article thumbnail

5 Questions To Consider When Contemplating Advisors

Startup Professionals Musings

Their allegiance, sensitivity to rank, and familial biases make open discussions difficult, and interlocking directorships set up too many situations where directors work for favors from each other, or work against each other due to non-business issues. It’s a resource that you can’t afford to ignore if you intend to stay competitive today.

Allegis 139
article thumbnail

OK, So Maybe Not ALL MBA Entrepreneurs Are Oxymorons

InfoChachkie

The close allegiance between Wall Street and top business schools facilitates MBA entrepreneurs’ fundraising efforts, especially for consumer-oriented companies which can require outlandish amounts of capital to reach critical mass. Startups formed by Wharton, Harvard and Stanford MBA’s collectively raised $15.8 billion from 2010-2015.

Insiders

Sign Up for our Newsletter

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

article thumbnail

5 Key Drivers For Creating A Board For Your Startup

Startup Professionals Musings

Their allegiance, sensitivity to rank, and familial biases make open discussions difficult, and interlocking directorships set up too many situations where directors work for favors from each other, or work against each other due to non-business issues. It’s a resource that you can’t afford to ignore if you intend to stay competitive today.

Startup 98
article thumbnail

When To Enlist A Board Of Directors Or Advisory Board

Startup Professionals Musings

Their allegiance, sensitivity to rank, and familial biases make open discussions difficult, and interlocking directorships set up too many situations where directors work for favors from each other, or work against each other due to non-business issues. It’s a resource that you can’t afford to ignore if you intend to stay competitive today.

Allegis 69
article thumbnail

Bro Factor – Intimate Relationships Which Provide Your Startup With An Unfair Advantage

InfoChachkie

However, in the world of startups, relationships that go beyond a casual acquaintance can provide your adVenture with a significant competitive advantage. Each party’s first allegiance is to their organization. At large companies, such behavior is often discouraged and in many organizations, it is even considered unprofessional.

Startup 113
article thumbnail

Roping in the Legal Eagles

InfoChachkie

The reference may be well-intentioned, but the lawyer’s allegiance may be divided between the investor and you. Such a lawyer will not go out of their way to screw you, but when crafting the investor documents and in future investor-related issues, your lawyer’s allegiance must be to your company. but They Make Great Guard Dogs.