The past few years have seen an incredible explosion of the creation of unique content…
Entrepreneurship
The world seems more volatile than ever before. There’s an explosion in the number of issues, combined with an ever-accelerating news cycle to cover each issue 24 hours a day. Much of today’s uncertainty can impact start-ups… When will the US government shutdown end? Are we heading into a US-China trade war? Will both of […]
The past few years have seen an incredible explosion of the creation of unique content…
Enterprise SaaS has seen tremendous growth over the past decade and created many, many large…
The world seems more volatile than ever before. There’s an explosion in the number of issues, combined with an ever-accelerating news cycle to cover each issue 24 hours a day.
Much of today’s uncertainty can impact start-ups… When will the US government shutdown end? Are we heading into a US-China trade war? Will both of those events trigger a recession after a 10-year economic expansion? And if there is a recession, will there be less venture capital available for start-ups in 2019?
It’s all too easy to lose sleep and get sucked into discussing these issues ad nauseam. But, the reality is that nobody knows the answers. So instead of spending cycles on things that are outside of your control, focus on what you can control.
Everyone is looking for advice for during these uncertain times. The most important thing you can do is to build the best product that your customers love and hence, will be more likely to pay for no matter what the economic realities are. You should also watch your burn rate and the amount of capital in the bank.
For later-stage start-ups, it’s always advisable to have a Plan B on how to get to profitability with existing cash in case funding markets dry up. And a bunch of our portfolio companies went out for their next funding event earlier than they had originally planned, in order to put additional money in their coffers in case the economy turns south.
The bottom line. Don’t get bogged down in predicting things that simply cannot be predicted right now. Focus on what you can control: build the best product you can and watch your cash.
Data / AI / ML
This November marks three years since the launch of ChatGPT. That moment brought AI into the mainstream, with large language models (LLMs) seen as the breakthrough technology powering it. Since then, innovation in AI has been relentless — perhaps one of the fastest cycles we’ve ever witnessed in tech. It’s worth pausing to reflect on […]
It’s hard to believe that it has been three years since my first day at…
“It takes 10 years and $30m to become a great investor.” This quote has stuck…