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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. I’m going to call this the risk/wealth effect and it definitely nudges the numbers towards the funding of wealthier white men. We shouldn’t be taking the advice of the people that are on this kind of track and weaving it into our own fundraising strategy.

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Why being a VC sucks. Advice to anyone who wants to get into venture capital.

This is going to be BIG.

Don''t get me wrong, VCs (at bigger funds than mine) do quite well and are definitely in the top 1%, but the money that most VCs will see over a decade, partners at Blackstone probably made last year. If you''re the kind of person that needs immediate and constant feedback, this isn''t the right asset class for you.

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Leave Money on the Table

This is going to be BIG.

For me, I'd rather have a very simple, straightforward business model--one where no one has to think to figure out if I'm giving advice on your next round based on some special vehicle or deal I have on the side. Who wants to be around someone who counts every last penny and never misses an opportunity to cash in.

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You Can’t Rely on a VC for Your Hardest Decisions

Both Sides of the Table

We are money, advice, coaching, cheerleading, interventionist but not “the decider.” In preparation for her reentry into VC she spoke with many mentors of hers for advice on venture capital. One such advice came from Sharon Weinbar (who I, too, am a fan of) who said, “View every situation with a beginner’s mind.”

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How to Not Suck at a Group Presentation

Both Sides of the Table

It’s a shame because the ability to nail these presentations at key conferences can be once-in-a-lifetime opportunities to influence journalists, business partners, potential employees, customers and VCs. It definitely is an IQ test thing for me. Tags: Entrepreneur Advice Start-up Advice Startup Advice.

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8 Czech VCs on green shoots, pandemic impacts and 2021 opportunities

TechCrunch

Still, new opportunities are popping up in remote work, psychedelics and wellness. The advice is to “be frugal to accommodate to the new situation and roll on.”. What are some overlooked opportunities right now? How should investors in other cities think about the overall investment climate and opportunities in your city?

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Why You Shouldn't Put VCs on a Pedestal

This is going to be BIG.

Do you think there is more money out there looking for good opportunities, or more fantastic opportunities? VCs can provide a useful piece of advice at a key moment--or help make a key hire, but the day in and day out grind is done by the work of the founder and the team, and they deserve 99.999999% of the credit. Here's why.

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