During this week’s roundtable, we had Gus Tai, veteran Venture Capitalist and a close friend, in conversation with me on why the Venture Capital industry needs to shrink in size. We kicked off the conversation with a couple of charts showing the trajectory of the industry over the last decade and analyzed the trends. Clearly,
Is there bias against women entrepreneurs in the tech industry? Maybe, maybe not. I don’t believe it would hinder you if you stick to the Bootstrap First, Raise Money Later strategy. The media promotes funding as the holy grail. The VCs want you to believe that Entrepreneurship = Funding. No. It isn’t. Entrepreneurship = Customers