How Venture Capitalists Think
I thought it might be useful to describe the venture investing process in the context of the recent discussion about transparency. Firms have their own processes and some of the details may vary, but generally speaking, most VC’s probably have a similar process. Also, I’ve only been doing this for three years. I’ve been an entrepreneur for about 10. I’ve learned a lot over the last three years and think I’ve become much better at venture investing, but still have a lot to learn…First, the principles. Buy low/Sell high. Funds have some “life” of around 6 years where they need to “exit”. The point is to buy shares of companies for a low price and be able to sell them to someone at a higher price before the end of the fund.
Software Documentation Weblog on August 2nd, 2005 8:09 am
Links for 08-02-2005
What not to Do – the 17 most common mistakes startups make
Now They Know – 7 useful tips for marketing your startup
(both via Iskender Dirik )
Joi Ito: Our investment process – How venture capitalists think
( via Dane Carlson
Leave a Reply