{"id":847,"date":"2010-08-03T00:00:00","date_gmt":"2010-08-03T00:00:00","guid":{"rendered":"http:\/\/www.innovationanthology.com\/import\/2018\/02\/01\/innovation-anthology-327\/"},"modified":"2018-02-25T21:30:18","modified_gmt":"2018-02-25T21:30:18","slug":"innovation-anthology-327","status":"publish","type":"post","link":"https:\/\/www.innovationanthology.com\/import\/2010\/08\/03\/innovation-anthology-327\/","title":{"rendered":"Innovation Anthology #327:"},"content":{"rendered":"<p><a href=\"http:\/\/innovationanthology.com\/uploads\/Innovation Anthology 327.mp3\">Download MP3 Link<\/a><\/p>\n<p>\nStart-up companies often turn to <b>venture capitalists<\/b> for money to commercialize their new technologies.\n<\/p>\n<p>\nBut the days of going cap in hand are disappearing.   According to economist and venture capitalist<b> Paul Kedrosky,<\/b>  entrepreneurs are becoming much smarter about the VC industry.\n<\/p>\n<p>\n<b><br \/>\nPAUL KEDROSKY: <\/b><em>   We get preoccupied with  what\u2019s happening on the financial side. So the entrepreneurs are a big part of what\u2019s changed here.  The entrepreneurs now are getting smarter and getting smarter faster.  So there\u2019s two things going on.  And they\u2019re getting smarter faster because of what\u2019s happening in their ability to get information about who are the best VC\u2019s? Who venture guys are most appropriate for my business?  What are best practices in terms of raising money?  What terms should I be worried about that might show up in a legal term sheet from a financer? All this stuff in the past was kind of tribal information that just got handed around from entrepreneur to entrepreneur.  And if you didn\u2019t have access to the right person, you could never know it.    Now it\u2019s all on the web, on many popular blogs like VentureHacks.com or Fell.com or other places where entrepreneurs can get fantastic information about  what otherwise was secret.   And quite dangerous, because if you didn\u2019t know the information and you got funded, there was an excellent chance you\u2019d make terrible decisions and it would only show up years later.  <\/em><\/p>\n<p><p>\nPaul Kedrosky is an economist with the <b>Kauffman Foundation<\/b> and he spoke at the recent <b>AVAC<\/b> meeting in Calgary.\n<\/p>\n<p><b><em><br \/>\nLearn more at InnovationAnthology.com<\/em>\n<\/p>\n<p>\nI\u2019M CHERYL CROUCHER <\/b>\n<\/p>\n<h2>Guest<\/h2>\n<h3> , <\/h3>\n<h4>, , , , <\/h4>\n<h2>Sponsor<\/h2>\n<h3><a href=\"\"><\/a><\/h3>\n<p><img decoding=\"async\" src=\"http:\/\/innovationanthology.com\/uploads\/\" \/><\/p>\n<p>&nbsp;<\/p>\n<p><strong>Program Date:<\/strong>\u00a02010-08-03<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Start-up companies often turn to <b>venture capitalists<\/b> for money to commercialize their new technologies.  But the days of going cap in hand are disappearing.   According to economist and venture capitalist <b>Paul Kedrosky, <\/b> entrepreneurs are becoming much <b>smarter <\/b>about the VC industry.<\/p>\n","protected":false},"author":1,"featured_media":848,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[33,32],"tags":[],"class_list":["post-847","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-innovation","has-post-title","has-post-date","has-post-category","has-post-tag","has-post-comment","has-post-author",""],"jetpack_featured_media_url":"https:\/\/www.innovationanthology.com\/import\/wp-content\/uploads\/2018\/02\/1-326paul_kedrosky.jpg","_links":{"self":[{"href":"https:\/\/www.innovationanthology.com\/import\/wp-json\/wp\/v2\/posts\/847","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.innovationanthology.com\/import\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.innovationanthology.com\/import\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.innovationanthology.com\/import\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.innovationanthology.com\/import\/wp-json\/wp\/v2\/comments?post=847"}],"version-history":[{"count":3,"href":"https:\/\/www.innovationanthology.com\/import\/wp-json\/wp\/v2\/posts\/847\/revisions"}],"predecessor-version":[{"id":4645,"href":"https:\/\/www.innovationanthology.com\/import\/wp-json\/wp\/v2\/posts\/847\/revisions\/4645"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.innovationanthology.com\/import\/wp-json\/wp\/v2\/media\/848"}],"wp:attachment":[{"href":"https:\/\/www.innovationanthology.com\/import\/wp-json\/wp\/v2\/media?parent=847"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.innovationanthology.com\/import\/wp-json\/wp\/v2\/categories?post=847"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.innovationanthology.com\/import\/wp-json\/wp\/v2\/tags?post=847"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}