By guest authors Irina Patterson and Candice Arnold Jason: For the seed investment, there’s a sliding scale in that the better we think the entrepreneur is, the less validation we need in terms of user traction and business model traction. In other words, for us to back a PowerPoint, we have to think the person
By guest authors Irina Patterson and Candice Arnold Irina: How many entrepreneurs did you actually incubate? Jason: In the past 18 months, we’ve funded two PowerPoint presentations, roughly, where there was a great entrepreneur with an idea, but that was it. That’s a pace we’re comfortable with. We might accelerate. Irina: So, they came in
By guest authors Irina Patterson and Candice Arnold This is the fifty-first interview in our series on financing for entrepreneurs. I am talking to Jason Stoffer, principal at Maveron, a venture fund founded in 1998 by Howard Schultz, the founder and CEO of Starbucks, and Dan Levitan, the banker who took Starbucks public in 1991.