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How Smart Startups Survive Investor Due Diligence

Startup Professionals Musings

For the elite startups and entrepreneurs who manage to attract the investor they dream of, and survive the term sheet negotiation, there is still one more hurdle before the money is in the bank. This is the mysterious and dreaded due diligence process, which can kill the whole deal.

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UCSB Tops Harvard & Wharton In Startup Wars

InfoChachkie

Want to be an entrepreneur? According to a recent Forbes article , UC Santa Barbara''s Technology Management Program offers students a superior startup education over the University of Pennsylvania (home of Wharton), as well Harvard, Northwestern and even its acclaimed southern neighbor, the University of Southern California.

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Kara Nortman Was Just Promoted to Co-Managing Partner at Upfront Ventures. Here’s What it All Means

Both Sides of the Table

Kara will now be really involved with what goes on to successfully create and run a firm but while still handling her core duties of funding great entrepreneurs. For example, we’re now already well into our third growth fund that we started in 2015 (the first returned 2x cash in 3.5 And all the platform stuff. I’m only 52!

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How Boards Need to Evolve Over Time

Both Sides of the Table

And here’s an important point that I think modern entrepreneurs often forget: Investors are “co-owners” of your business. Reviewing financial & operational performance. There are just as many bad entrepreneurs who do bad things. Offering a sparring-partner function on strategic decisions. Mentorship.

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8 Myths Technologists Believe That Sink Businesses

Startup Professionals Musings

I usually envision a 50-50 ownership split for their efforts, but every engineer believes the technology side deserves the majority share. If you consider yourself a technologist, you probably believe and may be propagating one of the following myths: The first priority for funding should be to develop the technology.

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10 Ways An Entrepreneur Can Build A Winning Culture

Startup Professionals Musings

If an entrepreneur can’t build a culture of excitement and commitment at a startup, the chances of long-term success are negligible. That’s why they insist on spending a day with your team as part of the due diligence process. As a mentor to entrepreneurs, I often get asked what you can do to build the right culture.

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Non-Disclosures Can Protect Your Idea, Or Destroy It

Startup Professionals Musings

Most entrepreneurs I meet are reluctant to disclose anything about their idea to investors before getting a signed confidential disclosure agreement (CDA). Professional investors and advisors, on the other hand, usually refuse to sign these agreements today due to the risk of litigation and administrative workload, and will walk away.

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