18th
November
2005
“There’s been a lot of talk in ‘design thinking’ circles about how the practice of design needs to do more to inform business. You won’t get any disagreement from me. But I haven’t seen a lot of talk of this being a two-way street. We seem to think business folks should appreciate the value that design brings, but we don’t expect designers to appreciate the value that business brings.”
posted in Business | Permalink |
18th
November
2005
“I had the following conversation recently. Entrepreneur: ‘Brad, I just got an offer for my company for $15 million from Company X.’ Brad: ‘Awesome. Who’s Company X, I’ve never heard of them.’ Entrepreneur: ‘It’s a private company funded by Venture Firm Y.’ Brad: ‘Cool, $15 million — is it a cash deal?’ Entrepreneur: ‘No, it’s all stock…’”
posted in Finance/VC | Permalink |
18th
November
2005
“Entrepreneurs often ask me for a sample business plan they can use as a model for their fundraising efforts. They are surprised when I send them a powerpoint file.”
posted in Entrepreneurship | Permalink |