- I have never felt that venture capital was a particularly quantitative business. And that's coming from a quantitative guy.
- I've heard people use many different metrics in talking about the value of businesses... But for me, there is only one real measure of value and that is cash flow.
- The first thing you must do is instill a culture of meeting the numbers in a Company and it has to start at the very top. If the CEO/founder/entrepreneur doesn't care about meeting the numbers, then nobody else will.
Wednesday, August 03, 2005
Fred Wilson has another good "cliche of the week" -- Meeting the numbers. A few excerpts I like: