AGILEVC My idle thoughts on tech startups

September 20, 2010

We often describe partners as a form of “leverage”, as in I personally am able to accomplish more through collaboration with my business partners than I could achieve myself.  I mean partners in the small partnership (like a VC firm) or small team context.  It’s basically the old assertion of the whole being greater than the sum of the parts.  And it’s true that one’s partners can amplify the force of any individual.

But instead of the lever, I think a more apt analogy for great partnerships is as a flywheel.  The best partnerships are like a flywheel in that they conserve momentum of the whole entity, regardless of the energy output of any individual partner at that moment in time.  If we were all perpetual motion beings, perhaps sustaining momentum through one’s partners wouldn’t be so critical.  But we’re not.

Let the flywheel keep spinning…

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  • I'm a former Silicon Valley entrepreneur turned East Coast VC. I co-founded NextView Ventures, a seed-stage VC firm based in Boston, in 2010. Read More »

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     - 1 day ago
    @epaley in June 223K new jobs, but 432K people dropped out of labor force… participation fell to lowest in nearly 40 yrs
  • Lee Hower
     - 1 day ago
    @epaley doesn't make sense when lower unemp % being driven mostly by ppl dropping out of labor force, not getting new jobs
  • Lee Hower
     - 1 day ago
    @epaley but some have suggested US is moving to a lower equilibrium for full employment, e.g. "normal" unemp % is now lower than historical
  • Lee Hower
     - 1 day ago
    @epaley yes net job creation is obviously good… monthly avg in 2015 slower than 2014, but still a bit over 200k/mo thus far thru 1H
  • Lee Hower
     - 1 day ago
    @shaig most fintech focus on pymts & lending, I'd also try to include speakers that can touch on insurance too (will think on suggestions)

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