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Monthly Archives: May 2010
Own the Exit Strategy
At one point earlier in my startup career when I was VP of Marketing at a 3D graphics startup, I was advised by a well-known Silicon Valley VC that I wasn’t to worry about the exit strategy. Our job was to build value and the exit would come. Basically, go away and let the smart [...]
Angels vs. VCs
An angel investor in Knowledge Reef Systems sent me a copy of Basil Peters presentation (no link at this time) to the Angel Capital Association Summit in San Francisco this month. Absolutely spot on with one minor complaint (see a couple paragraphs below). Basil’s key points:
Target an early M&A exit (get out in 2-3 years)
Build [...]
Oracle “Mini-Me” vs. “Cool-Tech” Startups
Why is it that so many enterprise software startups continue to be structured as “mini-me” clones of Oracle (or pick your favorite large, established software vendor)? In a world of agile development processes, alternative distribution channels and customers accustomed to employing open source software that demands “self-help” evaluations, you would think that new business models [...]
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Privacy-Déjà Vu All Over Again