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A Leadership Lesson from Trappist Monks that Made Me Rich

Great Leadership By Dan

What clinched the deal for me was the almost instant friendship I had developed with the CEO of the acquiring company. Then, only two months into the deal, the venture capitalists that controlled our board pushed out my friend and replaced him with a total stranger. A few weeks later the former CEO flew in to see me.

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It’s Time To Stop VCs Driving Entrepreneurship

The Horizons Tracker

When the term unicorn was first coined in 2013 by venture capitalist Aileen Lee, there were just 39 private firms with valuations and revenue of over $1 billion. This has made the once-fabled unicorn a much more frequent sight, with recent valuations hitting the frothy heights of 40-50 times revenue.

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We Recorded VCs’ Conversations and Analyzed How Differently They Talk About Female Entrepreneurs

Harvard Business Review

When venture capitalists (VCs) evaluate investment proposals, the language they use to describe the entrepreneurs who write them plays an important but often hidden role in shaping who is awarded funding and why. All told, we observed closed-room, face-to-face discussions leading final funding decisions for 125 venture applications.

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The Reality of What Makes Silicon Valley Tick

Harvard Business Review

embarked on a quest to develop the ultimate patch to the nasty bugs of humanity." Yes, visit the venture capitalists and the startups, but don''t overlook this other reality. Noisebridge photo by Dylan Hendricks, 2013. Some go away thinking they''ve seen a land of "technophilic gurus and futurists.

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Start-Up Capital Is Spreading Across the U.S.

Harvard Business Review

The chart below shows the number of first funding rounds by venture capitalists, and the total dollars invested. It confirms the fairly well known fact that early-stage venture capital deals are booming — the number of first fundings increased 150% between 2009 and 2012, before plateauing in 2013 and reverting some by 2014.

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Where There’s a Why, There’s a Way

Harvard Business Review

Costello founded and led for twelve years the prestigious Kauffman Fellows program, one of the world’s most respected private training programs for venture capitalists. Then, in 2013, she launched Portfolia, a platform that allows start-ups to raise money from the crowd, whether family, friends, or professional investors.

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How the Market Ruined Twitter

Harvard Business Review

As Johnson had described it in much more depth in a Time cover story a few months before, what made Twitter so promising and interesting and important was “the fact that many of its core features and applications have been developed by people who are not on the Twitter payroll.” billion in its 2013 IPO) that investors have plowed into it.