tag:blogger.com,1999:blog-11070369.post7851516567384536918..comments2023-07-21T02:52:18.613-07:00Comments on Entrepreneuria: Entrepreneurial Paradise Lost?Tourajhttp://www.blogger.com/profile/13273031824434449278noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-11070369.post-78823682343703886122010-09-20T08:29:56.608-07:002010-09-20T08:29:56.608-07:00@Dave and @Julie,
Thank you both for your though...@Dave and @Julie, <br /><br />Thank you both for your thoughtful responses. <br /><br />I agree with you Dave that VCs and Super Angels can theoretically co-exist in a "stage dependent" approach to financing, but I think the filtering you put on top of your deal funnel and the entrepreneurial traits you look for will yield to selecting very different kind of portfolio companies. <br /><br />And @Julie, I totally hear what you are saying. Traditional investors have been very reluctant to put much emphasis on social change, as their performance is purely measured on financial returns. That is starting to change with the likes of Omidyar Foundation and more socially-aware investment firms.Tourajhttps://www.blogger.com/profile/13273031824434449278noreply@blogger.comtag:blogger.com,1999:blog-11070369.post-31859726099067065182010-09-20T07:02:08.995-07:002010-09-20T07:02:08.995-07:00i liked this post too and rarely do I comment on b...i liked this post too and rarely do I comment on blogs, but I've been consumed in thought these days about todays startups and entrepreneurs, VCs and Angels and trying to understand where of if any importance is placed on "integrated philanthropy" in the business plan, funding, or part of the long term goals. <br /><br />In other words, in addition to the "financial independence" the "journey" the "control of ones destiny" the "overcoming of (personal/professional) limitations" how important is making a positive social impact in the world when developing/running/investing in a new company or venture?<br /><br />Examples: The likes of Salesforce.com Foundation formed at the birth of salesforce to grow and be a part of the corporate culture and ensure nonprofit, NGOs, social good organizations are successful through their use of the donated CRM product, the employees, and grants (1/1/1 model). Or like John Wood of Room to Read - who left a phat job at Microsoft to ensure that "World Change Starts with Educated Children" and founded his successful nonprofit driven by his passion of education not just $$$ he was making for/at microsoft. Or the growing movement of BCorps forming which uses the power of business to solve social and environmental problems...<br /><br />My question: Is social impact (beyond "cause marketing" or "check writing") an important aspect to VCs or Angels when investing in new business ideas?Anonymoushttps://www.blogger.com/profile/12347086885671476253noreply@blogger.comtag:blogger.com,1999:blog-11070369.post-24958153514024724872010-09-20T00:53:46.481-07:002010-09-20T00:53:46.481-07:00nice post Touraj.
certainly agree we shouldn'...nice post Touraj.<br /><br />certainly agree we shouldn't over-focus on size of outcome.<br /><br />there are plenty of other areas to emphasize diffs between Big VC & SuperAngels, altho should be noted the two aren't in direct competition as much as in diff parts of the overall startup financial ecosystem.<br /><br />prob more relevant is the more-likely operational and/or entrepreneurial background by many SuperAngels -- which is better suited for solving early-stage product & marketing issues than large VCs with MBA/finance bkgrds & later-stage focus on organizational growth & balance sheet financing.Dave McClurehttp://500startups.comnoreply@blogger.com