• Fog

    The four delusions that cost VCs money

    Editor’s note: This is a guest post by Rick Lewis, General Partner at USVP. The post went through PandoDaily’s usual editorial process. Mr. Lewis was not paid for this post. “Why would I ever pay $250 for a shirt?” A highly-respected fellow VC asked me this rhetorical question soon after my firm invested in Trunk Club’s Series A round and I joined the company’s board of directors. In the three years since, Trunk Club CEO Brian Spaly and his team…
  • friends-and-business

    Startups Anonymous: I didn’t have a contract with my friend and my business tore us apart

    [This is a weekly series that brings you raw, first-hand experiences from founders and investors in the trenches. Their story submissions are anonymous, allowing them to share openly without fear of retribution. Every Wednesday, we'll run one new story chosen by Dana Severson, who operates StartupsAnonymous, a place for startups to share, ask questions, and  answer them in story-length posts, all anonymously. You can share your own story here.] The first year of my business…
  • anonymous_audience_final

    Startups Anonymous: How Anonymity Can Save a Founder’s Life

    Last week Startups Anonymous received an alarming submission from an fellow entreprenueur/founder — it was a suicide note. For many reasons, we chose not to publish the submission on our site, however here is an excerpt: “I am about to make my company a co-beneficiary of my life insurance. And, I will take my own life after that. I want to make it work for my investors and my company. I am done with this…

  • Screen Shot 2014-08-13 at 8.55.37 PM

    Pandocast Episode Two: Where Google went right

    Episode two of the Autodesk Pandocast — Pando’s Autodesk-sponsored podcast, starring Sarah Lacy and Carl Bass — is now live. In this episode, Carl and Sarah discuss the differences between the software and hardware market, the challenges of crowd funding, and where Google went right. The full transcript is below. You can browse all episodes right here. Sarah: Do you have a new sympathy for these entrepreneurs who think, “Oh! It’s the golden age of hardware. We can send stuff to China. We…
  • no

    Startups Anonymous: The easiest “NO” our angel fund ever delivered

    I started an angel fund a couple years ago. The goal was to make an impact, stay tuned into entrepreneurism and make money. We haven’t made much money yet, but we haven’t really lost anything yet either. The easiest “No” I ever delivered was to a group of cofounders who all drove luxury cars. Their idea was OK. We had our doubts about their ability to execute, but the hope was that they were coachable…

  • antidepressants

    A Confederacy of Quacks: The War Against Antidepressants

    Every year or so another pop therapist comes along to persuade depressed people that they should soldier on with their misery rather than try antidepressants. When I was a kid, one of the first big self-help books was called “Be Glad You’re Neurotic.” You were supposed to be glad because you shared with all the “great men” of the past the pain and joy of being something more than a “normal.” In the 1980s it was the Church of Scientology…
  • airplane_sweat

    The hidden cost of “Bring Your Own In Flight Entertainment”

    Engadget’s Zach Honig has written an interesting piece about airlines’ quiet move towards the future of in-flight entertainment (IFE).  As Honig points out, the new Boeing 737 has barebacked seats with no obvious IFE to speak of. There are no drop-down monitors and the new seats don’t even have headphone jacks with access to in-flight radio. In short, Honig reports, the future of IFE is in passengers’ hands, literally. As in-flight wifi becomes more ubiquitous, airlines are hoping to replace DirecTV, or whatever stock…
  • Heat Nets Basketball

    Startups Anonymous: You may know my name, but I’m a fraud

    [This is a weekly series that brings you raw, first-hand experiences from founders and investors in the trenches. Their story submissions are anonymous, allowing them to share openly without fear of retribution. Every Wednesday, we'll run one new story chosen by Dana Severson, who operates StartupsAnonymous, a place for startups to share, ask questions, and  answer them in story-length posts, all anonymously. You can share your own story here.] I’m a total fraud. On the…
  • baseball

    Pitching Like a Girl

    (Editor’s note: This is a guest post by Ellen Johnston, Founder and CEO of Makr. The post went through PandoDaily’s usual editorial process. Ms. Johnston was not paid for this post.) I’m a founder. I’m a CEO. I’m also female, which particularly seems of interest in today’s startup scene. A designer by trade, I’m most in my element when working on product – building teams and executing ideas. But delivering a can’t-say-no pitch is an integral part of my job.…
  • Cash Only

    Startups Anonymous: My Startup Was Failing Because I Was Solving a Big Problem That No One Would Pay For

    Just because I had a great idea that could change the world doesn’t mean people will pay for it. This was the lesson I learned which I want to share. Two years ago, I quit my well-paying stable government job to build my startup – an idea that I believed could end online piracy. I trudged on for months – got great exposure and affirmation that it was a brilliant idea that could save music,…

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