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Rocket Science 2: Drinking the Kool-Aid

Steve Blank

If you were a “with it” VC you needed to have a “Content&# or “Multimedia&# company in your portfolio to impress your limited partners – educational software companies, game companies, or anything that could be described as content and/or Multimedia. Not all VCs are equal.

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Entrepreneurs are Everywhere Show No. 20: Nayeem Hussain and Will Zell

Steve Blank

If you’re a venture capitalist … you have limited partners that give you money to invest on their behalf, and you’re responsible for giving them outsize returns. Filed under: Customer Development , SiriusXM Radio Show. Steve : And they wanted a bigger business than just a vent company. Nayeem : (Nods.)

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Welcome to the Lost Decade (for Entrepreneurs, IPO’s and VC’s)

Steve Blank

VC’s invested their limited partners’ “risk capital” in a portfolio of startups in exchange for illiquid stock. Some of the old-line venture firms have changed their strategy, but some are still locked into last decade’s model while the partners are living off of their management fees and go through cargo cult like rituals.

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How Private Equity and Venture Capital Investors Are Eating Their Own Dogfood

David Teten

A more efficient approach is to mine the data exhaust from the Limited Partner universe to identify those LPs most likely to find your fund attractive, and focus all your energy on them. Relationship Science makes it easier to understand and map social networks into potential limited partners. 2) Raise capital.

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Reinventing the Board Meeting – Part 1 of 2

Steve Blank

Investors get board seats to assure themselves and their limited partners that they are duly informed about their investment. From a VC’s point of view there are two reasons for board meetings. 1) It’s their fiduciary responsibility. Once a startup gets going, it has asymmetric information.

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Why Board Meetings Suck – Part 1 of 2

Steve Blank

Investors get board seats to assure themselves and their limited partners that they are duly informed about their investment. From a VC’s point of view there are two reasons for board meetings. 1) It’s their fiduciary responsibility. Once a startup gets going, it has asymmetric information.

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If I Told You I'd Have to Kill You: The Story Behind “The Secret.

Steve Blank

And you’d like me to do my talk on Customer Development and startups?” “No, we’re the other CIA.” Their VC firm, In-Q-Tel , has been in business for 10 years, and like most VC firms they have an annual event where they show off their new portfolio companies to their limited partners and other VC partners.