This is my one-hundred-sixtieth weekly reflection. Here are my takeaways from this week:
- Runway – A few early-stage founders I know are running out of runway. Founders who can’t raise more capital will have to start making tough decisions. You can’t kick the can down the road when you’re out of cash.
- Venture – I chatted this week with a few high-net-worth people who made their wealth building tech companies and invested in venture capital funds. They’re more interested now in investing in traditional companies that generate cash, not venture-backed companies or venture funds.
- Founder hunger – A founder friend told me about what he’s doing now. Even though he doesn’t have to do anything (he’s financially set), he’s a founder at heart and still has a hunger and drive to try and build new things.
Week one-hundred sixty was a good week. Looking forward to next week!
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