The Deal
Friday, July 3, 
8:43 pm

Just along for the ride

  Share     E-Mail    Discussion    Print Story

The following is from Tech Confidential partner OC VC, a blog written by Marc Averrit, cofounder and managing partner at Okapi Venture Capital:

I have written about the parallels between surfing and investing in start-ups before (see Surf's Up!... ironically, written just about a year ago to the day), but have found myself thinking about the similarities yet again recently and thought I'd share my thoughts on the matter with all of you once again.

Whether you are a VC or surfer in SoCal, see if this feels familiar to you:

You get up at the crack of dawn;

travel to where you are thinking (praying) the waves will be;

the water is so cold you can't feel your feet or face;

you almost drown paddling out;

your arms/chest/back/shoulders ache from the effort;

you finally get to the lineup only to find the waters more and more crowded; and

you have periodic thoughts about getting eaten by a shark or catching a staph infection in our polluted waters...

and then you catch your first wave and all of the above just goes out your mental door and you're in the moment enjoying the ride.  Life is short.  Enjoy the ride.


See May 15 post from OC VC

Continue reading below

Also on Dealscape





Post a comment




The Deal Pipeline

Deal Video


Inside The Deal: SecondMarket's Silbert on helping VCs achieve pre-IPO liquidity for their investments.


More video...

Crisis On Wall Street
Technology
Deals of The Decade

Community

Industry Insight

Potential FBAR filing changes

Offshore hedge funds and private equity funds may be 'financial accounts' for which investors must file FBAR.


Industry Insight

Finger on the pulse

Things PE investors should keep in mind to maintain the support and commitment from their lenders and limited partners.


Industry Insight

Closing the tough deal

Terms and structures now used to get deals done are post-closing purchase price payments, earnouts, simultaneous acquisitions, rollups, payments in kind and joint ventures.



©Copyright 2008, The Deal, LLC. All rights reserved. Please send all technical questions, comments or concerns to the Webmaster.