"Mr. No"
Allegis Capital says no to 2,000 companies a year and funds just a small handful. Bob Ackerman, The founder and Managing Director of Allegis Capital, talks with me and gives me the major reasons that his firm (one of the highest regarded in the industry) says no. We also talk about other things that he looks for in entrepreneurs.

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Funny nickname but it's so appropriate to this man))) Nice ly chosen video, thanx, it has picked me up))) I need to share it with my friends, think they will like it so much! hae a nice day!
another VC runs with the herd. it is almost comic to see them all rushing to say negative things to reassure the banks and institutions
Interesting interview..It all rang very true..It's also great to see a VC take an approach his firm has
another VC runs with the herd. it is almost comic to see them all rushing to say negative things to reassure the banks and institutions who back them that they are "safe" still. anyone remember about, oooh, 90 days ago when they were all super positive about tech and media?
saying no is far to easy. my creative response to this took me about 20 minutes using a little bit of software from a tiny start up company. the URL is below
when did VC's /forget/ what the word VENTURE means?
saying yes takes skill, commitment and long term hard work. saying yes can also mean rejecting bad ideas in favour of good ones, but you still have to say yes at times
Good to know that entrepreneurs are not "rational men".
I'd much rather be a rational woman, thank you!
Real interesting interview! It's always interesting to hear how a VC thinks.
Great job with the interview, Scoble. Bob Ackerman is a likeable guy who is worth hearing "no" from in order to hear what he has to say and to improve on your pitch for the next VC.
Just never pitch an ad-supported startup with an algorithm" to him... :)
Interesting interview. My favorite part was when they passed up on Akamai because all they pitched was "the algorithm." That was hilarious.
Do you think Bob was referring to one of his lackluster and highly inexperienced partners when he says (at 1:50) that due to a lack of availability of good ex-operating guys, VCs hired people who had "less operational expertise" and instead "hired people who worked as a product manager for a few years in a major tech company(maybe SGI??), and then had an MBA..... that was the new entry point into venture."
Funny that he says that kind of person doesn't work well at Allegis. Maybe Bob is hinting that certain partners in his firm need to find a new job.
Great interview ... he's an excellent and captivating speaker who is enthusiastic and well-informed.
Excellent interview. Bob has an excellent ability to speak to the issues in the business.
Thanks for that. It was worth 30 minutes of time :-)
Good one! Enjoyed it. Thx!
A good interview, Robert. It all rang very true. This is where you play to your strength, when it comes to format, length, and subject. You cannot watch this anywhere else. These kind of interviews create a lot of value for their audience.
This was tremendously helpful. Bob gives a clear, cogent overview of what's involved in working with a VC. That Bob's firm is built with operating people gives his opinions great credibility, and he clearly is a person of goodwill and enthusiasm.
everything on his desk looks so organized never seen anyone to have this perfect desk!
Awesome interview! Bob has a ton of great wisdom and experience, and he's able to explain it in a meaningful, useful way. It's also great to see a VC take an approach his firm has. That is, looking for opportunities that grow over time. This interview is definitely worth the time.
Jason Kiesel
Founder & CEO
http://www.freedomspeaks.com