Lessons learned in VC apply elsewhere

Scottbusiness

I follow Fred Wilson’s blog AVC pretty regularly.  He’s a VC with Union Square Ventures, which has companies such as Tumblr, Etsy, SoundCloud and Hailo in their portfolio.  One of Fred’s recent posts was about what he learned from USV’s outgoing analyst Brian Watson, who wrote a fabulous piece on Medium titled, Post-Money Evaluations: What I’ve Learned from Two Years at USV.

I’m highlighting this article because the lessons Brian writes about cross over into many areas of business, including media/journalism.  Here are some of my favorites:

*Believe in something when everyone else doesn’t.
*Be selective – doing less – keeps you focused.
*Running a network is like urban planning for the internet. It’s a social engineering problem, not an electrical engineering one.
*Research in public. Open-source your ideas, and let the world help you build them.

 

– Scott