11 October 2013

Paul Graham, Building Companies, Startups

Paul Graham on Building Companies for Fast Growth | Inc.com: "There is a secular trend going on, in which launching a start-up is a more common thing to do. It used to be there were two things you could do after college: go to grad school or get a job. Soon, I think there will be three things: go to grad school, get a job, or start your own company. I suspect this will be one of these economic transformations on the scale of the industrial revolution."

Google Ventures tops the list of most active corporate VCs since 2012 — Tech News and Analysis" . . . As we’ve written before, Google Ventures aspires to be one of the top venture firms in Silicon Valley, rather than a classic corporate VC that’s just an offshoot of Google. Of course, it has Google’s financial backing — it just recently expanded its fund to $300 million annually, and it’s investing in about 80 companies a year, so its status as the most active firm makes a lot of sense. The firms that Google Ventures is most likely to co-invest with inculde Kleiner Perkins Caufield & Byers, First Round Capital, Andreessen Horowitz, 500 Startups, and True Ventures, according to this report. That finding fits right in with the firm’s ambition to compete amongst the top in the Valley. . . ."

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The 7 Habits of Highly Effective Mediocre Entrepreneurs | TechCrunch: " . . . . persistence is not the self-help cliche “Keep going until you hit the finish line!”. The key slogan is, “Keep failing until you accidentally no longer fail.” That’s persistence." - James Altucher

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