Comments on: Raising money from VCs? Check out Venture Hacks http://venturebeat.com/2007/04/02/raising-money-from-vcs-check-out-venture-hacks/ News About Tech, Money and Innovation Wed, 25 Nov 2009 02:43:52 +0000 http://wordpress.org/?v=2.8.5 hourly 1 By: Nivi http://venturebeat.com/2007/04/02/raising-money-from-vcs-check-out-venture-hacks/comment-page-1/#comment-135438 Nivi Sat, 12 May 2007 08:22:47 +0000 http://venturebeat.com/2007/04/02/raising-money-from-vcs-check-out-venture-hacks/#comment-135438 Hi, this is Nivi from Venture Hacks. Thanks for the mention! We've got a Cheat Sheet of all our hacks here: http://www.venturehacks.com/term-sheet-hacks/ Hi, this is Nivi from Venture Hacks. Thanks for the mention!

We’ve got a Cheat Sheet of all our hacks here: http://www.venturehacks.com/term-sheet-hacks/

]]> By: Tad Askew http://venturebeat.com/2007/04/02/raising-money-from-vcs-check-out-venture-hacks/comment-page-1/#comment-12317 Tad Askew Wed, 04 Apr 2007 04:58:04 +0000 http://venturebeat.com/2007/04/02/raising-money-from-vcs-check-out-venture-hacks/#comment-12317 I enjoy the Take No Prisoners style of Venture Hacks. In aggregate, the VC landscape is a vast ocean of mediocrity with the advantage of asymmetric leverage over their supplicants. This leverage is both fiscal and informational. Venture Hacks is a zippy read, and teaches entrepreneurs to minimize that leverage and wrangle the best possible outcome from encounters with the species. I enjoy the Take No Prisoners style of Venture Hacks.

In aggregate, the VC landscape is a vast ocean of mediocrity with the advantage of asymmetric leverage over their supplicants. This leverage is both fiscal and informational.

Venture Hacks is a zippy read, and teaches entrepreneurs to minimize that leverage and wrangle the best possible outcome from encounters with the species.

]]> By: Andrew Fife http://venturebeat.com/2007/04/02/raising-money-from-vcs-check-out-venture-hacks/comment-page-1/#comment-11975 Andrew Fife Tue, 03 Apr 2007 07:00:23 +0000 http://venturebeat.com/2007/04/02/raising-money-from-vcs-check-out-venture-hacks/#comment-11975 Thomas: Why would anyone would want to discourage entrepreneurs from writing about their experiences? Dealing with VCs and building a successful startup are not necessarily the same thing. Also, one can learn a lot from failure. I know I did. Neither of the Venture Hacks authors have had a runaway success but that doesn't mean other entrepreneurs can't learn from their experiences. Furthermore, I believe that the bar for raising capital from professional investors is much higher than most people realize. Venture capitalists perform extensive due-diligence on there prospective investments and one of the most important things they look for is talent on the management team. Thus, there aren't many slouches who have successfully raised venture capital and I'd be willing to bet that the Venture Hacks guys are pretty sharp. Regardless, I think their experiences are valuable and I am interested in what they have to say. -Andrew Thomas:
Why would anyone would want to discourage entrepreneurs from writing about their experiences? Dealing with VCs and building a successful startup are not necessarily the same thing. Also, one can learn a lot from failure. I know I did. Neither of the Venture Hacks authors have had a runaway success but that doesn’t mean other entrepreneurs can’t learn from their experiences. Furthermore, I believe that the bar for raising capital from professional investors is much higher than most people realize. Venture capitalists perform extensive due-diligence on there prospective investments and one of the most important things they look for is talent on the management team. Thus, there aren’t many slouches who have successfully raised venture capital and I’d be willing to bet that the Venture Hacks guys are pretty sharp. Regardless, I think their experiences are valuable and I am interested in what they have to say.
-Andrew

]]> By: A GD entrepreneur http://venturebeat.com/2007/04/02/raising-money-from-vcs-check-out-venture-hacks/comment-page-1/#comment-11962 A GD entrepreneur Tue, 03 Apr 2007 06:17:42 +0000 http://venturebeat.com/2007/04/02/raising-money-from-vcs-check-out-venture-hacks/#comment-11962 I think such site is definitely needed...may be in a bit different form. There should be few good sites that voice entrepreneurs' experiences with VC community. If one entrepreneur had really bad experience with a VC, that should be known to other entrepreneurs. A platform for entrepreneurs is definitely needed to balance and keep VCs in check. It is a fair game. Some VCs are there just to "buy" the ideas. Most VC forget that they are playing with Other People's Money while entrepreneurs are risking something of their "OWN". Of course there are good and bad entrepreneurs just like good and bad VCs but balance is tilted towards investment community rather than entrepreneurs I think such site is definitely needed…may be in a bit different form. There should be few good sites that voice entrepreneurs’ experiences with VC community. If one entrepreneur had really bad experience with a VC, that should be known to other entrepreneurs.

A platform for entrepreneurs is definitely needed to balance and keep VCs in check. It is a fair game. Some VCs are there just to “buy” the ideas.

Most VC forget that they are playing with Other People’s Money while entrepreneurs are risking something of their “OWN”.

Of course there are good and bad entrepreneurs just like good and bad VCs but balance is tilted towards investment community rather than entrepreneurs

]]> By: Makeit http://venturebeat.com/2007/04/02/raising-money-from-vcs-check-out-venture-hacks/comment-page-1/#comment-11956 Makeit Tue, 03 Apr 2007 05:51:38 +0000 http://venturebeat.com/2007/04/02/raising-money-from-vcs-check-out-venture-hacks/#comment-11956 Naval is a God....VCs are bad and Naval is good! Naval talks...I listen. Naval is a God….VCs are bad and Naval is good! Naval talks…I listen.

]]> By: Thomas http://venturebeat.com/2007/04/02/raising-money-from-vcs-check-out-venture-hacks/comment-page-1/#comment-11888 Thomas Tue, 03 Apr 2007 00:28:03 +0000 http://venturebeat.com/2007/04/02/raising-money-from-vcs-check-out-venture-hacks/#comment-11888 Should a couple of unproven dotcommers really be dispensing advice about how to deal with VCs? Vast.com? Music browser Songbird? These guys are the gold standard? Should a couple of unproven dotcommers really be dispensing advice about how to deal with VCs? Vast.com? Music browser Songbird?
These guys are the gold standard?

]]> By: startupboy http://venturebeat.com/2007/04/02/raising-money-from-vcs-check-out-venture-hacks/comment-page-1/#comment-11855 startupboy Mon, 02 Apr 2007 21:40:09 +0000 http://venturebeat.com/2007/04/02/raising-money-from-vcs-check-out-venture-hacks/#comment-11855 A GD VC, You could very well say the same about VCs. You shouldn't invest unless you trust the founders, so why bother with complicated terms? The core issue here is unequal negotiating power, not trust. A GD VC,

You could very well say the same about VCs. You shouldn’t invest unless you trust the founders, so why bother with complicated terms?

The core issue here is unequal negotiating power, not trust.

]]> By: A GD VC http://venturebeat.com/2007/04/02/raising-money-from-vcs-check-out-venture-hacks/comment-page-1/#comment-11828 A GD VC Mon, 02 Apr 2007 21:02:48 +0000 http://venturebeat.com/2007/04/02/raising-money-from-vcs-check-out-venture-hacks/#comment-11828 Jaundiced is kind. No one's going to take away their experiences and wisdom from "run-ins" (of which I'm sure they had no responsibility). But if one is this worried the VC is going to screw him or her, shouldn't said entrepreneur ask themself why he/she is about to choose this investor anyway. You need to trust your investor won't jack you at every turn otherwise the enterprise is doomed from the beginning. Jaundiced is kind. No one’s going to take away their experiences and wisdom from “run-ins” (of which I’m sure they had no responsibility). But if one is this worried the VC is going to screw him or her, shouldn’t said entrepreneur ask themself why he/she is about to choose this investor anyway. You need to trust your investor won’t jack you at every turn otherwise the enterprise is doomed from the beginning.

]]> By: Dan989065LP http://venturebeat.com/2007/04/02/raising-money-from-vcs-check-out-venture-hacks/comment-page-1/#comment-11823 Dan989065LP Mon, 02 Apr 2007 20:42:02 +0000 http://venturebeat.com/2007/04/02/raising-money-from-vcs-check-out-venture-hacks/#comment-11823 Matt, Naval is a good guy, but he has a way too jaundiced a view about GP's, both with Aughust and Dot.Asha. Matt, Naval is a good guy, but he has a way too jaundiced a view about GP’s, both with Aughust and Dot.Asha.

]]> By: Matt Marshall http://venturebeat.com/2007/04/02/raising-money-from-vcs-check-out-venture-hacks/comment-page-1/#comment-11784 Matt Marshall Mon, 02 Apr 2007 18:52:38 +0000 http://venturebeat.com/2007/04/02/raising-money-from-vcs-check-out-venture-hacks/#comment-11784 Thanks, corrected. Thanks, corrected.

]]> By: Carl http://venturebeat.com/2007/04/02/raising-money-from-vcs-check-out-venture-hacks/comment-page-1/#comment-11781 Carl Mon, 02 Apr 2007 18:44:09 +0000 http://venturebeat.com/2007/04/02/raising-money-from-vcs-check-out-venture-hacks/#comment-11781 Matt You want to check below... One is Naval Ravikant, who now runs Vast.com, but who a fair share of VC run-ins. One is Naval R, who now runs Vast.com but who HAS had a fair share of VC run-ins. Matt
You want to check below…

One is Naval Ravikant, who now runs Vast.com, but who a fair share of VC run-ins.

One is Naval R, who now runs Vast.com but who HAS had a fair share of VC run-ins.

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