“Venture Capital for the Long Tail” describes the need for a fundamentally different, economically viable model for creating and funding micro- businesses. Venture capital needs a new model to adapt to declining costs to start businesses, the impact of Generation Y and increased personal and corporate transparency and sharing. SXSW, Sunday, March 15, Event tag: #SX09-682 @ Taylor Davidson | Unstructured Ventures [email protected] [email protected] +1 540.860.4119, @tdavidson, business strategy, photography, innovation, entrepreneurship, financial modeling, nomad, perspective, hope
Venture Capital for Long Tail Entrepreneurs
Jan 17, 2015
SXSW Core Conversation, March 15th, 2009, 3:30-4:30
“Venture Capital for the Long Tail” describes the need for a fundamentally different, economically viable model for creating and funding micro-businesses. Venture capital needs a new model to adapt to declining costs to start businesses, the impact of Generation Y and increased personal and corporate transparency and sharing.
“Venture Capital for the Long Tail” describes the need for a fundamentally different, economically viable model for creating and funding micro-businesses. Venture capital needs a new model to adapt to declining costs to start businesses, the impact of Generation Y and increased personal and corporate transparency and sharing.
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“Venture Capital for the Long Tail”describes the need for a fundamentallydifferent, economically viable modelfor creating and funding micro-businesses. Venture capital needs anew model to adapt to declining coststo start businesses, the impact ofGeneration Y and increased personaland corporate transparency andsharing.
SXSW, Sunday, March 15, Event tag: #SX09-682
@ Taylor Davidson | Unstructured Ventures
+1 540.860.4119, @tdavidson, business strategy,
photography, innovation, entrepreneurship,
financial modeling, nomad, perspective, hope
THIS IS NOT
“How to raise venture capital.”
“How to fund your startup.”
“What is the right funding and operationalmodel for a venture capital firm today.”
INSTEAD
The future will be different than today;
What cultural, business, technological andpolitical trends are “framing” our future?
@ Taylor Davidson | Unstructured Ventures
TEN FRAMES +1
@ Taylor Davidson | Unstructured Ventures
A. Value is created at theedges, but captured at thehubs.
B. The Long Tail has manyedges ”and it better have ahub”.
@ Taylor Davidson | Unstructured Ventures
Broken or not, venturecapital is ripe forcreative destructionand reconstruction.
@ Taylor Davidson | Unstructured Ventures
… preferred and common equity, convertible debt, venture debt, SBA, SBIC, DARPA, universityresearch grants, mutual guarantee funds, angel, seed, pre-seed, Series A, B, C, “friends and family”,angel and entrepreneur investment tax credits, bootstrapping, consulting, bridge financing, “smart”and “dumb” money, mentorship-based capital, social venture commons …
Incubate people, notcompanies.
“Lifestyle business” shouldn’t be adirty word.
@ Taylor Davidson | Unstructured Ventures
Collaboration is a corecompetence.
@ Taylor Davidson | Unstructured Ventures
Companies are people.
“Transparent lives” will create“transparent companies”.
@ Taylor Davidson | Unstructured Ventures
“Scaling people” is theuntapped promise ofthe Internet.
Creating context is more valuablethan creating content.
@ Taylor Davidson | Unstructured Ventures
Social capital isn’tnew, but everythingabout it is.
@ Taylor Davidson | Unstructured Ventures
Value (flow) is king.
Value > Cash
Flow > Stock
@ Taylor Davidson | Unstructured Ventures
“Passion allocation” ismore important thanasset allocation.
Time, passion and attention are the most
important costs of tomorrow’s economy.
Taylor Davidson | Unstructured Ventures@ Taylor Davidson | Unstructured Ventures
Generation Y isn’twaiting around.
Conflicts create companies.
@ Taylor Davidson | Unstructured Ventures
Everyone is a futurist.
Yet we’ll almost always be wrong.
@ Taylor Davidson | Unstructured Ventures
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