When Pets.com collapsed in November 2000, it took 300 million dollars in investment capital with it. In doing so, it became the poster child for everything wrong with the dot-com boom. While there are a number of reasons for Pets.com’s failure, one of the most important was that is consistently undercharged its customers. In order […]
With the exception of a few writers, tech journalism is usually devoid of fact checking, research, analysis and insight. Online media companies with VC investors often pander to those VCs and hype their portfolio companies. Considering the dearth of insightful writing covering the startup ecosystem, First Round Capital’s blog First Round Review – Actionable Insights for Technology Entrepreneurs seems like a great idea. First Round Capital Partner Josh Kopelman even boldly said, “In short, our (modest) goal is to build the Harvard Business Review (HBR) for startups”. So I was shocked to find fluffy, promotional writing on First Round Review (FRR).
They say that 60 is the new 40, and if that’s the case, it makes you wonder if 80 is the new retirement. Thanks to medical and technological advances, people in their 60s, 70s and even 80s or beyond have more and better opportunities than ever before to make a successful go of their own business. […]
I was a 21 year-old entrepreneur when the dot-com bubble burst in 2001. Given the unprecedented volume of dying startups, investors and other business partners became less and less inclined to partner with new companies — especially those led by young founders. But I felt compelled to win over potential investors, customers and team members. […]