You have a brilliant idea for a product and may even have found the technical resources to build it. You are almost ready to get going – now you need … Continue reading “”

As an economist at heart and by training, I found the following article in The Economist fascinating as economists are finally starting to measure to value of entrepreneurs. Click here … Continue reading “”

I spent the past two weeks in the Bay Area. I am happy to report that the spirit of entrepreneurship is alive and well. I mostly met new startups that … Continue reading “”

As a champion of entrepreneurship, I can only applaud the charitable Ewing Marion Kauffman Foundation, headed by Carl Schramm, which gives away $70 million per year to promote entrepreneurship around … Continue reading “”

While I never knew him, I would much have liked to. Rong Yiren was a true entrepreneur. Rong’s family had created one of the largest businesses in China. When his … Continue reading “”

My post praising the value of investment bankers led to a number of e-mails asking for the parameters for investment banking fees for M&A. Here is the retail M&A price … Continue reading “”

Investment bankers have often decried as adding little value and adding complexity to otherwise simple sale processes. I strongly disagree. Even if a startup is run by a former investment … Continue reading “”

Looking back, I realize how little I really knew about fund raising when I started Aucland. It seemed to me all you had to do was write an amazing business … Continue reading “”

The guiding theme of my current vacation is to meet entrepreneurs from the world over. As my travels take me from New York to Paris, London or even Buenos Aires, … Continue reading “”

An international idea arbitrage is a concept I coined in the mid-1990s (apologies in advance to whomever might have said it before me). It’s the concept of taking an idea … Continue reading “”

As I am entering a new stage of my life, the time has come to pull from my shelf my trusty old 9 business selection criteria. The traditional cliché of … Continue reading “”

Over the past four and half years, I have had the pleasure to share a wonderful journey with all of you. Thanks to your passion, dedication, grit, commitment, tenacity, and … Continue reading “”