Archives / June, 2009

The Hajj in 3 Minutes

In case you don’t have 12 hours to actually do the Colorado Hajj yourself, Walker has conveniently condensed the trip into a ~3 minute video. Enjoy!

Venture capital is dead! Long live venture capital!

Dan Primack sited a study on PE Hub today that found that over 50% of VC professionals believe that the VC industry is “broken”.  My response: WHO CARES? Seriously. It seems like the venture industry these days spends more time lamenting its future than actually working towards a future that’s different.  And they couldn’t be…

Sounds of silence

Years ago I wrote a post about M&A negotiations in which I stressed the importance of using listening in the negotiation process. Last week I was talking about the importance of listening with Micah (not in the context of M&A – just in the context of life in general) when he said to me that…

Denver to the top of Mt. Evans take II

Last year was my first joining Walker on his annual “Colorado Hajj” trip riding from the state capital building in Downtown Denver to the top of Mt. Evans (a 14,000ft mountain west of town) and back. It’s a pretty insane ride, but extremely fun and the kind of challenge that once you’ve tried it, it’s…

Foggy

  Clear announced last night that they had shut down. The note on their website says the following: Clear Lanes Are No Longer Available. At 11:00 p.m. PST on June 22, 2009, Clear will cease operations. Clear’s parent company, Verified Identity Pass, Inc. has been unable to negotiate an agreement with its senior creditor to…

Getting to getting to

I was reminded once again this week of the importance of the deliberative process vs. outcome. Or perhaps better put, I was reminded that sometimes the best outcome is simply the deliberation itself. In business one is often extremely focused on solving problems and moving on – sometimes at the expense of valuing the discussion…

There’s "something called the Internet"

There’s a clip that’s been making the rounds in the last week of a Tom Brokaw spot from the mid-90’s on "the Internet". I love the quick clip with Eric Schmidt (then of Sun) and the casual walk around with Bill Gates.  I also really like the pitch for the IBM notebook that’s "4 pounds"….

Is your early stage business stretched? Good!

Most early stage companies feel stretched. While they don’t lack for ideas, they typically lack for resources (money, people, time, etc.). In my book this is a good thing. Scarcity of resources forces starker choices and ultimately results in better decision making. I sometimes joke with companies about the occasional over-funded competitor and tell them…

What’s your business mantra

One thing that comes up early on in many of the companies that I work with is the question of how to build a framework through which to make decisions about product and business direction.  Because it’s easy to get sidetracked (or just blinded by all of the possibilities out there) I often suggest to…

Where are you on the Tweetire Curve?

I tweeted today about conference I spoke at this morning on the subject of the role of social media in venture capital and private equity (not from an investment perspective, but how VC and PE professionals can use social media – blogs, facebook, twitter, etc. – to be more successful investors; more on that idea…