New Direction, New Times, New Capital Revolution

by VentureDig on February 26, 2009

This past week has been one filled with life.  It’s also been a roller coaster.

I was presented with some “downer” news. The venture fund I worked with for over a year went into “hibernation” mode. I was left without a job in a lifeless economy. The fund was hit hard by the economy, as well as other issues. There went my dream job.

Heh, there already is a stimulus plan for venture capital. It’s called unemployment benefits for venture capitalists. Joking, joking.

What’s interesting is that the week turned into one of the most challenging, busiest and exciting times of my life. I wish I had time to mope, but I didn’t. I had to figure out the following items: (i) how I was going to support myself and my fiance, (ii) whether or not it’s worth looking for another position vs. focusing on generating cash flow right away (opportunity cost), (iii) how this would effect wedding plans, (iv) whether or not I could afford my apartment, (v) where I go from here.

In addition to those items, I was also a couple days away from throwing a raw, interesting entrepreneur event featuring Adeo Ressi, “Funding Innovation in Times of Change.”

This was an fascinating piece of the puzzle, you see. A couple days prior to the event Adeo was apprehensive about flying out to speak to an Orange County audience if there was less than 75 people there. I would be, too. The event wasn’t looking too hot. The OC venture sector is pretty boutique, you could say. Could I have pulled the plug? Certainly; however, we decided to press on. Entrepreneurs in Orange County needed to know what’s going on with the sector. Thankfully, we kept our shoulder to the wheel and pressed forth with the event. I believe we helped some entrepreneurs and really disrupted the soft-spoken, mild flavor of these types of events. It made an impact. [The event video is coming soon.  Adeo was hilarious. There's a couple parts in his talk where the audience was like, "Did he really just say that?" Mike Mueller of PizzaShare is helping us out with the video].

“So where do I go from here?”

That was the question I was habitually dissecting in my mind for about five days. I was up at night mapping out the next step. However, I think what’s interesting is that, rather than mapping out the steps in your life, it’s critical to open it up to God. And this was hard to do. I’ve found that you can plan your course in life to the finest detail; however, you’ll be wasting time. Rather than plan, I’ve found that developing habits that are founded on action are more effective. If you constantly grind it out, and do not only what you love, but what you’re good at, there will be opportunities that present themselves, which otherwise,  would have never been considered. It’s like the analogy: “Talent hits the target no one else can hit; genius hits the target that no one else can see.”

And this is exactly what happened. I was presented with an opportunity to join a movement, not a company. With technology, finance and science all coming together for the first time, a new capital revolution is afoot. The goal revolves around shattering the fallacious ploys of efficient market theory and unveiling a truly democratic market.

New Direction:

In this new time of change, technology and speed, I’ll be focusing on the following activities:

  • The New Movement: Capital Revolution
  • Helping out start-ups [When I have time...]
  • Writing about finance, technology, risk-mitigation, due diligence, the capital revolution and more

Stay tuned.

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