When I was new to Venture Capital I was trying to figure out the business. It was a fun period for me because everything was new and I was curious. What kind of deals should I be doing? What stage? What price? With which other investors? Should I focus on geographies or industries? Should I trust my instincts for founders and products or should I be more focused on the market size or business plan?
Every week Entrepreneur Country will be profiling one start-up that has hit our radar for their game-changing concept, innovative technology or world class business strategy. We begin with Made TV, the largest holder of local Television licences in the UK who are proving why local is ‘hot’ right now, how they plan to become the UK’s most profitable local TV owner and why they are now looking for investment.
Just back from 2 solid weeks on the road in Boston, New York & Philly. I spent countless hours with VC firms, startups & LPs (the people who invest in VC firms). I find these trips invaluable both from a relationship-building perspective as well as stretching my mind about our industry. I ask questions, test theories, debate topics of the day and then reflect upon what I’ve learned.
An entrepreneur called Danielle Morrill just kicked up a bit of a storm with a nicely titled "Zombie VC" post. It's a nice pendant to her recent Zombie Startups post in which she deals with her own fears of becoming a living dead company after pivoting her startup, Referly.
The first two times I raised VC money, until success simplified things, it occurred to me how the process really mimics real world dating.
Welcome to the Entrepreneur Country Coffee Lounge.
With a host of viral videos, games, cartoons and puzzles, its your time to relax.