Newer posts are loading.
You are at the newest post.
Click here to check if anything new just came in.
05:09
“Venture capitalists’ job is to invest in risky projects.”  This statement is scary to me. We should be risk evaluators, not risk takers.  We should invest where our background and instincts and due diligence convince us the anticipated return will far exceed our evaluation of the risk. There are five key risks in any deal:  Market, Product (a/k/a technology), Management, Business Model, and Capital. Taking all five at once is crazy. Most losses happen when you combine Market and Product risk – take one, not both, and take it with a proven entrepreneur.
A Venture Capital History Perspective From Jack Tankersley - Feld Thoughts

Don't be the product, buy the product!

Schweinderl