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This is How Startups “Level Up” After Raising Money

Both Sides of the Table

If you’re an early investor like I am that often means writing the first $2-3 million check into a business that previously had either survived on fumes or on a $500,000 angel round. In a VC business when you raise additional capital you need to “level up” and act the round you are. Act your stage. Flipper of burgers.

Startup 381
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How I Got the Monkey Off My Back – Today Was a Good Day

Both Sides of the Table

As a result I didn’t write my first venture capital check until March 2009 – exactly 5 years ago. I divided success into the phases of venture capital and 18 months into writing my first check here was my view (details on each in the link above). Sourcing high-quality leads : 9/10. The monkey on my back. ” Yup.

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Why Your Startup Doesn’t Need a COO

Both Sides of the Table

It’s very common for startup companies to have COO’s. So I know I’m getting myself into a bit of trouble by writing this. But … Startups don’t need – shouldn’t have – COOs. I have this conversation with every startup that comes to see me and has a CEO & a COO.

Startup 325
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Some Reflections on VC Investment Decisions

Both Sides of the Table

I started in 2007 with a thesis that my primary investment decision would be about the team (70%) and only afterward about the market opportunity (30%). I was telling him that it was much easier when I started because there were fewer deals, life was less public and somehow the world seemed to be spinning more slowly. I don’t.

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Entrepreneurshit. The Blog Post on What It’s Really Like.

Both Sides of the Table

But for some strange reason they make you file your progress on fund raising, which is the widely picked up by the press. I plan to write about it early next year when we’re all through. And why I woke up at 4.50am. But it’s hard to know that from the press. It has been a fascinating experience.

Blogging 420
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5 Ways Writing a Book Will Kick-Start Business Growth

Startup Professionals Musings

In addition, the discipline of producing it, like writing a business plan, will help you immensely in understanding the key elements that drive you and your business. Yet, most good business people I know agree, but don’t know where to start. What’s holding you back from starting today?

Writing 19
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Some Thoughts on Leadership Going into 2016

Both Sides of the Table

Having time to think about “leadership” at most startups feels like a luxury. The reality of most startups is about survival. If people don’t know the mission there is no way to achieve the objective and you end up with a team pulling in 100 different directions – even if only by small amounts.

Startup 150