Archive for the ‘fundraising’ Category

Add logs, pour fuel (VC money), light match (beta release day)

7, Jul 2010

I often bump into entrepreneurs while they’re in the midst of fundraising. I usually ask “why are you raising money?” and what I often hear is, “because we are running out of money” or “in order to quit my job and so I can hire 3 people” or something like that. The arguments often boil [...]

Unexpected Startup Lesson #3: Why You Can’t Read a VC

10, Jun 2010

This post is the third of a series on “unexpected lessons” learned through my experience as co-founder and CEO of Snapvine, a venture-backed mobile social networking service founded in 2005 and acquired by WhitePages in June of 2008. When I set out raising our first round of financing, I was excited to have the opportunity [...]

Unexpected Startup Lesson #2: Channel your Inner VC to Understand Startup Valuations

27, May 2010

This post is the second of a series on “unexpected lessons” learned through my experience as co-founder and CEO of Snapvine, a venture-backed mobile social networking service founded in 2005 and acquired by WhitePages in June of 2008. Snapvine was my first experience being in the driver’s seat of the fund-raising process, and in the [...]


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