At DEMO, VCs Have Stern Advice for Startups
Venture capital investor Christine Herron has a bit of advice for technology startups: Start each board meeting by asking how much cash is on hand and how many weeks it will last. 
That’s the kind of question that tends to focus the entrepreneurial mind, says Herron, a principal at San Francisco VC First Round Capital, in an interview at the DEMO 2009 conference in Palm Desert, Calif. “It tells you how many weeks you have to get done the things you need to do,” she says. “When capital was easier to come by, people didn’t pay as much attention to that.” Read full story:
Technorati Tags: Venture capital,Christine Herron,First Round Capital,DEMO 2009,David Hornik,August Capital,Eric Tilenius,Tilenius Investments,Mixbook,National Venture Capital Assn.,NCET,Nevada’s Center for Entrepreneurship and Technology
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