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Showing posts from November, 2017

The Giving Season

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I've spoken a lot about giving to others and the impact that it's had on my life. Around this time last year, I encouraged people to join me in pushing back the darkness in the world by "turning on the light," giving gifts to their neighbors, friends, and even strangers without expecting anything in return. When the world seems bent on evil and destruction, you have two choices: you can get angry and add to the noise or you can fight back with love. My family and I choose the latter, and I hope that you, gentle reader, will do so as well.

I try to do find ways to give and to help others all year long, but there's something about the last six weeks of the year that calls to me to do more, give more, spread more light. This week, I thought about why that is and I came up with three reasons:
It's the Holidays Whether or not you want to attach special meaning to the December holidays,  time of year is special in America. We're bombarded with images of happy …

The growing funding gap

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“Pre-seed is the new seed.”
“We need to see traction before we can write a check. Come back when you have a product and customers.”
“We don’t do sub-500K rounds anymore. If you want less than that, talk to your friends and family.”
There’s a growing gap in the funding market, and early-stage companies are finding it more and more difficult to raise the money they need to get their products off the ground. Those that do spark investor interest face constant pressure to think bigger, ask for more money than they need, and commit to accelerating their company’s growth before they’re ready. None of this is healthy. I’ve seen this trend in the Boulder/Denver market over the past couple of years and I’ve confirmed it with friends and peers in Boston and the Bay Area: VCs and angel investors are moving up-market, de-risking their investments by waiting until a company has already proven its viability by releasing a product and winning its first few customers. Meanwhile, most entrepreneurs’ frie…