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Why you should never have a data room — the most counter-intuitive fund-raising advice you’ll ever…

Both Sides of the Table

Or if you’re a VC raising from LPs you have to list all of your deals, your investment value, your carrying value, your multiples, your IRRs, TVPIs, DPIs, etc along with net cashflows plus your previous LPAs. So what does a VC do when he or she isn’t ready to say “no” or perhaps might like to talk with you in a year but not now?

Funding 336
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One Man’s Signal is Another Man’s Noise

Both Sides of the Table

I’m sitting at my computer now at 9.00pm writing this – which is an hour earlier than I normally write (there are about 8 women at my kitchen table having a book club (aka excuse to drink wine & gossip so I’m locked in another room writing. I just had this chat last night with a friend / VC who I respect.

Email 287
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Entrepreneur’s Don’t Think Enough. Here’s What You Can Do About It …

Both Sides of the Table

And I get flooded with legal docs, end-of-quarter financial administration, recruiting, whatever. Frankly, I think venture capital is that way, too. How do VCs break out of group think when they are shuttling from one board meeting to the next, from one conference to the other and talking with all the same people?

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Why I’d Rather Err on the Side of Direct Feedback Than Pleasantries

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I then asked for editing rights to his Google Doc and I rewrote a version of it. Of course I can’t write every press release for the company nor would I want to. VC Pitches. Having been an entrepreneur for near-on a decade and having pitched in 100 VC meetings I hated getting no feedback.

Press 337
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Don’t Cede Control: Why You Need to Cut out Middle Men in Negotiations

Both Sides of the Table

And yes, VC’s, too. But as it goes to the legal docs naturally 20 issues arise the require negotiations. Negotiate directly with your VC or acquirer with lawyers present in the room. VCs : VCs are often on your side and usually act in an ethical manner. What might the VC do against your interest?

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The Truth About Convertible Debt at Startups and The Hidden Terms You Didn’t Understand

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.” I applaud all efforts by people to take on this issue and especially be Adeo who – let’s be honest – was really the first champion of trying to make the VC world more transparent by launching TheFunded, which didn’t exactly endear him to VCs initially. They’ll get priced soon enough by a VC.”

Startup 354
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Announcing Projector?—?A Startup I’ve Been Excited to Tell You About for Years

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Upfront immediately wrote a check to back this vision and we later teamed up with their former colleague from Twitter turned VC, Rishi Garg of Mayfield and we’ve stayed quiet on what we were up to. Just as we use Google Docs for writing or AirTable for spreadsheets, the world finally has an amazing in-browser tool for visual presentations.

Startup 191