Showing posts with label Venture capital. Show all posts
Showing posts with label Venture capital. Show all posts

Friday, July 1, 2011

Good VCs Have Always Had Good Ideas

"Ideas Creativas"Image by *r.s* Photography * via Flickr
There was a nice article yesterday in the New York Observer by Adrianne Jeffries titled "Steal This Start-Up! No Longer Content to Write Checks, VCs Are Giving Away Their Best Ideas".

The premise is that there's a new trend: venture capitalists are pitching entrepreneurs on ideas, instead of the other way around. I'm glad to see Jeffries call attention to this, but the thing is, I don't think it's anything new or surprising. Good VCs have always shared and pitched their ideas, especially to A-list entrepreneurs pitching them ideas with good "bones". Early-stage investors are not just silent financial backers; they're value-add collaborators. Part of that value-add is helping entrepreneurs tweak their business models, and to the extreme, helping them pivot (i.e. make a wholesale change in their business model).

Why are early-stage investors good at this? They see tons of "deal flow". So, it's no surprise that they have great ideas - their minds are constantly chewing on the aggregation of innovators' pitches.

As a matter of fact, if the VCs you're speaking with have no good ideas, that might be a cause for concern; they're either not the right VC, or your idea is uninspiring.
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Tuesday, March 10, 2009

About Blue Venture Community

[This was a test post I did while doing a live demo of Zemanta for the Blue Venture community Meetup on March 10, 2009]


Blue Venture Community (BVC) is a private community for Columbia students, alumni and employees interested in all aspects entrepreneurship. The group welcomes members from any school, sector or industry function (e.g., entrepreneur, VC, lawyer, etc.).

The Columbia University Coat of Arms, with its...Image via Wikipedia

BVC seeks to foster entrepreneurship by facilitating communication, providing access to resources and creating community. Through BVC members meet every few weeks to participate in an array of events. Event formats include idea incubation, demo events, educational panel and speaker events and happy hours.

Individuals must possess a Columbia email address to join.

This group is a privately operated group not affiliated with Columbia University.

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