A Disconcerting Lack of Hubris

Posted on 9th April, by josh in Uncategorized. 1 Comment

I agree with everything in @jasonfreedman’s outstanding blog post about raising seed capital in today’s environment.  I urge all seed stage entrepreneurs to give it a thorough read.

As Jason says, no investor should begrudge entrepreneurs for a strong fundraise in an attractive early stage financing market — but keep some perspective, this is a long game, and you can’t win it today at your seed stage financing.

I wasn’t able to make the YCombinator demo day this time due to a board meeting.  But For context of what I’m talking about, let me anonymize and share a representative email exchange from the previous demo day:

On Wed, Aug 24, 2011 at 1:24 PM, Josh Hannah <jhannah@matrixpartners.com> wrote:

Impressive presentation and interesting business.  Would love to learn
more, if you’d be up for a meeting?

Josh

Hey Josh,

We’d definitely love to talk!  We’ll look for … Read More »




From the Blog

Are Great Entrepreneurs Crazy?

 

 I’ve been thinking a lot about this exchange between two successful investors that popped up in my Twitter feed...

Regulation and Startups

 

This post originally appeared in PandoDaily.

How should entrepreneurs (and investors) factor the risks and challenges of regulation into their...

That’s a nice little $40M ecommerce company you have there. Call me when it scales

It will surprise a lot of entrepreneurs to learn that building an e-commerce business with $10 million to $20 million in revenues is not...