Amazing Piece Giving Perspective on VC Investing

Every once in a while “we” come across a piece that is worth passing along.  Even less than every once in while we come across a piece that we MUST pass along.  The latter happened to me today.

I just read Heat Death: Venture Capital in the 1980s, a blog post by Jerry Neumann (long time VC).  It is fantastic and traces VC investing mentality from 1970s to today.  The best line is at the end “the only thing VCs can control that will improve their outcomes is having enough guts to bet on markets that don’t yet exist. Everything else is noise.”

Enjoy!

2014 in Review of IthacaVC

The WordPress.com stats helper monkeys prepared a 2014 annual report for this blog.  Check it out.  Nothing earth shattering – just some fun and interesting facts.

Here’s an excerpt:

The concert hall at the Sydney Opera House holds 2,700 people. This blog was viewed about 13,000 times in 2014. If it were a concert at Sydney Opera House, it would take about 5 sold-out performances for that many people to see it.

Click here to see the complete report.

Here’s to 2015!!  Enjoy the rest of your holiday.

Ithaca Ranks #1

Happy Holidays everyone!

So, I don’t know much about the American Institute for Economic Research, but it just ranked Ithaca as the #1 college town in the USA.  And the main reason certainly resonates with me:  “This town in upstate New York ranked first for a number of reasons: Ithaca ranks number one in entrepreneurial activity and research and development, while also having a high number of college-educated people.”

Entrepreneurial activity and R&D!!  Great combination.  I am not sure how they measure entrepreneurial activity, but I will try to find out.

Here is the full ranking.

Enjoy the season!