{"id":258,"date":"2010-04-19T20:42:22","date_gmt":"2010-04-20T00:42:22","guid":{"rendered":"http:\/\/blog.payne.org\/?p=258"},"modified":"2010-04-19T20:42:22","modified_gmt":"2010-04-20T00:42:22","slug":"venture-capitalists-are-making-me-fat","status":"publish","type":"post","link":"https:\/\/payne.org\/blog\/venture-capitalists-are-making-me-fat\/","title":{"rendered":"Venture Capitalists are Making Me Fat"},"content":{"rendered":"<p>Well, not really, but with the stream of breakfast meetings, it sure feels that way!<\/p>\n<p>I think I&#8217;m spending too much time with venture guys.<\/p>\n<p><span style=\"font-size: 13.3333px;\">As I&#8217;ve <a href=\"http:\/\/blog.payne.org\/2009\/03\/25\/the-venture-capital-shakeout\/\">written before<\/a>, the venture business is struggling. \u00a0There&#8217;s still too much money, funds are too big, there are too many professionals, etc. \u00a0 Big, name-brand funds have a hard time participating in the smaller, more capital-efficient projects (which is where the action is, at least in software). \u00a0Things are getting a little better, but long-term nature of venture funds will cause the correction to happen in slow-motion.<\/span><\/p>\n<p>I&#8217;m realizing I&#8217;m spending a lot of time talking to venture friends about projects that they (a) can put a lot of capital into (that may not necessarily need it), (b) incubator\/hatchery\/Y-Combinator type programs, (c) new seed-stage funds, etc. \u00a0Some ideas are interesting, but I&#8217;m realizing these discussions are more about solving <em>their<\/em> problems.<\/p>\n<p>Now, I&#8217;m not anti-VC at all. \u00a0For the right project, venture definitely has a place. \u00a0But I need to take my own advice: \u00a0less time with venture folks, more time being entrepreneurial.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Well, not really, but with the stream of breakfast meetings, it sure feels that way! I think I&#8217;m spending too much time with venture guys. As I&#8217;ve written before, the venture business is struggling. \u00a0There&#8217;s still too much money, funds &hellip; <a href=\"https:\/\/payne.org\/blog\/venture-capitalists-are-making-me-fat\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-258","post","type-post","status-publish","format-standard","hentry","category-entrepreneurship"],"_links":{"self":[{"href":"https:\/\/payne.org\/blog\/wp-json\/wp\/v2\/posts\/258","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/payne.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/payne.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/payne.org\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/payne.org\/blog\/wp-json\/wp\/v2\/comments?post=258"}],"version-history":[{"count":0,"href":"https:\/\/payne.org\/blog\/wp-json\/wp\/v2\/posts\/258\/revisions"}],"wp:attachment":[{"href":"https:\/\/payne.org\/blog\/wp-json\/wp\/v2\/media?parent=258"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/payne.org\/blog\/wp-json\/wp\/v2\/categories?post=258"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/payne.org\/blog\/wp-json\/wp\/v2\/tags?post=258"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}