Startups

Food for thought at #StartupVic’s #pitch night | by Rory Manchee

There was something of a different flavour at Startup Victoria‘s pitch night for September — including the new beverage sponsors! — which may have been helped by the large crowd, and the more polished presentations (judging by the feedback). I will comment on each pitch in order of appearance: Studio Ninja is described as Client

Food for thought at #StartupVic’s #pitch night | by Rory Manchee Read More »

The Unicorn Hedge. There’s a Bubble… but it Ain’t in Tech | by Dave McClure, Practical Venture Capital

The Unicorn Hedge. There’s a Bubble… but it Ain’t in Tech | by Dave McClure, Practical Venture Capital

Everybody in the press loves to write stories about the next “Tech Bubble”. me too, kid. but they got stock symbols on ‘em, not horns. Of course, they all think they’ve seen this movie before — twice in fact, in 2000 and in 2008. They think they know the script. They think they know the

The Unicorn Hedge. There’s a Bubble… but it Ain’t in Tech | by Dave McClure, Practical Venture Capital Read More »

Thinking like a VC — What I learnt from putting 23 investors in a room | by Rohit Bhargava

Thinking like a VC — What I learnt from putting 23 investors in a room | by Rohit Bhargava

On the 26th of May, I put together an event (Unpitch) that matched 23 investors with 69 startups. Most conversations between startup founders and investors tend to be formal discussions, where startups are given limited time to pitch to investors or trying to catch investors at a hallway during an event, with the power dynamic

Thinking like a VC — What I learnt from putting 23 investors in a room | by Rohit Bhargava Read More »

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

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

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

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

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

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

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

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

Startup Victoria off to a great start! | by Startup Victoria

It’s been six months since Startup Victoria was launched to the fanfare of a $100,000 government grant, matching corporate sponsorships and generous individual donations. I decided to take a step back from my tech startup to focus on building the startup ecosystem in Victoria and I haven’t regretted it for a second. Melbourne is full

Startup Victoria off to a great start! | by Startup Victoria Read More »

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