by Mike Goodrich | Nov 12, 2019 | 2019, Entrepreneurialism, Social Capital and Social Entrepreneurialism, Social Capital Series
Social capital is an area ripe for controversy. Not that social capital, in and of itself, is bad or wrong — few would say that doing well by doing good is a bad thing. Most people involved in social capital want to find ways to both succeed financially and...
by Mike Goodrich | Oct 29, 2019 | 2019, Social Capital and Social Entrepreneurialism, Social Capital Series
The first in a series of First Avenue Ventures blog posts on Social Capital. Social capital is a concept not easily nor well-defined. In this series, we define social capital as the use of capital (for our purposes, we examine it primarily as financial capital)...
by Mike Goodrich | Oct 18, 2019 | 2019, Birmingham, Business Lessons, Entrepreneurialism, Small and Medium-Sized Businesses
I just finished Mike Isaac’s Super Pumped: the Battle for Uber, which I strongly recommend, particularly for fans of corporate intrigue and Silicon Valley excess. The story focuses on the rise and fall of Travis Kalanick, the hard-charging founder and CEO of Uber, who...
by Mike Goodrich | Sep 24, 2019 | 2019, Birmingham, Entrepreneurialism
Change usually has a downside, and the Opportunity Zone[1] tax law is no exception. A couple of pieces published in The New York Times highlight a negative perspective coming to the fore of this new tax law. In “How a Trump Tax Break to Help Poor Communities Became a...
by Mike Goodrich | Aug 27, 2019 | 2019, Birmingham, Entrepreneurialism
The venture capital business model is built on the theory that if you do ten investments and have one huge return, what happens with the other nine investments doesn’t matter. I don’t take issue with the financial argument of this model. However, I do have an issue...
