Hot in Enterprise IT/VC - What's 🔥 in Enterprise IT/VC #366
What's 🔥 in Enterprise IT/VC #366Reflecting on 27 years of enterprise software investing + understanding the experience trapAs we prepare for our AGM or Annual General Meeting for our investors, I had a chance to think about what I’ve learned in 27 years of investing in enterprise software startups, and here it is👇; also applicable to founders. I can remember impostor syndrome at its strongest in 1996 when I was interviewing a super talented and experienced VP of Sales for a portfolio company who was 20 years my senior and thinking what the hell can I offer this person and how was I in this position. So, I wore glasses to look older, I asked a lot of questions that I learned to ask from reading books, but that feeling never really went away. I just couldn’t wait to have more experience so I would never feel like this again. My mentor and partner, Bob Lessin, though, would always remind me, our fund Dawntreader Ventures, speaks two languages, the corporate language and the Internet one as well. “That is where you come into play, Ed, everything is so new, you have the opportunity to define yourself and in many ways the experiences of the past can hinder building in this new world.” I took that to heart, and it’s an idea I continue to absorb. After 27 years of investing, I do have some experience that I so longed for, but I can’t also let it blind me, and stop me from believing in the future and how things can be way different. Trust me, it’s harder than you think. Being cognizant of this is first and foremost. Surrounding yourself with youth in mind and age can also help you continue to challenge yourself which is why I love my team at boldstart. To that end, I’m super optimistic about the future and super excited to continue to meet new founders who are just a bit crazy and ready to create new markets and new ways of doing things. In enterprise software, it’s the same shit that continues to recycle in patterns. We will always need better developer tools, software to observe and keep lights on, better security, productivity software, and software for customer facing roles from sales, marketing, and customer support. These needs will never change, people just find another way to 10x what was already built. As always, 🙏🏼 for reading and please share with your friends and colleagues. Scaling Startups
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What's 🔥 in Enterprise IT/VC #365
Saturday, October 28, 2023
The new era in venture and race to be first: Inception Investing - what does it mean and why pre-seed ain't first any more
What's 🔥 in Enterprise IT/VC #364
Saturday, October 21, 2023
🤯 Enterprise software spend to cross $1 Trillion, reaccelerating 📈 to 13.8% from 12.9%
What's 🔥 in Enterprise IT/VC #363
Thursday, October 19, 2023
Thoughts + 🙏🏼 on 🇮🇱 ... b4 regularly scheduled programming: Loom exit, seed valuations...
What's 🔥 in Enterprise IT/VC #362
Saturday, October 7, 2023
What's ahead in Q4 from LPs and VCs (Origins Podcast) - more shutdowns?, hard choices for seed funds?, net new company funding 🔥, default 1st 10 in office, TVPI vs. DPI
What's 🔥 in Enterprise IT/VC #361
Saturday, September 30, 2023
PLG, PLS, Sales led 🤯 - enough acronyms, build a product, sell it efficiently
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