Comments on: Advice capital http://www.buzzmachine.com/2006/02/20/advice-capital/ by Jeff Jarvis Mon, 01 Dec 2008 22:44:23 +0000 http://wordpress.org/?v=2.5.1 By: Heights Media Group | INTERACT » Archive » Understanding Advisory Capital http://www.buzzmachine.com/2006/02/20/advice-capital/#comment-361835 Heights Media Group | INTERACT » Archive » Understanding Advisory Capital Wed, 17 Oct 2007 03:28:22 +0000 http://www.buzzmachine.com/index.php/2006/02/20/advice-capital/#comment-361835 [...] George Lipper of the National Association of Seed and Venture [...] [...] George Lipper of the National Association of Seed and Venture [...]

]]> By: Jadyn http://www.buzzmachine.com/2006/02/20/advice-capital/#comment-353982 Jadyn Sat, 30 Jun 2007 20:00:55 +0000 http://www.buzzmachine.com/index.php/2006/02/20/advice-capital/#comment-353982 <strong>Jadyn...</strong> Computers Businesses and individuals alike have all grown to rely... Jadyn…

Computers Businesses and individuals alike have all grown to rely…

]]> By: VC Speak: Thoughts on Advisory Capital - The bridge between VC’s and Advisory Boards | VentureFiles http://www.buzzmachine.com/2006/02/20/advice-capital/#comment-30708 VC Speak: Thoughts on Advisory Capital - The bridge between VC’s and Advisory Boards | VentureFiles Mon, 27 Feb 2006 19:47:52 +0000 http://www.buzzmachine.com/index.php/2006/02/20/advice-capital/#comment-30708 [...] There have been other opinions on the subject here, here, here, here and yes, here. [...] [...] There have been other opinions on the subject here, here, here, here and yes, here. [...]

]]> By: BuzzMachine » Blog Archive » The VC Olympics http://www.buzzmachine.com/2006/02/20/advice-capital/#comment-30315 BuzzMachine » Blog Archive » The VC Olympics Thu, 23 Feb 2006 21:41:53 +0000 http://www.buzzmachine.com/index.php/2006/02/20/advice-capital/#comment-30315 [...] Fred Wilson does his Roone Arledge imitation as he doth protest too much about Stowe Boyd’s advisory capital post and my agreement with Stowe. Unless you have capital at risk or some other form of “skin in the game” like sweat equity, you cannot and will not feel the thrill of victory and agony of defeat that binds the VCs and entrepreneurs in startups. Capitalism works for a reason. Greed and fear are powerful forces. I have worked with many “independent directors” over the years. And they are often incredibly good directors who add value in all sorts of ways. But they don’t feel it in their gut the way the entrepreneur does. VCs, particularly the best ones, do feel it in their gut. And so they are there for the entrepreneur when they need it most, joined at the hip with the risk/reward belt. [...] [...] Fred Wilson does his Roone Arledge imitation as he doth protest too much about Stowe Boyd’s advisory capital post and my agreement with Stowe. Unless you have capital at risk or some other form of “skin in the game” like sweat equity, you cannot and will not feel the thrill of victory and agony of defeat that binds the VCs and entrepreneurs in startups. Capitalism works for a reason. Greed and fear are powerful forces. I have worked with many “independent directors” over the years. And they are often incredibly good directors who add value in all sorts of ways. But they don’t feel it in their gut the way the entrepreneur does. VCs, particularly the best ones, do feel it in their gut. And so they are there for the entrepreneur when they need it most, joined at the hip with the risk/reward belt. [...]

]]> By: Sebastian http://www.buzzmachine.com/2006/02/20/advice-capital/#comment-30308 Sebastian Thu, 23 Feb 2006 19:37:23 +0000 http://www.buzzmachine.com/index.php/2006/02/20/advice-capital/#comment-30308 Hmmm...I would've expected this to run with a 'Exploding VCs' headline. Big Old Dumb venture capitalists! Hmmm…I would’ve expected this to run with a ‘Exploding VCs’ headline.

Big Old Dumb venture capitalists!

]]> By: BuzzMachine » Blog Archive » Exploding advertising http://www.buzzmachine.com/2006/02/20/advice-capital/#comment-30178 BuzzMachine » Blog Archive » Exploding advertising Wed, 22 Feb 2006 15:54:52 +0000 http://www.buzzmachine.com/index.php/2006/02/20/advice-capital/#comment-30178 [...] But some in the ad biz get it and one who does is Rishad Tobaccowala of Publicis, who was the company’s chief innovation officer and today announced he’s starting a new company inside the ad giant to seek out and jumpstart innovation, to consult to advertisers and media companies, and even to invest — with advice capital – in startups like Brightcove. Here’s a Journal story about the company, called Denuo, and here’s a Rishad interview. (Full disclosures: I’ve become personal friends with one of the media thinkers in Rishad’s tank, Tom Tercek, and I’ve made blogboy spiels and business introductions for them — without financial gain, silly me.) [...] [...] But some in the ad biz get it and one who does is Rishad Tobaccowala of Publicis, who was the company’s chief innovation officer and today announced he’s starting a new company inside the ad giant to seek out and jumpstart innovation, to consult to advertisers and media companies, and even to invest — with advice capital – in startups like Brightcove. Here’s a Journal story about the company, called Denuo, and here’s a Rishad interview. (Full disclosures: I’ve become personal friends with one of the media thinkers in Rishad’s tank, Tom Tercek, and I’ve made blogboy spiels and business introductions for them — without financial gain, silly me.) [...]

]]> By: dda http://www.buzzmachine.com/2006/02/20/advice-capital/#comment-30004 dda Tue, 21 Feb 2006 14:13:33 +0000 http://www.buzzmachine.com/index.php/2006/02/20/advice-capital/#comment-30004 ]]> By: Gary Pick http://www.buzzmachine.com/2006/02/20/advice-capital/#comment-29981 Gary Pick Tue, 21 Feb 2006 03:36:19 +0000 http://www.buzzmachine.com/index.php/2006/02/20/advice-capital/#comment-29981 www.digital50.com , www.adn1.com http://www.digital50.com , http://www.adn1.com

]]> By: Gary Pick http://www.buzzmachine.com/2006/02/20/advice-capital/#comment-29980 Gary Pick Tue, 21 Feb 2006 03:35:57 +0000 http://www.buzzmachine.com/index.php/2006/02/20/advice-capital/#comment-29980 Catch 22. Get investment capital and lose some control. Don't get investment capital and lose expansion options that could mean the ultimate downfall of the company Catch 22. Get investment capital and lose some control. Don’t get investment capital and lose expansion options that could mean the ultimate downfall of the company

]]> By: Bradley Twohig http://www.buzzmachine.com/2006/02/20/advice-capital/#comment-29944 Bradley Twohig Mon, 20 Feb 2006 19:52:24 +0000 http://www.buzzmachine.com/index.php/2006/02/20/advice-capital/#comment-29944 There is an unwritten rule in the investment arena that I feel holds true for any budding entrepreneur: When you ask for capital you get advice and when you ask for advice you often get capital. I don't even think this is counter intuitive. Entrepreneurs who are flexible with their vision and adaptive to market conditions are the ones who investors want to put money behind. In addition they are often the ones who realize they have a lot to gain from the input of others. I don't think a person can have a "go-at-it-alone" personality and succeed. There is an unwritten rule in the investment arena that I feel holds true for any budding entrepreneur: When you ask for capital you get advice and when you ask for advice you often get capital.

I don’t even think this is counter intuitive. Entrepreneurs who are flexible with their vision and adaptive to market conditions are the ones who investors want to put money behind. In addition they are often the ones who realize they have a lot to gain from the input of others. I don’t think a person can have a “go-at-it-alone” personality and succeed.

]]> By: George Lipper http://www.buzzmachine.com/2006/02/20/advice-capital/#comment-29942 George Lipper Mon, 20 Feb 2006 19:36:07 +0000 http://www.buzzmachine.com/index.php/2006/02/20/advice-capital/#comment-29942 The challenge lies in the mismatch between the needs of worthy start-up entrepreneurs for relatively small amounts of venture funding and instititutional venture capitalists who cannot dedicate the time to justify dealing with small investments. Hense, we've watched a steady erosion of the share of venture capital (and therefore VC's time) directed to the seed and start-up stage to about 2% of available capital...while expansion and later stage investments claim 80%+ The challenge lies in the mismatch between the needs of worthy start-up entrepreneurs for relatively small amounts of venture funding and instititutional venture capitalists who cannot dedicate the time to justify dealing with small investments. Hense, we’ve watched a steady erosion of the share of venture capital (and therefore VC’s time) directed to the seed and start-up stage to about 2% of available capital…while expansion and later stage investments claim 80%+

]]> By: Rick http://www.buzzmachine.com/2006/02/20/advice-capital/#comment-29937 Rick Mon, 20 Feb 2006 18:49:49 +0000 http://www.buzzmachine.com/index.php/2006/02/20/advice-capital/#comment-29937 Sounds very 1999. I remember when B School professors were lining up to be advisors to dotcoms in exchange for equity. Sounds very 1999. I remember when B School professors were lining up to be advisors to dotcoms in exchange for equity.

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