There’s a beautiful post up today by Charlie O’Donnell (First Round) titled The Race is Long. It starts out:
“Jordan Williamson, the Stanford kicker who missed three field goals in the Fiesta Bowl, will wake up today and feel like crap. Tomorrow, he’ll wake up and still feel like crap, but a little less… and a little less the day after that, and less the day after that.
His Stanford e-mail is undoubtedly filled with two things… love and hate. If there ever was a moment in someone’s life where you get to find out who your real friends are, this will be it.”
As we start a new year, Charlie riffs nicely on important lessons that come out of a failure. Powerful stuff – and a great way to start the day.
It’s Monday and our friendly neighborhood VCs stored up their posts over the weekend and launched a few with a vengeance. Today, we have three great ones.
Roger Ehrenberg (IA) writes about mentors in his post Mentors: an essential engine for growth. While he wrote it on Saturday, it’s still applicable on Monday.
Fred Wilson (USV) has his normal MBA Mondays series with a guest post from Andy Sack titled Revenue Based Financing. It’s an advertorial for Andy’s firm Lighter Capital but is a really good explanation of how revenue based financing works.
Charlie O’Donnell (First Round Capital) wraps up our posts of the day with a dynamite one titled 10 Misperceptions About Venture Capital.