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Wednesday, October 22, 2003

Herman 'in the' Hauser 

Britain's greatest hi-tech venture capitalist came to give a talk at Cambridge last night, about the importance of vision when starting a business.

Herman's a little like an older version of James Bond. He's the one in the middle of the picture. As someone remarked "Of course, I feel anyone with a cravat must be inherently interesting".

Herman's tips for priorities when starting a business:
1. The product is in a growing market, as this kind of market is more forgiving
2. The quality and experience of the management team behind the venture
3. The technology
4. The business model; actually more complicated than people assume
5. The finance; if the idea's good, the money will follow

All in all a great evening, organised by the Center for Entrepreneurial Learning. I even got to speak to he great man afterwards!


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