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If you want to really understand the VC game listen to one entrepreneur: Marc Andreessen
By Jon Gillespie-Brown | August 18, 2008
If one person I know really has a great perspective on VC it’s Marc and he has written 3 blog posts on the topic that every startup should read and learn from – they are punchy, unbiased and really on the money:
- The truth about venture capitalists, Part 1
- The truth about venture capitalists, Part 2
- The truth about venture capitalists, Part 3
Take the time to read them all. Marc does the best job of giving you the full low down in 10 mins reading – and having read 100′s pages on the topic and knowing many VCs I can tell you this is time well spent vs. having to follow my example!
In Part 1 he gives you nice intro as to whether you should approaching a VC and all the basics.
In Part 2 – “the real meat and potatoes”:
- Comparing venture firms, and comparing partners within firms.
- The VC’s ideal investment.
- How much help, and what kinds of help, you can expect from your VC.
- How VC’s spend an awful lot of their time, and why you should feel sorry for them.
- VCs: soulless and rapacious capitalists, or surprisingly generous philanthropists? Or both?
- Why we should be thankful that we live in a world in which VCs exist, even if they yell at us during board meetings, assuming they’ll fund our companies at all.
- And, how to make a VC’s head explode.
Part 3: In in his final post he goes through the VC cycles and some interesting facts about the industry.
Last 3 posts by Jon Gillespie-Brown
- Choosing a "Stanford quality" startup idea–part 3 - October 11th, 2011
- Choosing a "Stanford quality" startup idea–part 2 - October 11th, 2011
- Choosing a "Stanford quality" startup idea - October 10th, 2011
Related posts:
- Looking for VC funding? seeing who is doing the most deals may help with who’s best to call.
- Looking for Investors in All the Right Places?
- How to write a business plan an investor can understand
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About the Author: |
| Jon Gillespie-Brown is a published Author, Lecturer, Founder/CEO and Mentor on Entrepreneurship. He currently mentors at Stanford, UC Berkeley and the London Business School. Visit his site for tips by email/twitter, blog updates, detailed articles, worksheets, news, a free quiz and more! Go now to http://www.tobeanentrepreneur.com/ | |
