Monthly Archives: November 2011

Ben Smith: Building Startups Is Cheap But Never Run Out of Cash | peHUB

Internet startups have been getting cheaper to build for 10 years. So why is it more important than ever not to run out of cash? We built MerchantCircle into one of the 100 most trafficked U.S. sites and I honestly … Continue reading

Posted in A.T. Kearney, Deals, Investments, MerchantCircle, Relationships, Silicon Valley, Spoke Software | Tagged , , , , , , , ,

peHUB » Will Startup Jumpers Hit It Big? Silicon Valley’s Latest Debate Is Portfolio vs Persistence

When gambling on high-risk startups, the more bets you place the better, right? Maybe not. There is an unspoken discussion going on in Silicon Valley now about the value of “Portfolio” versus “Persistence,” especially among people who have never started … Continue reading

Posted in Deals, Relationships, Silicon Valley, Startups | Tagged , , , , , ,

peHUB » Why Great Entrepreneurs Take Big Risks And Sometimes Get Fired

I never met a great entrepreneur who was afraid of failure. Or who didn’t take over-sized risks to win big. This is why many get fired. I spent the first 10 years of my career at A.T. Kearney, a long … Continue reading

Posted in Fired, MerchantCircle, Silicon Valley | Tagged , , , , ,

peHUB » Ben Smith: Silicon Valley Is A Multi-Inning Game, Relationships Are How You Play

I heard two things recently. “Silicon Valley is a multi-inning game, relationships matter.“ And. “I am all business, I don’t care about relationships.” The first statement came from a seasoned venture capitalist with 20 years of experience. His point is … Continue reading

Posted in A.T. Kearney, MerchantCircle, Personal, Relationships, Silicon Valley, Spoke Software | Tagged , , , , , ,

Economic Principles Return circa 2001

Economic Principles Return circa 2001 Originally printed in one of the boom time internet magazines, one of my co workers from the period saw one of my recent articles and dug this one up and send to me.  I wonder … Continue reading

Posted in Investments, Silicon Valley, Startups, Uncategorized | Tagged , , , , , ,