Learning From The OG iPod

If you want to build a multibillion-dollar consumer IoT company, copy the iPod – the original IoT thingy. Most brilliant “Internet of Things” ideas are quicksand for capital unless you have the branding, vertical integration and customer lock-in that Apple achieved. The iPod model will separate IoT platforms from fads. 20 years ago, a majority

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Getting Past the Catch-22 of Venture Capital

There are some venture capitalists who consider themselves “entrepreneurial VCs” because they identify with and approach investing from an entrepreneur perspective. Others are actually former entrepreneurs who join a venture fund and call themselves a VC/entrepreneur because they once walked in the shoes of an entrepreneur. And there is another unique breed: One-time entrepreneurs who

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The secret of great product managers: Balancing the worlds of ‘techie’ and ‘fuzzy’

Microsoft created the “modern” role of product manager 25 years ago, and the job holds an aura of myth even today. Two-and-a-half decades later, the role of product manager is still misunderstood and ill-defined, and the most important qualities in a product manager are often overlooked. As a result, startups are missing out on valuable

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Tale of Two Valleys: LA and the Bay Area from an Investor’s Perspective

Almost 30 years ago, my father decided to uproot the entire family from Taiwan to the United States so that his  academically “inconsistent” son could have an education tolerant and perhaps even encouraging of his idiosyncrasies. As an entrepreneur himself, founding and operating printed circuit board factories in Taiwan, my father was debating between two

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