How do you a startup has died (at least one that is pre-funding)? When the co-founders begin to argue about how to divide the assets of the once promising venture. It amuses me to see how vigorously they fight over the cadaver. If they invested as much passion in actually executing on their vision as [...]
Is the Dallas Business Journal Relevant Anymore?
I would argue that for the Entrepreneurial Community in Dallas the Dallas Business Journal is irrelevant. We don’t read it. We don’t advertise in it. Of course it doesn’t have to be this way. Gary Hooker, who is one of the owners of Imaginuity, copied me on an email he sent the editor of the [...]
Open Letter to Rohit Mehrotra and Bill Cawley
This morning I received an email from an entrepreneur who asked me if I would be willing to introduce mobile app developers you. He explained that you have started an ‘accelerator‘ that offers office space, mentoring and $20-25K to companies who are within 90 days of launch of their mobile applications. In exchange you take [...]
Our latest version of ShopSavvy is LIVE!
I am really excited to announce ShopSavvy 4 is available in the iTunes store. The full story is over at the Big in Japan Blog in a post titled, “ShopSavvy 4 available in iTunes NOW!” Here is a short overview video we cut together last week:
How to sell your startup (Hint: hire a banker)
Dean Takahashi wrote an interesting story in SocialBeat describing a fireside chat with Jay Adelson the former Digg CEO. In light of the company’s recent decline and hopeful restart Jay was asked if he regretted not selling Digg when he had the chance. It was widely reported that Digg received offers to sell between $80-100 [...]
Is downside risk mitigation important to investors?
Over the years I have learned that my assumption that all investors seek to minimize downside risk is just plain wrong. For example, venture investors want to ensure their capital has a chance at generating out-sized returns. They have limited resources (time and money) to make the best investments as possible. Mitigating downside risk doesn’t [...]
You aren’t the only who can or are doing whatever you are doing. . .
Lots of entrepreneurs spend a lot of time telling investors they are the only ones who can do this or that particular thing. While other entrepreneurs explain how their method or model is better than all of the other methods or models. Polite investors just sit back and hold their tongues as they recount how [...]
Capital Factory Demo Day!
Today is Demo Day at Austin’s Capital Factory. The event runs through 3PM and features five startups including: Hurricane Party – a location-based social networking application that helps users create, manage and discover events that are relevant to them. RecycleMatch – an online market for waste and recyclables that helps companies make waste a resource. [...]
Entrerpeneurship Survey Request
Take a moment to fill out this LONG survey about entrepreneurship in Texas: http://www.zoomerang.com/Survey/WEB22B3CUQDYM8 Together with our co-sponsors, the Texas Emerging Technology Fund, the Institute for Innovation and Entrepreneurship at UT Dallas, the Dallas Regional Chamber of Commerce, the Metroplex Technology Business Council, the Houston Technology Center, the Rice Alliance, and IC2 at UT Austin, [...]
DFW Un-Plugged
I got an invitation to attend an event called DFW Unplugged. Details from the Eventbrite site: DFW is full of some of the most innovative and creative individuals and the most amazing ideas. Come celebrate those people and ideas as we hear from those who are making DFW more vibrant and creative for all of [...]