Venture Rules from Kleiner Perkins
from:
http://www.briannorgard.com/?p=72
Venture Rules from Kleiner Perkins
I’ll admit, I am all too fascinated with Tom Perkin’s new boat. The interview he did on 60 minutes reinforced the fact that this machine is more than just a boat–it’s a work of art.
Of course, I grabbed his new book, Mine’s Bigger and happened upon a few of Kleiner’s famous laws of venture capital:
- When the money’s available, take it
- When they pass the hors d’oeuvres around, take two
- There is time when panic is the correct response
- Never sell unless there are two buyers
- If a decision is incredibly difficult, it doesn’t matter what you decide
- Make sure the dog wants to eat the dog food
- Market risk is inversely proportional to technical risk
