Archives / April, 2015

Transparent Funding Announcements

We are in a cycle again where how much you raise is the story. It’s what the press likes to write about (e.g. Company X raised Y from A, B, and C). Now that everyone is overly focused on unicorns, the headline number on the valuation (e.g. Company X raised Y at a valuation of…

Non-Attachment vs. Detachment

At dinner on Sunday night I had a short discussion with a long-time friend about the phrases detachment vs. non-attachment. I don’t remember the specific thing that brought it up, but I stated that I was much more interested in non-attachment in how I react to things. We bounced around words a little and then went back to…

Silicon Valley – Religion, Operating System, or Something Else?

Earlier this week I wrote a post titled The Religion of Silicon Valley. It was intended to be provocative and exploratory. The comments were great and helped me think through this concept more (note: the comment counter is broken on the main page due to a plug-in conflict – we are trying to figure it out….

The Paradox of VC Value-Add

Scott Maxwell of OpenView Partners had an awesome post up this morning titled The Truth About VC Value-Add. Go read it – I’ll still be here when you get back. You may recognize Scott’s name – I wrote about him in my post When VCs Don’t Bullshit You. The next person on the list of supporters is Scott…

The Board Operating System

In the comments to my post yesterday titled The Religion of Silicon Valley, Rosey commented that the choice of metaphor could be “operating system” instead of religion. “Brad, I expected your choice of metaphor would be ‘operating system’ more than ‘religion’, as the term ‘religion’ carries a lot of baggage and generally involves some supernatural…

The Religion of Silicon Valley

There has been a lull in the chanting that “Silicon Valley is the center of the tech universe.” I’m in Boulder for the next three weeks and I woke up pondering something Ben Casnocha said to me the last time we were together. Silicon Valley is a religion, just like Crossfit is a religion. This…

History Doesn’t Repeat Itself, But It Does Rhyme

My favorite Mark Twain post, which I share with my close friend Phil Weiser (the Dean of CU Boulder) is “History doesn’t repeat itself, but it does rhyme.” There is a lot of rhyming going on. If you want a quick taste, go read today’s Fred Wilson’s blog post Coming Up With A Better Name For…

Announcing the Global EIR Coalition

Yesterday morning, over scrambled eggs and smoked salmon with Jeff Bussgang of Flybridge Capital (he had yogurt), we talked about immigration reform and our broken immigration system. Both Jeff and I have been working hard on making it much easier for immigrant entrepreneurs to get visa’s to start their companies in the US. Both of us…

The Long Lost Myth of Capital Efficiency

I miss capital efficiency. It seems like you were our best friend just yesterday. Were you a myth? A lie? A justification by VCs to explain away their lack of capital to invest? A rationalization by entrepreneurs to explain away their inability to raise capital? Do you remember all the blog posts about how companies needed…