Better have a plan

Why your VC funding is worthless without a plan

For founders, taking funding is about more than adding working capital — it acts as a catalyst for things to come. It provides a third-party validation that attracts the interest of media, customers, and potential executives you want to hire.

jelly

Funding Daily: Jelly

Biz Stone’s app Jelly raised its second round of funding today. While the name Jelly refers to jellyfish, it got me thinking about the difference between jelly and jam.

10 commandments

Towards a VC code of conduct

The venture business is a complex one – and the relationships between VCs and entrepreneurs are sometimes fraught with tension.