Shout out to Marc Nathan
- June 27th, 2007 /
Long time friend of Voodoo, Marc Nathan was profiled yesterday in the Houston Chronicle. We met Marc just over a year ago at a BarCamp event in Houston. He was one of the first Angel Investors / VC’s that I had ever actually met in person. He’s been extremely helpful to us and always willing to listen and bounce ideas off.
He shares some great red flags that when he hears, he walks:
No. 1 is ‘I don’t have any competition.’ When I hear that, my shutters go up. I put the note on the door that says closed for business. When somebody says that, it means two things: They don’t know who the competition truly is, or they don’t have any competition because nobody wants what they’ve got.
No. 2 red flag is you tell me your numbers are conservative. I automatically cut them in half anyway, so we could go around in circles. At the end of the day, don’t tell me anything. Just show me what you’ve got.
No. 3 — and there are so many of them — but No. 3 is probably saying that you as a management team or CEO are going to be with the company for the life of the company. The opposite of that is telling me that your CEO is going to step aside when more talent comes on board
Glad he’s getting some props over in Houston. Click here for the full article. Thanks to Blake Poutra for sending this our way.
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Jul 04, 2007 at 10:26 am
BarCamp in Houston – I wonder where to learn more about this experience and feedback on it?