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A great compilation of VC questions from Redfin CEO Glenn Kelman. One that particularly stood out to me concerned having a deep grasp of your economic indicators & understanding what they are really telling you about your business: The financial statements we look at every month don’t tell us what a small business will [...]
It appears that the venture capital community is remaining cautious about investing in new businesses, despite the much-trumpeted idea that the Great Recession is over. Funding is down 44% so far this year, and banks are continuing to sit atop all that capital given to them by the government. …new business starts fell 14% [...] |
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