Landscape

Both Sides of the Table

In 2001 companies IPO’d very quickly if they were working, by 2011 IPOs had slowed down to the point that in 2013 Aileen Lee of Cowboy Ventures astutely called billion-dollar outcomes “unicorns.” They might be ideas they hatch internally (via a Foundry) or a founder who just left SpaceX and raises money to search for an idea.

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Twitter co-founder Biz Stone joins board of audiovisual startup Chroma

TechCrunch

Chroma , a startup working to build a new type of audiovisual entertainment specifically for mobile devices, is now adding a Twitter co-founder to its board. However, in 2013, Stone and the others shifted their focus to individual startups. The venture most notably incubated the blogging platform Medium. Chroma did.

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The Achilles Heel of Startup Ecosystems

This is going to be BIG.

I backed that company in 2013 when it was basically a table top science project, but the key was a series of connections that could have only been possible as a full time investor. I first met Daniela Perdomo , goTenna’s founder, at SXSW. Not a one—and through conversations with other seed funds I know, this is pretty widespread.

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Please Help Me Congratulate Jordan Hudson as @UpfrontVC’s Newest Investment Principal

Both Sides of the Table

Associates often shadow partners at board meetings so that they can help follow up with the company on important initiatives between board meetings. Smart founders use this extra resource to their advantage. In 2013 we launched many firsts to reinvent our firm. inside insight into VC decision-making. Startup Advice'

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How to Kick Start Your Community’s Startup Scene

Both Sides of the Table

This meant: Less capital to start a company thus the rise of “micro VCs” Younger, more technical founders (not as big of a leap to take a risk on a 24-year-old when it’s $250k and not $5 million. So the startup work moves to where the startup founders live and not vice versa. Welcome to the future.

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Why Online Video Just Took One More Big Step to Legitimacy

Both Sides of the Table

And this month we announced that Maker Studios, where I am an investor and board member, crossed 3 billion views. My estimate is that the top 5 YouTube networks will do > $200 million net revenue in 2013 (after Google’s share). ” Dana & I took a chance on the founders early on. Distribution costs have, too.