I’ve seen a lot of pitches in which entrepreneurs have said: “We’re raising this round, but the money we are raising is going to get us to a point where we are profitable, and won’t need to raise money again.”
It worries me a little bit when they [...]
Dumb venture capital? Sure, but what about dumb M&A?
Venture capital is a tough industry—most firms are never actually profitable and it’s for a variety of significant reasons. The biggest is that there is a lot of dumb venture capital right n[...]
In the past year, “mobile-first” has become a mantra for much of the venture community, but is mobile already getting left behind even while half the world is still catching on? Maybe.
There are two things that make me think this might happen. The [...]