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Investing

Business Strategy

Entrepreneurial Toolkit #4: Taste the Cash Burn

July 8, 2008

Whether you run a startup (pre-revenue and running on fumes), a larger, later stage company (with actual revenues and earnings) or even a public technology company, the topic of cash should never be far from your consciousness. And, it goes without saying that keeping tabs on cash is generally even more germane in social enterprises.

For many early stage entrepreneurs, skilled

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Business Strategy

Entrepreneurial Toolkit #3: Embrace Change

June 28, 2008

Successful entrepreneurs must push themselves to develop a set of, often seemingly contradictory, business and life skills. We’ve already talked about fearless passion and not drinking your own bathwater.

Today, we’ll expand on a skill that is becoming ever more important in these times of rapid technological, social and business evolution — the need to embrace change. In my own

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Entrepreneurism

Entrepreneurial Toolkit #2: “Don’t Drink Your Own Bathwater”

June 11, 2008

In the tech heyday of the mid-1990’s, my favourite US investment banker, Mark Slater (formerly of Hambrecht & Quist) had a strategy to avoid CEOs that, as he so eloquently put it, “Drank their own bathwater”. Mark had identified the tendency amongst CEOs, even entire executive teams, to become so satiated with the power and glitz of riding the

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Investing

Indigestion from “Half Baked” Mobile Web Browsing

May 21, 2008

Yesterday, Chris Sacca (ex Googler extraordinaire, investor in the likes of Twitter and recent Tech Leadership Conference Keynote speaker) shot a provocative salvo across the bow of the Twittosphere. Many times Twitter is a true belwether, capturing the pulse of market dynamics. And, although saying this might not go down well in Waterloo, it struck a chord with me.

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General

Startups: A History of Location

May 13, 2008

In today’s knowledge-based economy, much discussion centres around the importance of clustering. For example, in financial services, cities like New York, London and Toronto have all benefited at the expense of smaller rivals (eg. Philadelphia, Paris and Montreal or Vancouver). Likewise, as entrepreneurial technology startups have spread around the world, the Silicon Valley remains a magnet and model for that

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Business Strategy

Tech Leadership Redux

May 6, 2008

I finally found some time to record thoughts on a great conference – last Thursday’s Tech Leadership Conference (TLC) by Communitech.

CEO ROUNDTABLE:

Verdexus once again gathered a few tech CEOs from Waterloo and Toronto, the night before at Charbries, to have an informal and open-ended discussion of key issues in financing, growing, valuing and finding exits for technology startups.

As in

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Business Strategy

REPOST: New Playbook for Venture 2.0 – Presentation & Spreadsheet

April 2, 2008

It seems that several people missed the “Comments” link where Grover posted his materials for the Venture 2.0 Playbook. Therefore, I’m reposting his comments with the link here below. Also, although we’ve had some great dialogue offline about this extremely important topic, I’d like to see some here.

Thanks to Randall for his kind words. It really was a great event

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Entrepreneurism

Founderitis: Black Hats versus White Hats

March 28, 2008

Today, I will expand on an offhand comment I made last week about founderitis being one of the biggest barriers to engagement with the Grover Playbook and, incidentally, probably the number one showstopper for investment we encounter at Verdexus.

As a serial entreprenur, (ex-)founder and investor in technology startups, I have seen more than my share of experiences showing

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Business Strategy

The “New Playbook for Venture 2.0: How to get from $0 to exit with less capital”

March 19, 2008

Yesterday, long time friend and business colleague Grover P. Righter who is General Manager Americas for Silicon Valley-based iMobileInternet, was the Keynote speaker at the Mars Experience Tech 2008 Conference. That conference was clearly a highlight of the year and was brilliantly executed by MaRS guru Peter Evans.

And, Grover’s keynote address, entitled “New Playbook for Venture 2.0: How to get

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General

Iotum – Rocketing Through 200 000 Users

March 15, 2008

Today, I am excitedly watching Ottawa-based iotum‘s Free Conference Calls application on Facebook rocket through the 200 000 net installed user mark. As many of you know, iotum is a Verdexus portfolio investment of late last year when I also engaged with the company as Chairman. Note that I plan to discuss the investment cycle for global and Canadian startups

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