10 Random Questions
Inspired by Fred Wilson's list of "30 Things at 30,000 Feet" here's a random list in no particular order of 10 thoughts as I didn't feel like writing one specific post on a topic or 10 different posts!
1. With all these social networks around (Facebook, Twitter, MySpace, LinkedIn, Xing, etc.) and my participation on these networks, do I have a split online personality? Would it make sense to invest all my time into Facebook or some other platform instead of splitting my time and energy between multiple sites?
2. Is it work or time wasting surfing the net updating myself on new technologies and devices considering it's my job to be up-to-date on these things yet I'd do this anyway if I weren't at "work"?
3. How do all these bloggers out there with supposedly regular day jobs (like Fred who claims to have at least 4 other day jobs) manage to get any "real" work done when it seems like they're blogging all the time?
4. Do you become successful because of a good network or do you get a good network after you're successful? You only seem to hear about successful people and their networks....not unsuccessful people who are great networkers (they do exist).
5. Is it better when it's warmer (shorts and t-shirt warm) yet overcast outside or is it better when it's cold (winter coat cold) and sunny? How does this thought relate to business?
6. Will I still be a VC in ten years? I sure would like to think so but reality usually dictates otherwise.
7. As a VC I'm also technically an entrepreneur as we run a company (the general partner company which allows us to go about our business). If I'm a good VC am I immediately a good entrepreneur?
8. If as a VC one supposedly comes up with all the good ideas as to which companies will be successful, why be a VC and not do it yourself? Note: see 7.
9. Every VC always talks about how they love to syndicate yet when you ask other VC's for deals to work on with them, they just show you their dogs in the portfolio. Is this a choice made consciously or unconsciously by a VC counterpart? Yes, I know my peers will love me for this one!
10. Take a look at Apple's stock. It's up quite a bit on their earnings. I know of three products which have driven their success. First came the Mac, followed by the iPod and now the iPhone (plus some other much less known products like iTunes but you get my point). This has taken over 30 years. So, what's their next big hit product? Do we have to wait ten years for it though?