Dan Ahn, Managing Partner at Envision Ventures
Recently, MITCNC hosted a forum entitled Multiple Ways to Fund Your Clean Energy Startup. Numerous experts provided CleanTech entrepreneurs with new ideas to fund their companies. Some of the alternative funding sources included: angels, private equity, corporate venture funds, federal or state grants, international venture investors, and prizes.
We’re pleased to invite Dan Ahn, Partner of Envision Ventures and a panel speaker, to share additional thoughts on the panel discussion, as well as the partnership he seeks and builds with his portfolio companies.
Anna: Welcome, Dan! Why did many CleanTech startups fail over the past years?
Dan: Good question. Let me start with a “historical” perspective: “CleanTech,” from an institutional investor perspective, has been a dirty word. Continue reading
The officers and cadets at West Point US Military Academy came to listen to a talk by former CTO of Central Intelligence Agency, Bob Flores, and Cloud Security Alliance co-chair/Vidder founder, Junaid Islam, about how to avoid catastrophic cyber failures. Such a failure occurs when a cyber attacker is able to exploit a single vulnerability to breach an entire organization’s cyber defenses.
A strategic framework for effective cyber security proposed by Bob (left) and Junaid (center) has the following essential components:
- Establish a comprehensive view of threats and capabilities
- Develop a security strategy that mitigates an organization’s biggest vulnerabilities
- Link security controls to ensure a single failure will not result in a breach
Key takeaways: Continue reading
If you’re currently launching a new venture, can you answer these questions?
- Who are my customers – can I detail the “persona” of my target users?
- What do I uniquely offer them that no one else does?
- How do I best reach them?
If you and your team have trouble answering, don’t despair. This September, we’re offering a practical, hands-on workshop series based on the ground-breaking book Disciplined Entrepreneurship, by Bill Aulet, Managing Director of the Martin Trust Center for MIT Entrepreneurship. As Bill says: “The single necessary and sufficient condition for a business is a paying customer.” Continue reading
I found myself recommending the same books time and again to first-time tech founders, so decided to just put together this list:
(1) The Startup Owner’s Manual: The Step-By-Step Guide for Building a Great Company – By Steve Blank and Bob Dorf
(2) The Founder’s Dilemmas: Anticipating and Avoiding the Pitfalls That Can Sink a Startup – By Noam Wasserman
(3) Business Model Generation: A Handbook for Visionaries, Game Changers, and Challengers – By Alexander Osterwalder & Yves Pigneur