I have been involved in a lot of fund raising over the past couple of years, both for my own deals, and as an investor in other folks' deals. The emphasis tends to be on the total amount raised. However, as Alejandro Cremades says in his article, "How to Find a Lead Investor," sometimes finding a lead is the most important step toward also finding the total amount of investment you seek.
Read MoreThe real challenge for a #Dreamforce18 newbie like myself is scheduling… Just how is it conceivable to hit as many relevant sessions as possible, work in the @Salesforce Customer Success Expo and hands-on training, meet with industry leaders and attend client mixers, and still have some time to eat and sleep?
Read MoreThe question is, “how much money is F-U money to you?” I hesitate to define the question—part of it’s charm is it’s ambiguity. Nevertheless, it should be obvious that at least part of the ask is about how much money you think you need not just to get by, but to defiantly do what the hell you want.
Read MoreWhen I read this article by Richard Florida, entitled “The Global Tourism Backlash”, it reminded me of my own master’s thesis at George Washington University about the negative effects of international tourism on small Caribbean island nations. Back then, as now, tourists can overrun places, affecting the local culture, environment, transportation and economy. Back then, as now, tourism can also be a boon to the local economy and a force for positive change. These arguments are similar to those concerning the effects of urban gentrification. I can’t help but believe these conversations are also a backlash against the borderless world spawned by post- WWII globalization and the new fluidity of our urban and cultural boundaries. How can we maintain the benefits of this fluidity without turning every place of history and art into a theme park, or hipster watering hole? Who has the right to benefit (financially) from this? What happens when more than half of the planet, recently deemed “middle class or more” has the resources to travel to your city to see your great sites, clog your roads, and generally misbehave?
What rights must we have to maintain some semblance of “order”. Who is “WE” , anyway? And who are “THEY”?
Read MoreA lot has been written about the virtues and independence associated with being a small business owner. However, comparatively little attention is paid to the instinct of “going with the flow.” After all, entrepreneurs are usually Type A control freaks. However, being on and part of the water in a small boat will eventually inform you that you are not the thing, but rather just part of the process, and your job is often just to keep everything afloat and moving forward in the right direction.
Read MoreA lot of people I know are sick of hearing me say, “I hate attending investment pitches”. Those same lot of people will also hear me say, “I don’t watch Shark Tank. It makes me nervous.” While I appreciate the entertainment value of good pitches and also the fact that this seems to be the most accepted way for Founders to present their story to investors, pitches have become “the deal”. No. The DEAL is “the deal.” Can we just skip to that?
So with this surly attitude I sat down one day to hear Brittany Hill’s pitch her start-up SaaS platform, Catalist (www.gocatalist.com), which helps connect “companies with causes.” Within five minutes, I realized I was looking at something which could be truly transformational. Catalist uses the latest technology to bring nonprofit fundraising into a more modern era, and at the same time, employs the latest algorithms and data analytics to help corporations’ CSR (“corporate social responsibility’, i.e. their charitable giving programs) measure the impact of their efforts and also find new non profits which more closely aligned with their branding, customer base and mission.
I liked it so much I invested! However, my greatest hope is that Catalist will help great causes raise more money to have more far-reaching impact.
Read More“All great restaurants are manifestations of their place and time,” said Buley. He continued, “What purer manifestation of place than heirloom grains that only grew here?”
Read More"Texas politicians' position should be to improve and prolong Nafta, but they seem to be trying to show party solidarity, and are not speaking up." -Ray Brimble, in a recent article by BBC news
Read MoreI love Toms Shoes LLC. I thought their original business plan was enlightened and impactful. The person(s) in charge of their giving program around the world, Jessica Shortall, is one of my favorite people in the world. Toms has been upheld as the best example of dynamic social impact investments. So what the hell happened? This article takes a look and may serve as a warning to all of us commercial/social impact do-gooders, as well as those of us who like to invest in proven social impact businesses.
Read MoreFor a company to grow, it first must understand the components that actually drive the growth of its value.
Once a KPI target has been set, dive into the characteristics of the users to understand the perfect client profile.
To sustain growth, measure the actions that correspond to user retention and focus on them going forward.
Read More“Global trade skills deficit”, reads the headline!
What a disconnect between reality and the sordid political discussions on the subject of world trade. Global trade seems to be the “bad guy” these days, even though it has brought tremendous prosperity to way more Americans than those who have unfortunately had their jobs shipped to China (and for sure, that has happened too).
Here is the fact, and the deal. If you are a student and want an interesting and well paying job, think about studying international trade.
Read MoreOne of the most important, and accurate pieces of advice anyone every told me was, “90% of success is showing up, and suiting up”. When I first heard this 30 years ago, I smirked and replied, “Wait! You mean all I have to do is bless any person or occasion with my own presence, and whatever I want to happen, will happen?”
Read MoreTo be clear, I’m not talking about “simplified” agreements with fewer words, better headings, and cleaner fonts. I’m talking about a contract that a high schooler could understand with zero context or explanation. As Robert Eagleson, a scholar on the topic, has put it: Plain language “lets the message come through with the greatest of ease.”
Read More20 years ago corporate social responsibility (CSR) might have been considered a "feel good" duty for most businesses. Today, it is increasingly a necessary part of each corporation's shareholder value proposition. With this statement, the world's largest investment fund makes the path forward more clear.
Read MoreThis article from John Cutler puts "meat on the bones" of the discussion of what it takes to move your organization into the lean and agile zone. I particularly like the first point, "be prepared to focus and do less at once" as it flies in the face of a common misconception, that multitasking is the way to go.
Read MoreIs venture capital right for social ventures? Unfortunately, there is no black-and white answer to this question. However, under specific conditions, venture capital can be a good fit without putting your mission at risk.
Read MoreThe goal is to create a space with unlimited capacity for sharing information and building interaction. We know that we’re part of the great big Planet Longhorn.
Read MoreI had the occasion to overhear both of these stories in a “ Forest Gumpian” fashion as I just happened to be around the tellers. The first is from Forest Gump himself, Tom Hanks, who spoke recently at the Texas Book Festival.
Read MoreThose clouds in the horizon? Just a few thundershowers. Launch the boat! A little rain never hurt anybody!
Read MoreHaving a tight group of board members allows you to convene a board at the drop of a hat and make informed decisions quickly.
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