A VC’s Tale in Five Shoes
If you actually know me, you know I have a bit of a shoe obsession. If you are old enough to remember Imelda Marcos’ closet, just know she has nothing on me. My obsession started pretty early, as I...
View ArticleOn New Year’s Day – Cash Flow is Blood Red, Sigh!
Hi All, every year I like to rip off a holiday song for my closing blog post and this year is no exception. I decided to go with a New Year’s song rather than Christmas (Hanukkah is no good because...
View ArticleThree Essential Questions That Entrepreneurs Must Ask Investors
Two weeks ago my blog post was directed to investors (and by implication, to entrepreneurs) and encouraged them to ask three essential questions before making an investment in a healthcare company,...
View ArticleUnraveling the Magical Mystery of Valuation Math – How Do VCs Price Private...
In the venture capital class I teach at Haas, the one topic that never fails to confuse is valuation, or how a private company is valued in an investment transaction. I’m not sure if it’s because math...
View ArticleThe End is Near, The Future is Bright
“Life can only be understood backwards; but it must be lived forwards.” ― Søren Kierkegaard A few blogs back I wrote about valuations, how they are determined and how crazy they have been. In that...
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