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A surprisingly inspirational commencement speech, with important lessons – delivered humorously – from Twitter CEO Dick Costello:


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Not since Adeo Ressi rocked the venture capital industry by creating the scathing VC feedback site, TheFunded, has an entrepreneur so bluntly articulated the frustrations about dealing with venture capitalists, and of the venture capital industry’s treatment of entrepreneurs.

Recent article by experienced and accomplished entrepreneur, Sindhya Valloppillil,  founder & CEO of Helix Men, states it forthrightly – but even then, the truth really stings:

At the risk of sounding like a bitchy girlfriend during a breakup, I’d like to tell you that the problem is you, not


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As an investor, advisor and mentor to entrepreneurs and new ventures, I get to hear a lot of pitches – whether as a judge in a competition, in a boardroom, classroom or a face-to-face pitch. After a while, they all start to sound alike. In fact, when investors get together, they lament (or even parody) how all the pitches sound alike. To be fair, as an entrepreneur, I used to lament with other entrepreneurs on how predictable venture capitalists can be in their responses.

Today, giving more evidence that …
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(Originally published as a Guest Blog on CX.com  on December 11, 2012) 

Crowdfunding. You’ve heard of it — sexy projects by entrepreneurs who buck the establishment by going directly to the public for funding. Or maybe you’ve heard of the other crowdfunding — fraud, deceit and boiler room brokers bilking widows out of their pensions and life savings.

It’s a familiar tune. New technology disrupts an established, elite industry and empowers us to do it better, fast and cheaper. And, in the beginning, the professionals, pundits and predictors …
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Interview last month for “Phoenix People“. Interesting to see how a one hour interview gets condensed into a few sound bites. Unflattering photos : ) – but honored to be showcased like this.

http://www.phxpeople.com/cj-cornell-founder-of-propel-arizona-entrepreneur/

 

  …
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Published in the Wall Street Journal, referencing a study by the Kauffman Foundation on what the average entrepreneur looks like, today.  The study is about “successful company founders in high-growth industries” , as opposed to the broader, largely meaningless category of ‘people who start their own business’.

Notable (and counter-intuitive) for many:

I can predict it with near certainty. In every single conversation I have with an entrepreneur, or rather with a first-time entrepreneur, it becomes very apparent they place an comically high value on the one, single, good idea that they have. Whether they say it out loud (“this is a billion dollar idea!”) or by asking me to sign an NDA before I even know their name, they are clearly implying their idea, the thought, carries all the value. …
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