Author name: The Harmonic Times

late bloomer, not a loser.. (this post was originally published on… | by Dave McClure, Practical Venture Capital

(this post was originally published on svbtle.com on July 7, 2012) most of the time I think of myself as a failure. when I’m optimistic, I think maybe I’m just a late bloomer. I know a lot of folks won’t understand this perspective, but when I was growing up I was always the smartest kid

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Two Lithuanian startups begin the journey to success

Two Lithuanian startups begin the journey to success

Last week StartupHighway business acceleration fund successfully completed this year investment round. The investment agreements have been signed with two Lithuanian startups – BeScouted and InPeak. The StartupHighway investment portfolio manager Martynas Matekonis says, that the astonishing number of applications for the investment has been received this year. It is a good sign, according to

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99 VC Problems But A Batch Ain’t One: Why Portfolio Size Matters For Returns | by Dave McClure, Practical Venture Capital

99 VC Problems But A Batch Ain’t One: Why Portfolio Size Matters For Returns | by Dave McClure, Practical Venture Capital

Abstract: Most VC funds are far too concentrated in a small number (<20–40) of companies. The industry would be better served by doubling or tripling the average # of investments in a portfolio, particularly for early-stage investors where startup attrition is even greater. If unicorns happen only 1–2% of the time, it logically follows that

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Bubble, My Ass: Some Unicorns Might Be Overvalued, But All Dinosaurs Gonna Die. | by Dave McClure, Practical Venture Capital

Bubble, My Ass: Some Unicorns Might Be Overvalued, But All Dinosaurs Gonna Die. | by Dave McClure, Practical Venture Capital

Summary: pundits argue billion-dollar startups are overvalued, but few realize why public company valuations might also be too expensive. Traditional P/E ratios of 15–20+ are likely too optimistic, relative to how long the future cash flows and operating margins of big dumb companies can be sustained. Unless they innovate more rapidly (or acquire their internet

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Engineering Minimum Viable Inspiration. | by Dave McClure, Practical Venture Capital

Engineering Minimum Viable Inspiration. | by Dave McClure, Practical Venture Capital

aka: do you give a Shit + can you get others to give a Shit. as a founder, it’s easy to lose focus on what job(s) we’re supposed to do. sometimes it’s all rainbows & unicorns: designing and building product, marketing and selling, recruiting the team and raising money. other times, it’s a bowl full

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Lights, Camera, Nation-State! Bollywood’s choreography of India’s national public consciousness – Senses of Cinema

Lights, Camera, Nation-State! Bollywood’s choreography of India’s national public consciousness – Senses of Cinema

Almost universally in the postcolonial world, the patriotic film genre is loved and makes money. Nationalism, indeed, is an entertainment favourite – featuring a gratuitous nostalgia of violence, a fervent love for the nation-state, and celebrity power – fashioned by [real or imagined] digital technology in an arms race.  In India, cinema is one of

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