One of the things that keeps bubbling around in my brain as your talking is this incredibly rich ecosystem that we have here. Where we’ve got the successful entrepreneurs with the great track record. We've got the angel investors. We have the VCs. Of course we've got these talented students comin...
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God forbid that we let the lost people of this world out run us for the treasure in this world that are running for. We have eternal rewards in heaven and a true and mighty Savior! How much faster should be running then them? Oh so much faster! God help us! Grace Community Church www.gccsatx.com ...
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So would you invest in someone who had a failure who comes back to you again? Ron Conway: Of course: Mike Maples: I had a recent forward fumble in that regard. So the first investment I ever made when I moved out here was in a company called Odeo which is a podcasting company started by Evan Wi...
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Let’s imagine that we all had one big huge hit on out venture that we came to you with. Then now we've got our pockets full of cash. And we've decided that we want to become angel investors. What would we do to become good angel investors? It certainly just doesn't require the ability to write a ...
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But some companies, who I’ve learned is that if you keep your burn low and I think that this is a really important lesson not just about financing but just in general. Companies that have low burn rates by themselves hugely better probabilities are getting lucky over time. And so there have been...
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So let’s talk about the transition from angel investing to VC. Right, that's going to be an interesting transition point. I have a couple of questions related to this. One having to do with, do you have a situation where you get to the end and you think it's a go but you have difficult time gett...
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railway with its main terminal located in North Conway, New Hampshire. The railroad operates excursions of varying duration under two banners: the "Valley Train" which runs either south to Conway or north to Bartlett, and the "Notch Train" covering the line through Crawford Notch. GP7 #573 is th...
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We read the executive summaries. See if we like that. Then we have a phone conversation. And then we have a meeting. So the face-to-face meeting is getting more and more rare because the amount of deal flow is so high. I see five new deals a day. You can imagine I have to reject three a...
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So the question is balancing the founding team versus the idea. How important is each? Ron Conway: In my mind 80% is the founder team, 20% is the idea. A good idea is really a pre-requisite today. So when I look at entrepreneur, when I see a company it’s the founders that I'm judging. Their pe...
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So let’s imagine someone in this room is starting some new venture and their doing it in their dorm room. And they want to to get some angel funding, to get a little bit of escape velocity. How would they pick someone? How do you know someone's a good angel investor? What are the things I should...
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So that’s a great segue in the next question which is what do you do for the company? If you end up investing in this new venture that this whole class, we'd all brought to you with this idea, what are you going to do for us? Mike Maples: Well, number one write a check which is crucial. ...
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