Entrepreneurs often ask, “when is the right time to raise capital?” Generally, they are asking about the best timing for approaching venture capitalists and/or professional angel investors for a new equity financing. I think there are really only three answers to this question, though there are nuances to each answer: To accelerate growth: You are […]
Tips for Hiring Great Developers
Perhaps the most common and vexing problem that many technology companies face today is finding good developers. I have worked with a variety of companies over time, some of which have been more successful than others in the war for coding talent. I’ve also gotten great input from Lucas Nelson, my colleague at Gotham Ventures […]
The People vs. Inefficiency
I started writing this blog from the hallway outside a courtroom at 100 Centre Street in Manhattan, on lunch break on the first day of a criminal trial for which I was selected as a juror. As any of you who have served on a jury, or have watched CSI, Law & Order, or Night […]
In Support of Self-Driving Cars; in Buildings and on Roads
Have you ever been in a manually-operated elevator? The kind with the lever that you push one way to go up and another to go down? If you have, there was probably an elevator operator in the cab. After all, you wouldn’t want just anyone controlling the elevator. Although it’s pretty tough to create life-threatening […]
It’s About Time
My wife occasionally asks me for recommendations for technology products – consumer electronics, software, apps. I spend all day immersed in new technologies and she doesn’t, so this is one topic on which I can actually be helpful in many cases. But I was stumped by her latest request. She asked me for a product […]