the dumbest thing to do in a competitve environment is to compete on price (that was one of the first lessons in marketing during my MBA – along with: if you are the market leader don’t compare yourself to the runner ups or mention them in your ads!)
fred wilson has an interesting post on the topic: A VC: Competing on Price
interesting insights and thoughts: The Perfect VC: Operator or Investor? (by bill burnham, general partner at softbank one of the largest tech vc worldwide)
this is the original background story to this entry
my experience so far has been similar: OnlyOnce: How to Negotiate a Term Sheet with a VC (Updated)
interesting point of view but seemingly correct (if judged by the comments):A VC: Overfunding Companies
hmm, so who is really the better vc? someone with a strategic/operations background or a pure “finance wiz”? you be the judge yourself: Om Malik on Broadband: Who makes a Perfect VC: Operator or Investor?
i cannot really make up my mind. i have seen all: good vc’s with finance or operations background and bad vc’s with finance or operations background
very sobering if you ever thought about your own business…
interesting article on what it really takes to be an entrepreneur: Seth’s Blog: And from the Russian judge…
12 rules that will make every entrepreneurs life easier: Feld Thoughts: Financial Fitness for Entrepreneurs
this blog entry by avc is very interesting, especially for europeans: A VC: Bored of Directors (Continued).
it would be interesting to think about setting up a similar type of situation here in european companies because the board of directors and the supervisory board is simply not the same!
and here is a follow up to fred’s post: OnlyOnce: The Good, The Board, and The Ugly – also an interesting read!
note to myself: i gotta figure this trackback thing out!