Daily Archives:October 29th, 2006

Have trouble getting up in the morning?

Perhaps you need a Clocky

Save our water voles

Rose pointed me at a nice article about some kids in Humberside trying to bring back some water voles that were relocated to Devon when building work threatened their habitat.

Keisha, 10, said: “I’m worried the water voles will be extinct in Goole because if they move to Devon they might die because they won’t know their way round.”

The building developers have apparently relented and are returning the voles to Humberside, to the satisfaction of all concerned. Except, I rather suspect, the voles themselves…

What VCs want?

Guy KawasakiGuy Kawasaki is a fun and interesting guy, and I enjoyed the recent interview with him on the excellent Venture Voice podcast. Excerpt:


When you see a company, what do you look for? Is it the entrepreneur, the market analysis?


Well, this is the question that every VC gets asked and every VC answers consistently by saying, “We’re looking for a proven team, with proven technology, and with a proven business model”.

And that’s a load of crap.

Because, frankly, if you look at the huge successes, I would say for those three parameters, usually the huge successes are zero-for-three. Maybe one-for-three.

And I would say that about Apple, I would say that about Google, about Cisco, and Yahoo. They were not three-for-three there.

So I could more easily build a case that you should look for an unproven team with unproven technology in an unproven market, cause that’s the billion dollar deal!

© Copyright Quentin Stafford-Fraser