Venture capital
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Dead Valley is known to be the hottest place on Earth. Yet millions have traveled pass there on their way to Las Vegas. Venture Capitalists are also well versed in what’s so called “valley of death” i.e. when a start-up moved pass its honey-moon stage, and simply cannot sustain the burnt rate. Yet people keep trying. Then,…
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This Valentine Day, Vietnam dating scene will be scary! That is, if they picked “House in the Alley” for a date movie. Dan rented a house in District 3, and during the course of trying to find the right film treatment, discovered something about the house in the alley which he had rented (French villa).…
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The first advice was from Jobs, a college drop-out, in his commencement speech. The second, recently, was the gist of a NYT op-ed by Brooks. Those are mantels of would-be entrepreneurs. Where else can you find people who are willing to sleep (if at all) in sleeping bags and code for days on end, with no prospect of a pay…
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In business parlance, we call them “entrenchment” and “creative destruction”. Find a niche, dig in. By the time you crossed “valley of death”, someone had already elbowed in to eat your lunch. As Venture Capitalists scour the globe looking for “the” deal, they find new energy and risk-taking in places like Rwanda, Indonesia and Israel, the new “BRICS“. Emerged…