Tag Archive: Fred Wilson

  1. 6a00d83451b2c969e2017743a10470970d-500wi
    by Angie Chang

    The Power Of Diversification (Investing In Startups)

    You need to make enough investments to be confident that you will get at least one big winner. And so that means making enough bets.

    By Fred Wilson (Managing Partner, Flatiron Partners & Union Square Ventures)

    Investing in startups is risky. If you make just one investment, you are likely going to lose everything. If you make two, you are still likely to lose money. If you make five, you might get all your money back across all five investments. If you make ten, you might start making money on the aggregate set of investments.

    The math behind this is pretty simple. If you assume that the average startup has a 33% chance of making money for the investors, a 33% chance of returning capital, and a 33% chance of losing everything and that only 10% will make a big return

  2. gotham.gal
    by Angie Chang

    Life Is All About Decisions

    “It is the women running this country but they are the wizards behind the curtains. It is time for women to come out from behind the curtain.”

    By Joanne Wilson (Blogger & Angel Investor, Gotham Gal)

    Life is about decisions. We are a country that does not embrace women the same way we embrace men. I see it first hand every day.

    That is one of the reasons I invest in women. Not all my investments are women driven but I’d say about 85% of them are. It is more difficult being a woman than a man because if we have children we think about our 14 year old being home and agonize over it in a way that most men that I know do not. No offense to men, it is just not in the forefront of their brain. And if we aren’t married and choose to not go that route, we are looked at in a different light too.

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    by Angie Chang

    The Board Of Directors: Board Chemistry

    The importance of chemistry in your startup’s board of directors.

    By Fred Wilson (Managing Partner, Flatiron Partners & Union Square Ventures)

    One of the least discussed elements of a Board of Directors is the chemistry among the Board members. It is critical to a well functioning Board but not always considered in Board construction.

    Like a well functioning startup or a top flight sports team, the chemistry between the participants on a Board must be strong. That doesn’t mean they need to be best friends who hang out with each other outside of the job. It does mean they must respect each other and lean on each other’s strengths to get to the right decisions.

    When you are building a Board, you must think about

  4. we_logo_5
    by Angie Chang

    Musings Of A VC In New York: Women Entrepreneurs Festival

    By Fred Wilson (Managing Partner, Flatiron Partners & Union Square Ventures)

    A few weeks ago, I spent the day at NYU ITP at the Women Entrepreneurs Festival. This is a one day event put on by The Gotham Gal and her friend Nancy Hechinger who is on the faculty at NYU ITP.

    In its second year, the WE Festival features a day of panels and talks featuring women entrepreneurs. Men can attend and do, but the stage is filled with women all day long. It’s a very different experience from the typical startup/tech event and I highly recommend it to anyone who is eager to see more women doing startups.

  5. joanne_wilson1
    by Angie Chang

    Joanne Wilson: An Angel Who Bets On Women-Led Companies

    By Suzanne Axtell (Technology Evangelist, O’Reilly)

     

    Blogger, mother, foodie, and hardcore New Yorker Joanne Wilson (@TheGothamGal) is one of a few female angel investors.

    Her approach to investing is unabashedly women-centric.

    As she explains in the following interview, she’s a believer in the power of the startup ecosystem to influence the economies of New York and beyond.

    Suzanne Axtell: What inspired you to move into the venture capital (VC) space?

  6. BS
    by Angie Chang

    Case Study: Balance Sheet and Statement of Cash Flows (Part 2)

    By Brad Feld (Managing Director, Foundry Group)

    Editor’s note: This is a continuation from last week’s introduction to cap tables.

    When we were last with our SayAhh cofounders, they had implemented an accounting system and Jane had contributed $50,000 for a 55/45% equity split. This week we introduce two of SayAhh’s key accounting documents: the Balance Sheet (BS) and Statement of Cash Flows (SCF) showing how this investment is accounted for.

    The investments by the founders created two transactions. Since SayAhh is a C corporation that is incorporated

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    by Angie Chang

    A VC: Fred Wilson on Building Mobile Startups with Founder Labs

    By Ana Hevesi (Team Member, Founder Labs)

    Union Square Ventures partner and Founder Labs mentor Fred Wilson has worked closely with early stage companies for years. We caught up with him at his office to talk about his investment philosophy, the startup ecosystem, team dynamics and mobile startups.

    Founder Labs: What do you think some of the key areas for growth are in startups generally, and in mobile?

    Fred Wilson: There’s so much opportunity out there, its kind of hard to give you a couple of specific interesting categories, but in mobile, the most interesting applications on the market today are ones that can deliver an experience on a mobile device that you couldn’t have had on a desktop or laptop, whether that’s a geo-located experience, real-time, or one that takes advantage of the capabilities

  8. 3858427375_6b311681cf_z
    by Managing Editor

    Never Been a Better Time for Women Entrepreneurs

    By Wendy Tan White (Founder & CEO, Moonfruit)

    It’s been a great 12 months for our business, taking a $2.25M Series A round from Stephens(US) for international growth, backing from Silicon Valley-based 500 Startups, relaunching Moonfruit to focus on SMB’s who expect better DIY design tools to build better designed websites, record revenues and the Everywoman Entrepreneur of the Year award. There has never been a better time to be a women entrepreneur, get out there and set up your own business!

    Women-led firms are the fastest growing sector of new venture creation in the US. The trend is international, in Brazil there are more female than male entrepreneurs and China has created half of the female billionaire entrepreneurs globally a direct result of women’s economic empowerment. I believe there is also growth opportunity for women in the UK. As business owners, women in the UK still have a lot of ground to make up on our American cousins.

    Recent statistics have shown that if the UK had the same level of female entrepreneurship as the US, there would be approximately 600,000 extra women-owned businesses, contributing an estimated additional £42 billion to the economy. To put it into perspective, with businesses started by men in the UK too, an extra 150,000 start-ups would be created per year if women were to meet their number of businesses started.