A Collection of Thoughts & Discoveries

Technology, Business, Giving, Etc.

  • “There is nothing noble in being superior to your fellow man; true nobility is being superior to your former self.” Ernest Hemmingway
  • “Judge each day not by the harvest you reap, but by the seeds you plant.” Robert Louis Stevenson
  • “We must be the change we wish to see in the world.” Gandhi
  • “Noble deeds that are concealed are most esteemed.” Blaise Pascal
  • “A creative man is motivated by the desire to achieve, not by the desire to beat others.” Ayn Rand
  • “If you want to succeed you should strike out on new paths, rather than travel the worn paths of accepted success.” John D. Rockefeller
  • “Honesty is the first chapter in the book of wisdom.” Thomas Jefferson
  • “Sense shines with a double luster when it is set in humility. An able yet humble man is a jewel worth a kingdom.” William Penn
  • “There is a great satisfaction in building good tools for other people to use.” Freeman Dyson
  • “You don't know what you can learn until you try to learn.” Ronald Coase
  • “Let us so live that when we come to die even the undertaker will be sorry.” Mark Twain
  • “Create more value than you capture.” Tim O'Reilly

Misadventures in VC funding: Rand Fishkin Shares His Experiences

Rand Fishkin, CEO of Moz (formally SEOmoz), has posted a very interesting article on the experiences he and his colleagues experienced during a recent attempt to raise $24 million in venture capital. He had signed the term sheet and received the letter of intent from the VC, but ultimately they did not close. In the post, Rand lays out the chain of events, and shares what he learned about the process and what he could have done differently. But most importantly, he points out the importance of choosing an investor who is aligned with your own vision and team culture. Rand’s tone is humble and the content is remarkably transparent. This type of sharing by Rand is a great resource for startups considering taking venture capital.

Within the post there are links to a couple of blog entries about previous funding attempts. They’re worth checking out too. end of article icon

Misadventures in VC Funding: The $24 Million Moz Almost Raised

Posted on Monday, August 29, 2011 in Startup


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