Way back in 1987 when I leapt from Thomson the publishing giant after a fantastic 5 year spell, to join Barrie Pearson, a one man band, M&A guru who was charging $1000 per hour (that’s $2440 in today’s money), I always believed the small guy could win. Today the...
Great piece in the WSJ Report yesterday based on Ewing Marion Kauffman Foundation research. Characteristics of an entrepreneur: Average and median age 40. 95.1% have bachelor’s degrees or higher. 47% have advanced degrees. Less than 1% came from extremely poor...
Emily Maltby and Sarah E. Needleman wrote an interesting piece in the WSJ last week capturing a worrying trend – the swapping of a start-up’s equity for services. For example I need legal services, web design services, accounting services but I don’t...
This post is inspired by a recent Jason Fried of 37 Signals post. It seems astonishing to me the amount of stuff that we now have at our finger tips that’s free – software tools, platforms, white papers, blog entries, Wikipedia, email, images,...
So I’m looking at the latest VC investment numbers, 3 months to June 09 and I’m thinking the VC world has lost the plot! Let me share with you some very simple numbers. My arms will not leave my body at anytime during this presentation. 2009 figures (3...