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How entrepreneurs gain credibility
by David Hornik, February 22, 2011
Two ways: they borrow it and they demonstrate it
While talking with young founders in Europe and the US over the last couple months, I have been asked the same question repeatedly -- how can an entrepreneur just starting out gain the necessary credibility to attract capital? It is an important question because, at its heart, a startup investment is an investment in the entrepreneur. And the earlier stage ...
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Ten years of venture capital
by David Hornik, June 7, 2010
Just getting started
Over this weekend, I celebrated my tenth anniversary as a venture capitalist. When I joined August Capital 10 years ago, things weren't so different than they are today. There had been a period of real exuberance in venture investing but it had come to an unceremonious end. The momentum in momentum investing had run out of steam. And it was ...
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David Hornik
