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Tag: #LaconiaVentures

What Do Quicky Vegas Weddings and VC Funding Have in Common?

What Do Quicky Vegas Weddings and VC Funding Have in Common?

Image by Dariusz Sankowski from Pixabay

Back in 2010, Mark Suster penned a blog post entitled Invest in Lines, Not Dots and like many investors, Suster has sat on both sides of the table. It a must read for entrepreneurs, especially if you plan on raising money from investors, now or any time in the not-too-distant future, or ever. It’s also a great explanation of the importance of establishing relationships with investors before you need the money – and gives you something of an idea of a good investor’s mindset.

Why can’t investors simply understand what a monster company you’re building and just write the bloody check?

As Suster points out, “We want to make sure we’re in love. This sometimes frustrates entrepreneurs who just want to “get back to running the business.” But if you understand it you’ll see that it is perfectly rational and it should also influence how you form relationships with investors. And remember, if we get married you’re stuck with us, too.” Read More...

Are we witnessing the waning days of Web 2.0?

Are we witnessing the waning days of Web 2.0?

Jeff Bezos lost as much as $14 billion in personal wealth during a brutal day for Amazon stock. Reported TheStreet.com, “The Nasdaq fell 4.1%, led in part by declines in the mega cap FAANG stocks. Facebook (FB) , Alphabet (GOOGL) , Netflix (NFLX)  and (AAPL) were down 4.13%, 5.06%, 8.38% and 4.63% respectively.

Amazon (AMZN) stock fell into correction territory, falling 6.15% on Wednesday and almost 14% since reaching a record high of $2,039.51 on September 4. Stocks are defined as being in correction territory if they decline between 10% and 20% from a bull market high. Read More...

The Wright Brothers Didn’t Have a Pilot’s License and More Sage Advice from Investors

The Wright Brothers Didn’t Have a Pilot’s License and More Sage Advice from Investors

Some investors put a lot of stock in startups or founders who have subject matter expertise. Jeanne Sullivan, founder of Starvest, loves to hear from founders who are doing something totally new, in which case, how can you be a subject matter expert. After all, as she said, “the Wright Brothers didn’t have a pilot’s license.“

We host a breakfast every two weeks with one investor and a small group of entrepreneurs. We prefer this over filling the room with 100-400 people, as investors tend to say things in a smaller group and impart information that might not come out during the Q&A in a larger group. Since it’s summer and many of the investors are away – which means that we’re only hosting one breakfast in July and one in August – we felt that this might be a good time to share some of the information that they’ve share with us (and the attendees) with you: Read More...