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What I Would Look for When Choosing a VC – Knowing What I Know Now?

Both Sides of the Table

Traditional software vs. SaaS. Of course it is super helpful if a VC can drop you in to important people for business development, recruiting, PR, sales and eventually M&A. And so is venture capital. If I were looking at which VCs to choose I would reference strongly for which ones are supportive in good times and bad.

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How Boards Need to Evolve Over Time

Both Sides of the Table

When you first start your company and raise initial venture capital your board probably consists of 1-3 founders and 1-2 VCs. If you work at a company that has raised $20 million in capital or more this is the likely situation unless you had overnight and meteoric growth that gave you the power to hold on to a board majority.

Startup 325
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What is the Right Burn Rate for your Startup?

Both Sides of the Table

One of the hardest decisions entrepreneurs make when they start a company and raise outside capital is figuring out what an acceptable “burn rate” is. That is, how much should your company be willing to lose in cash every month as you make investments in staff and equipment that funds technology, sales, marketing and management.

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When Raising Venture Capital Look for an Emotional Tie to Seal the Deal

From the Venture Trenches

Entrepreneurs spend a lot of time and effort tracking performance, measuring sales traction and predicting growth in an effort to win over outside investors. A founder should ask probing questions whenever possible and make reference to milestones or achievements in a VC’s careers.

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When Raising Venture Capital Look for an Emotional Tie to Seal the Deal

From the Venture Trenches

Entrepreneurs spend a lot of time and effort tracking performance, measuring sales traction and predicting growth in an effort to win over outside investors. A founder should ask probing questions whenever possible and make reference to milestones or achievements in a VC’s careers.

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Success, Santa Barbara Style: Patagonian Sexwax With A Side Order of UGGS

InfoChachkie

Combine this significant pool of sophisticated Angel capital and expertise with UC Santa Barbara’s world-class entrepreneurial program and throw in a critical mass of entrepreneurs bold enough to build businesses around their passions, it’s understandable how a modest-sized community has produced so many successful tech startups.

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Chrome River: Building An Enterprise Software Leader In LA, with Dave Terry

socalTECH

We use that for 12-14 months, and found it worked really well, because it helped to have that extra capital to grow the business more rapidly. That got us the attention of Bain Capital Ventures for our next round, which, combined with our prior investors, gave us another $17M, for about a total of $20M in investment.

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