Sramana Mitra: The basic discipline that growth is important and so is profitability went away in the early part of this decade. It’s starting to correct itself again. What happens in the minds of venture capitalists so that what seems like basic arithmetic suddenly disappears? David Blumberg: Over the last few years, we like to
Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Don Hutchison was recorded in October 2017. Don Hutchison is one of the most experienced and long-term Angel investors in Silicon Valley. We discuss the trends of the industry and ways to mitigate
Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with David Blumberg, Blumberg Capital was recorded in September 2016. David Blumberg, Founder and Managing Partner of Blumberg Capital, has been in the business for a long time, and we had a very interesting chat
Sramana Mitra: How are the entrepreneurs receiving this alternate thinking? Bryce Roberts: There’re two trains of thought. In the predominant Silicon Valley culture, the response tends to be, “Why would we do that?” They’re very indoctrinated into the idea of selling equity and getting on that successive round of funding to ratchet up the valuation.
Sramana Mitra: What denomination do you invest in and what stage? What do you require to see to want to invest? Bryce Roberts: For the first batch of companies we did, we had a pretty broad mandate. We were trying to figure out for whom this type of network and this type of resources made
Responding to a popular request, we are now sharing transcripts of our investor podcast interviews in this new series. The following interview with Bryce Roberts was recorded in August 2016. Bryce Roberts, Managing Director, O’Reilly AlphaTech Ventures (OATV), and Founder, Indie.vc, discusses the issues with the venture capital financing model, and explored alternatives. Sramana Mitra: You have
Sramana Mitra: I think this whole unicorn mania has been created by the sheer stupidity of the entrepreneurship media. They’re so driven by funding announcements. Every time somebody has a funding announcement, they run up lots of articles about the funding announcement. Entrepreneurs mistakenly believe that funding announcements are good. It’s not necessarily good. If
Sramana Mitra: One thing that I find very annoying of what venture capital allows entrepreneurs to do is ignore fundamentals. I think there is a very bad habit in venture-funded companies of ignoring fundamentals and delivering services at rates that are not sustainable. What are your thoughts on that? Dave Hornik: It’s bad investing. All