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., -Expert and is a very grounded person. Developing the first speaker independent system made him famous. He is convinced that AI is playing a very important role and worries that might not keep up.







insights: Attracting should be music to the ears of the community, especially & managers - Anuj Kagalwal, our & Tax Leader tells us why




What if this mindset that a CIO develops is of a ? Should CIOs also run initiatives that would deliver significant business outcomes? Listen to Soili Mäkinen, & Sr. VP of Cargotech & Saugat Dutta, CIO of TVS Logistics










Joining us next week, 2/20: Kevin O’Connor, Entrepreneur, Venture Capitalist Kevin is a serial & former CEO of a & co acquired by in ‘17. Signup in link in bio for this event.






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We are in the process of creating an outstanding Software. We require investors, Venture Capitalists or Angel Investors to join us to complete our project. for more information, please email info@infotechnology.com.au





















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Leadership and success

I should really be doing this more often. But sometimes my thoughts and energy just go towards things that are not really appropriate for this blog. But I want to chime in on Kobe entering into the VC game, or the announcement of said event, at least.

From a purely philosophical standpoint I think it is a good idea. Kobe and Stibel, the co-founder of this venture, bring different perspectives and Kobe looks to be very passionate about passing along his success to young and upcoming brands. I think Stibel brings the operational/financial expertise that only time will tell how good he is, and Kobe brings the brand recognition of the two ever open up to LPs.

If kobe is taking the job seriously, asking a lot of questions, and using his determination to solve problems, this could be a healthy platform for him. The world of PE/VC is filled with non-finance types taking on key roles and adding huge value. Magic is doing it and has seen some success. David Rubenstein is a former lawyer turned founder and head of one of the worlds most recognizable and successful PE finds at the Carlyle Group.

Besides that he can be successful, I think of it as Kobe still being an inspiration to people of all ages that have looked up to him since he was an 18 year old kid performing on court marvels. It is good that Kobe found something he could be passionate about in his retirement.

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・・・
“Playing basketball, the focus is always on winning. Winning championships, winning championships, winning championships. Now, championships come and go. There’s going to be another team that wins another championship, another player that wins another MVP award.”
“But if you really want to create something that last generations, you have to help inspire the next generation, and they create something great, and then that generation will inspire the one behind them, right? And that’s when you create something forever. And that’s what’s most beautiful,” - Kobe Partner, BryantStibel co-Founder.

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#venturecapitalist
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How to get people to work more than 8 hours a day for you?

If I approached you, the most talented person around, you with great knowledge and superior mind, you who can make any concept into a reality, and I told you that I want you to work for me and develop my idea. I want you to work a lot more than 8 hours a day, let’s say 12, 15? I do not want that you do anything else. You should have have no life, you should more or less live in the office. You should think about the project every moment of your life. Breath the project. Would you accept it? I would pay you as little as possible, just so that you can get through in this expensive city. I will maybe give you 10% of the profits of the company, if we grow really blazingly fast, but if we do not grow fast enough, I will cancel the project and fire you. I would even ask you to invest your own money, and require you to ask your parents, friends, to do the same. Would you accept? You who could work part-time and still earn enough to live a comfortable live because you are well educated and you do not have to search for jobs, because you are getting job offers daily. You can be picky. Would you still choose to work for me instead?

You would. You do. And I will tell you why.

Keep reading

As cash becomes a commodity, every investor needs to find a way to add value beyond the check they are able to write – angels and VCs alike.
— 

Phin Barnes

In Gustus

Predictable things that VCs will want to know

1)      Macro

          a.      Are you a company or just a product/feature?

          b.     Your vision for the company

2)     Your product(s)

          a.      What it is

          b.     What problem it solves

          c.      Why it is superior

          d.     Why it is not likely to be displaced for some time 

3)     Team

           a.      This is the ethos part of the presentation – why are you the right people for the task and why should the VC trust you?

           b.     Are you missing anyone?

           c.      How are you recruiting/convince the 20th employee to join?

           d.     What’s your philosophy on compensation?

4)      The Business

           a.      Market size, specifically the “addressable” market

           b.     How much of the market are you are going to capture and how

           c.      Competitive analysis/advantages

           d.     Business model

           e.      How will you generate revenue?

                       i.     Sales process

                       ii.     Customer acquisition cost

                       iii.     Profitability

            f.       Barriers to entry/exit

5)     The Ask

             a.      How much do you need and what will you use it for?

             b.     What’s your burn?

             c.      Valuation

6)     Funding History/Syndication

            a.      Who else are you talking to? (This is the pathos bit)

            b.     Why do you want to work with this VC?

            c.      What do you want from the VC besides money?


Via : Blake Masters