David Hornik on Venture Capital and the Technology Start-up
David Hornik, a venture capitalist at August Capital, is co-teaching a class this winter term with Berkman's Executive Director and Clinical Professor of Law John Palfrey on "Venture Capital and the Technology Start-up," and offers his thoughts on the class over at VentureBlog:
"Today my students had to actually pitch business ideas to real live VCs from the Boston area. And they did a great job. As I was discussing with them how to think about company building and pitching, it struck me that much like the law, building great companies is all about applying precedent. Only, instead of the applicable precedent being case law in this instance, the applicable precedent is a business case."
Read the entire post at David's blog.
"Today my students had to actually pitch business ideas to real live VCs from the Boston area. And they did a great job. As I was discussing with them how to think about company building and pitching, it struck me that much like the law, building great companies is all about applying precedent. Only, instead of the applicable precedent being case law in this instance, the applicable precedent is a business case."
Read the entire post at David's blog.