Saturday, May 10, 2008

Understanding the VC's

Two great reads for the entrepreneur

  1. Read ‘Em and Reap: Decoding the VC Poker Face - GigaOM
  2. How to Turn Your VC into Your Worst Enemy (by Denny K Miu)

Great advice, Great reading and right on the "money".

My advice... focus and execution on a plan that solves a customer problem. Do that right and the money will appear.

1 comment:

Denny K said...

Peter - Thank you for commenting on my post. I agree with you. "Do that right and the money will appear."

Very often, young entrepreneurs confuse valuation with value-building and think that successfully getting money from the VC's is the same as successfully building a viable business. They can be related but not always.

We need more old dogs like us to speak out to get the bus back on the middle of the lane.

Good luck to you.