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MainStreet: Free Money for Startups
Saved by sari
The best deals are typically not on platforms like AngelList or at incubators like Y Combinator or 500 Startups. The best deals never see the light of day. They’re quickly filled by insiders who are sharing deal flow, and by elite founders with killer startups tapping their existing network. This is why it is critical that you build a deal-sharing
... See moreThe gamble paid off. Despite Stanford’s success in persuading two institutions to withdraw their oral commitments to Benchmark’s fund, other investors stepped forward and the partners secured the $85 million in institutional capital that they had announced they would raise. At Bob Kagle’s urging, the partners started business by giving their secret
... See moreMost of us don’t have three or four decades to build our fortunes. We want to do it in five to ten years, which I think is a reasonable window if you read this book and do what I tell you. If you compare businesses made from atoms (brick-and-mortar shops like Starbucks and McDonald’s) to businesses made from bits (software), there is no comparison.