Things I Love

I love blogging.

Last month 23,000 unique visitors came to my web site, mostly to read
my blog. Two weeks ago I blogged about how only 4 students had signed
for the Internet Marketing course at BYU that I\’m scheduled to teach
this fall. Now there are 32 enrolled.

I love Wikis.

team launched a Wiki last week for entrepreneurs. We have 8 volunteer
editors so far who are going to help us recruit contributors and build
a Wiki that contains thousands of quotes and "success tactics" from the
most successful entrepreneurs of all time. Our hope is that
entrepreneurs will use this Wiki to find new ideas by discovering what

VC Firms Increase Funding for Early Stage Startups

A report shows that early stage funding is increasing.
$1.3 billion in venture capital flowed into early stage companies in
the second quarter up from $830 million in the first quarter. I keep
hearing that VCs are doing more early stage deals, but this is the
first report I have seen that bears this out.

Still, the 750 companies funded by VCs are a tiny number compared to
probably 10-15,000 that are funded each quarter by angel investors
(including friends and family, doctors and dentists and first-time and
serial angels). That is why there is such a need for to match local entrepreneurs with local angels.

According to Angel Investing (p. 146), a book published in 2000 by two Harvard
Business School professors, "In the United States, angels invest in