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Cash is king
Guy Kawasaki warns of VC's half-glass-full sentiment, and why FilmLoop failed while Slide succeeded In the month of October, we've seen startups such as Zivity, Seesmic, Adbrite, Zillow, and hi5 reduce their headcount to stretch out their dollars. Meanwhile, venture capitalists have been quick to dish out gloom and doom. Venture capitalist Bill Gurley of Benchmark, and angel investor Ron Conway, and partners at Sequoia Capital (whose PPT is embedded below) have told their portfolio companies to reduce costs and save cash. In this segment of "Lessons learned," Guy Kawasaki, author of "Reality Check," investor and entrepreneur, gave similar - while not as harsh - advice to entrepreneurs. Guy stopped by to be our guest host on Vator Box and to talk about his new company, Alltop. (Watch for those segments coming up.) "Cash ... [ Read more ]
Video Length: 0
Date Found: October 20, 2008
Date Produced: October 20, 2008
View Count: 14
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