article thumbnail

High Functioning vs. Low Functioning Startup Boards

Both Sides of the Table

This is part of a series on a Board of Directors at a Startup. High Functioning Startup Boards High-functioning boards have a tight-knit relationship between all members based on mutual trust and admiration. They are able to divide responsibilities and work to gain consensus on tough decisions that every startup inevitably faces.

Startup 269
article thumbnail

Down bad

TechCrunch LA

Last week, we talked about layoffs and the Winklevoss rock gods. This week, we saw the interconnectedness of major institutions as crypto lending protocol Celsius stuttered and brought down Ethereum prices with it as investors feared a price collapse brought on by reportedly over-leveraged players like 3 Arrows Capital.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Adam Scott | ScoreBig, Startups, and LA Tech

Tech Zulu Event

Adam has been in the startup business for a long time and knows his way around on running a business. Adam sat down with us to talk about startups, the LA scene, and his company ScoreBig. TechZulu: Where did you get the idea to start ScoreBig? Now onto the second problem, the rising ticket prices. What is ScoreBig?

Startup 79
article thumbnail

Adam Kanner | ScoreBig, Startups, and LA Tech

Tech Zulu Event

With ScoreBig being Adam’s fourth startup, he certainly knows his way around a business. Adam sat down with us to talk about startups, the LA scene, and his company, ScoreBig. TechZulu: Where did you get the idea to start ScoreBig? Now on to the second problem; the rising ticket prices. What is ScoreBig?

Startup 61
article thumbnail

Interview with Greg Martin, LiquidStock

socalTECH

Our interview today is with Greg Martin , co-founder of LiquidStock (www.liquidstock.com), an investment fund which offers up a way for employees of private companies to exercise their stock options before an IPO or acquisition. Tell us what you're up to now? Why did you start LiquidStock rather than a more traditional venture fund?

Startup 113
article thumbnail

Sell when growth is high, even if cash flow is low.

Berkonomics

This should be a major milestone goal of all start-ups. Usually leading up to the time positive cash flow is initially reached, the management team is not taking a market wage, payables are stretched, and any slowing of receivables collections would likely cause layoffs.

Layoffs 120
article thumbnail

10 Strategies For Success Long-Term As Well As Today

Startup Professionals Musings

In the short term you need customers to find you at any price, and in the longer term you need revenue, profit, and return loyalty. Although his focus is naturally on bigger companies, I contend that his recommended strategies apply equally well to entrepreneurs and startups: Demand a mindset of deep thinking for the long term.