Written by: John Abassian In: Summer 2010
3 Aug 2010Mallory Short and I talked to Spectrum Bridge’s CEO Richard Licursi about two weeks ago, we discussed the position of Spectrum Bridge and how the future looks for the company, and it looks very promising. Spectrum Bridge aims to become the household name, the first name you think about when you think about Spectrum, and they have done a lot of work to get there.
At the end of our little interview with Richard, we asked him if he can offer use any advice. One advice he gave us really struck a high note with me: When looking for financing for your start up, if you have an offer on the table, take it! Don’t try to look for a better offer, because chances are, you won’t find another one. The reason for this is that investors don’t just invest in anything, they look for companies that seem worthy, and they consider their offer with great care.
Good advice to hold on to and keep close. Especially as I start developing some of my entrepreneurial ideas and start implementing them.
Perhaps the best thing I took from the TEC program is that I learned the value of books. I’ve always been a reader, I love reading! I have many books, but most of them are either technical learning books or fictional novels, but I’ve never read books about life experiences and lessons before. What I learned though TEC is that these books can be extremely enjoyable to read, and they also pack a great amount of lessons and valuable information.
So I leave you with this: take chances and accept the offers you have, and read more books. Cheers!
The True Entrepreneur Corps is an internship program developed by True Ventures to pair undergraduate students with our portfolio companies for a summer of learning and innovation.
This summer, participating True companies include bloomspot, BrightRoll, Fitbit, Kiip, KISSmetrics, Loggly, Schematic Labs, Socialcast, Sparked, Tello, WeGame, and a stealth company.