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Some Career Advice for Aspiring Tech CEOs

Both Sides of the Table

For some aspiring to be tech entrepreneurs, I often suggest a two-step process, as I argued in this post that “ The First Startup Founder You Need to Invest in Is You.” He or she has worked at some very successful big technology or media companies and went to a great school. He still has the dream. He has the hunger.

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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

In these kinds of businesses I’m on the record as advising “ Ring the Freakin Cash Register.” So money spent should add equity value or create IP that eventually will. You technically have more gas left but you never know if some unexpected circumstance causes you to run out of gas. Valuation.

Startup 383
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Roping in the Legal Eagles

InfoChachkie

Yet, despite his exceptional courtroom theatrics, you would be foolhardy to hire good old Johnnie to review your software cross-licensing agreement. Some startup attorneys will accept a portion of their initial fees in the form of equity. Your lawyer is a trusted advisor, but in the end, you run your business, your lawyer does not.