article thumbnail

Your board should protect you!

Berkonomics

They write in their investment documents that they will occupy a seat on the board for as long as they are invested in the company, thinking of this as a protection for their investment and tool for them to influence growth. All other board functions are secondary. Shareholders such as investors are granted few rights by law.

Class 282
article thumbnail

Are you at risk for tech killing your job?

Berkonomics

And the prime motivators of this massive destruction are the same class of entrepreneurs and innovators that have done it before. And Ai is now writing computer code in many languages. Thought so. We are in a decade of creative destruction that will affect most everybody. Last year, Amazon employed 1,541,000 workers.

Insiders

Sign Up for our Newsletter

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

article thumbnail

When should you go for equity financing?

Berkonomics

Here is a class of investor we’ve covered before, one usually focused upon you and less upon your business case. There are other classes of equity investors for small or early stage businesses that we have not yet considered. This class of investor typically writes checks from $50,000 to $250,000. Accelerators.

Equity 156
article thumbnail

How I Got the Monkey Off My Back – Today Was a Good Day

Both Sides of the Table

As a result I didn’t write my first venture capital check until March 2009 – exactly 5 years ago. It turns out it actually takes time to build a high-growth business with differentiated intellectual property and roll out large, enterprise-class marketing solutions. 5 years ago. 5 years ago. The monkey on my back.

article thumbnail

Why I’m Turning Over a New Leaf & Refocusing My Energy

Both Sides of the Table

he is rust belt middle class. he coached me and my 3 siblings in basketball and soccer and more. he is rust belt middle class. he coached me and my 3 siblings in basketball and soccer and more. Older, working-class, white and had voted for Democrats in the past. he is a deeply principled man.

Class 247
article thumbnail

Equity financing: great for rapid growth startups

Berkonomics

There are three classes of equity investors for early stage businesses that we have not yet considered. This class of investor typically writes checks from $50,000 to $250,000. We’ve spoken of financing a young company through friends and family, known as “inside angels.”

Equity 232
article thumbnail

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

Both Sides of the Table

So I thought I’d write about out with what I would look for in a VC knowing what I know now and why. VCs should be more of a coach than proscriptively telling you what to do. I think of VCs as coaches. Neither class of people should give up easily. Most VCs are book smart. I call them “ VCs Seagulls.”