11 Lessons From Venture Capitalist Fred Wilson

Not finding product market fit is fatal.

The most investment churn lies in companies failing. Keep reading here.

Andreessen Horowitz Is Blowing Up The Venture Capital Model (Again)

Andreessen Horowitz has just pivoted from a traditional venture captial fund to a financial advisory.

Read here on why by renouncing its venture capital status, it’ll be able to go deeper on riskier bets, and leave traditional VC’s with one hand tied behind their back.

The Servant Economy

The uber-isation of the American middle class jobs-to-be-done and how it’s performed to far.

Venture capitalists have subsidized the creation of platforms for low-paying work that deliver on-demand servant services to rich people. Keep reading here.

More Start-Ups Have an Unfamiliar Message for Venture Capitalists: Get Lost

Entrepreneurs are moving away from the venture capital business model of raising a lot of money as a means achieving growth, selling the company or going public.

For real innovation to occur you have to be able to make decisions for the good of the business, rather than it’s investors. Here is the story to it …

Should Executives Be More Like Venture Capitalists?

A guide for incrementally funding your experiments from David J Bland.

Read the full article here.

[The Internet of Value] What It Means and How It Benefits Everyone

Venture capitalist William Mougayar calls blockchain “the second significant overlay on the internet, just as the web was the first layer back in 1990”. When most people think of blockchain, Bitcoin instantly comes to mind. But the potential that excites Mougayar and many others goes far beyond financial transactions made using such digital currencies. It touches on what we at Ripple have for many years called “the Internet of Value.”

What is the Internet of Value?

Our vision is for value to be exchanged as quickly as information. Although information moves around the world instantly, a single payment from one country to another is slow, expensive and unreliable. In the US, a typical international payment takes 3-5 days to settle, has an error rate of at least 5% and an average cost of $42. Worldwide, there are $180 trillion worth of cross-border payments made every year, with a combined cost of more than $1.7 trillion a year.

With the Internet of Value, a value transaction such as a foreign currency payment, can happen instantly, just as how people have been sharing words, images and videos online for decades. And it’s not just money. The Internet of Value will enable the exchange of any asset that is of value to someone, including stocks, votes, frequent flyer points, securities, intellectual property, music, scientific discoveries, and more.

Keep reading here!

The 10 Things NOT To Do When Pitching a Venture Capitalist

This blog (follow this link to the complete / original post) is really a neat overview of things to keep in mind when pitching to a VC. It is actually complementing a previous post: “This article is […] about what I’ve learned pitching venture capitalists for Ellevest. While one might be tempted to try to avoid the VC path – and there are an increasing number of ways for entrepreneurs to raise money, such as angel groups and crowdfunding – for now, if you’re raising above a certain amount, you’re going to have to go the venture capital route. And I’m hoping that maybe – just maybe – VCs will work to up their game with women entrepreneurs, and so there will be greater funding opportunities. Some already are.”

What does Sarah look for in a pitch?

Pitching something might be hard – at least for the first dozen and more times. Here Sarah Guo (Venture Capitalist at Greylock Partners) is sharing really valuable and comprehensive insight on the topics, which are important to her. A really great 10-12 minutes read!