“The worst mistake we made at Moreover was to raise too much money. The Bay Area prides itself on the sophistication of its investment structure, but most of the successful Web 2.0 ‘exits’, from a founder perspective, have been non-Bay Area companies or ones that didn’t raise too much cash.”

“On issues like war crimes, torture, toxic dumping and stifling freedom of speech, corporations like Coca Cola, Chevron and Philip Morris are way out ahead of the rest.”

“Welcome to the second part of my Small Biz 101 series. For those of you who didn’t catch the first article, How to Get Started, this series is a simple guide for helping people start their own web-based company, based on my experience with Carson Systems… My university degree in Computer Science didn’t include any business training, so I’ve learned everything by trial and error. One of the biggest lessons I’ve learned is this: Your company cash flow will be the first thing to put you out of business.”