Stop Wasting Our Time With Boring Presentations

I have both given and sat through many presentations over the years. Prior to committing to the web full-time in the late 90’s I was an investment banker and financial adviser to both private companies and state and local governments. I have been a member of Tech Coast Angels, a SoCal investment group and have sat through more presentations than I care to remember. I’ll let you in on a secret.   Most presentations S-U-C-K.  The audience is sitting around, twiddling their thumbs and counting the minutes until the presentation ends.   I’ll let you in on another secret.  Almost everyone in the audience WANTS to be blown away.  They are looking for the presentation team to hit a home run.  To make an impact.  To tell them something they don’t already know. To pitch an idea which so unique and clever that they can’t wait to hear more.

I’m not going to give my thoughts here on what I think makes for a good and clear idea that works and is fundable.  That’s for another post.  Rather I want to discuss why I believe most presentations fail. (more…)

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What Constitutes a Great Idea for a Web-based Business?

What Constitutes a Great Idea for a Web-based Business? It has to be unique, right? The market must be huge! There needs to be a great way to monetize the idea so investors can earn back their investment in 3-5 years. The business should fall in a sector where there are many well-capitalized firms to potentially buy it. Of course, the hot ideas need to be in alternative energy. Isn’t that what everyone is talking about?

So which of the above do I think are the most and least important? (more…)

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The Most Expensive Spreadsheet Ever Written?

Way back in the mid-1980's when I was an investment banking associate for Dillon Read it was my job to run the analysis for all of our bond transactions.  Many of these deals were several hundred million dollars each.  I was trusted to develop the spreadsheets which were the basis for computing all of the particulars on many of the deals. 

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