I posted the other day about holding an “open office hours” session at AlphaLab, and that happened yesterday and was a great success. I met with three local Pittsburgh entrepreneurs, two of whom I had met but not spent any significant time with, and one whom I had never met before. The interaction was great, [...]
I am a big believer in building the entrepreneurial ecosystem here in Pittsburgh, and of building my people network.
I have to make a trip out to AlphaLab later this week, and I decided to do something fun in conjunction with that trip. I am going to hold some “Open Office Hours” at AlphaLab for anyone [...]
Jon Cavell, aka the famous @BurgherJon, follows up to a post I made yesterday about the difference between accelerators and incubators:
@aveeck a follow up to your post this morning, how does the rise of accelerators impact the VC process? #AskTheVC
I think the proliferation of accelerators is a great boon to the entire startup economy, and hence to [...]
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Jon Cavell asked:
@aveeck, where do previously invested VCs usually stand on a sell now or raise more & go for IPO/Big Exit? (eg Groupon & $GOOG) #AskTheVC
I had a very similar discussion on the phone yesterday with one of the founders of yubiT, a group buying/couponing startup out in Seattle. As with so many [...]
The first Ask The VC question of 2011 comes from fellow Pittsburgh blogger Jon Cavell: “BurgherJon: @aveeck Ask the VC: What role does place/location (city, state, country) play in a VC’s decision processes?”
Short answer: unlike in real estate (location, location, location…) the location of a startup is far from being a large factor (increasingly so [...]
Another installment of Ask The VC, and yet another question from our friend, Paul Merrill:
dpaulmerrill: @aveeck also, given equal $, which more likely to be profitable sooner – venture or self-funded?
In theory, there should be no difference between how long it takes for a venture-backed startup and another startup, backed with founder’s or friends-and-family money, [...]
I put out the request for questions two days ago, and quickly got a handful that I will be responding to over the course of the next week. Please keep them coming!
The first question is from Paul Merrill on Twitter: ”dpaulmerrill: @aveeck is there anyway a founder can actually keep controlling interest in his comp [...]