April 20, 2014

Announcing ‘TEN’

For more than five years I’ve been actively involved in the Dallas startup community. During that time I have advised scores of entrepreneurs; however, I’ve often wondered how valuable my advice really was. For example, in the last thirty days I have ‘touched’ almost 100 different entrepreneurs. Touches include emails, voicemails, texts and face-to-face meetings [...]

Investor Referrals – HELP ME HELP YOU!

Remember that scene from Jerry Maguire where he tells his client, “HELP ME HELP YOU!” Each day I get a message from an entrepreneur asking for help finding an investor for his or her startup. The message goes something like this, “Working on the next big thing, can you refer me to a few local [...]

Should you share your idea?

You’ve got an idea for the next big thing, a new iPhone application that could change the world, and you’re looking for developers and/or looking to raise capital. You are not entirely certain where to turn so you reach out to local entrepreneurs who have ‘been there and done that’. I get calls like these [...]

Please quit asking me to sign your NDA!

Everyone in Dallas seems to be doing a startup and lots of these people call or email me to share their ideas with me. More than a few of these entrepreneurs ask me to sign an NDA before they are willing to ask for my feedback and/or advice. The quick answer is that I don’t [...]

Is Aereo legal but doomed?

This afternoon the folks from Aereo invited me and several other early adopters to lunch at the Ritz for their Dallas launch. The company has found a perfectly legal way of retransmitting over-the-air television via the internet to subscribers. The company is facing legal challenges by content providers, but they have successfully fought back each [...]

When should you raise money? NOW! [updated]

Garrett Camp, the co-founder of Stumbleupon, recommends, “Stay self-funded as long as possible.” I think I have been quoted saying the same thing, but over the past few years I have come to realize that you can wait too long to raise outside capital. When I founded LayerOne I raised money first and then built [...]

Coffee with Assistant City Manager Joey Zapata

Shortly after the City Council meeting on Wednesday I was surprised to get an email from Assistant City Manager Joey Zapata suggesting we meet for coffee. We met at Ascension yesterday afternoon and had an in depth conversation about the proposed updates to the section of the City’s code which regulates limousines and taxis. I [...]

#DallasNeedsUber Could be an Opportunity for Dallas

I’ve lived in Dallas almost my entire adult life, but until today I had never attended a City Council meeting. The meeting started off with a bang as a woman dressed in traditional African costume (along with an accompanist on drums) serenaded Mayor Mike Rawlings just before she accused the Sergent at Arms of ‘wanting’ [...]

Don’t ignore the elephant in the room

I’ve had the opportunity to speak hundreds of times to large and small audiences all over the world and I assumed I had seen everything – that was until today. When I arrived at the Samsung Mobile App Academy I learned that the event organizer had Photoshopped my slides to remove images of the Apple [...]

Are Accelerators Derailing Entrepreneurs?

What if the advice entrepreneurs are getting from mentors/investors who participate in accelerators is wrong? How is an entrepreneur to know which advice to follow and which advice to ignore? Fred Wilson is talking about mentor/investor whiplash in context to accelerator programs in his latest blog post. In it he answers the age old question [...]