Archive for the 'VC/Funding Related' Category

Saying No

Posted April 22, 2008, 9:11am In: VC/Funding Related, Dragonfly R&D, Personal

I have to admit my favorite blog to read lately has been trumped by TechCrunch and is now Rick Segal. Onlookers would say that that’s because I have a personal investment on keeping tabs on Rick because I want to go after money for Karmba eventually… In fact, it’s much more simple. I find that Rick’s posts convey a lot of wisdom (not to mention common sense) that could be applied not only to the pursuit of venture capital, but everyday business and personal life as well.

Take, for instance, Rick’s post about The No Email Thread. One line in particular stood out.

your time is just as valuable (or more) than mine

Doesn’t sound like a there is lot of ego there. Despite Rick’s history - not to mention the fact that he and his team of mad scientists control the flow of millions of dollars - he still recognizes that time is valuable and tries to conduct his business affairs in such a manner.

I think that most people in this industry could learn a thing or two by checking their ego when they open an email or go to a meeting. Programmers especially are guilty of this. We build applications, engineer specifications and somehow it gets in our brain that we’re god’s gift to [insert your demographic here].

Your time is valuable, but so is the time of the people you’re working with. If you’re not interested in an RFP, a potential client, or a partnership, take a lesson from Rick and tie it off in a respectable manner so they can move on.

Kudos Rick. Keep it up.

Calgary VC Roundtable Location Confirmed

Posted April 8, 2008, 10:22am In: VC/Funding Related, Personal

When I first heard about the VC Roundtable that Rick Segal is putting on, I jumped to sign up with nary a thought.

Just got an email via eventbrite.com. Looks like we’ve got a confirmation on the location.

Now, if I could just figure out what the devil I’m going to wear.

TheFunded re: VCs

Posted April 3, 2008, 6:51am In: VC/Funding Related

I read an article on TechCrunch that summarized Adeo Ressi speaking at Next Web.

Now, there’s a dozen ways to skin a cat - a morbid metaphor if ever there was one - and it seems that everyone has something to say based on their experiences. Of course, some are more credible than others, but let’s try not to forget that these are opinions, not writ or law. I can point out a couple statements that would have some VC folk grabbing their pitchforks and going on a witch hunt.

It’s easy to forget that people that give advice, however good their intentions, might have their own agenda; surely the reason that thefunded.com was started is enough reason to take anything that Adeo says with a grain of salt. Don’t take what anyone says about receiving large sums of money as doctrine.

That said, I’m not saying that the multitude of things people say are wrong or right. Simply that it’s up to us, the founders, funded and those (like me) in between, to make up our own minds.