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Praying to the God of Valuation

Both Sides of the Table

I started my first company in 1999 and was admittedly swept up in all of this: Magazine covers, fancy conferences, artificial valuations and easy money. I learned to avoid unnecessary conferences, avoid non-essential costs and strive for at least a neutral EBITDA if for no other reason than nobody was interested in giving us any more money.

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Why you should never have a data room — the most counter-intuitive fund-raising advice you’ll ever…

Both Sides of the Table

The buyer is shopping for equity in startups and the seller is looking for cash in exchange for equity and shared governing control of his or her company. I hired a sales coach named Kai Krickle who helped me figure out how to close more deals. For starters you have to realize that fund-raising is a sales process.

Funding 336
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CapLinked Raise $1.6m Series A Round & Appoint Adam Sroka As VP Technology

Tech Zulu Event

Yesterdays’ equity round of $1.6 Adam Sroka, an agile software innovator, is a self-taught programmer with 25 years of writing code and previously combined his coding skills with his knowledge of agile and lean management techniques as a coach and technical trainer. million Raised. and Schlumberger. The post CapLinked Raise $1.6m

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The Perils of Founder Fighting

Both Sides of the Table

At the risk of sounding like a broken record, it’s why I believe executive coaches are so important for startups who have the financial resources to afford them. Equity for the future? If you are the person staying how resentful will you become working your arse off for equity that your co-founder who leaves will get value from.

Startup 340
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Some Thoughts on Leadership Going into 2016

Both Sides of the Table

You don’t have unlimited equity to dole out. I’ve spent hours this week reading about the firing of the head coach and personnel manager of the football team I support – The Philadelphia Eagles. His name was Chip Kelly and he came off of a very successful stint as the coach of the collegiate Oregon Ducks.

Startup 150
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8 Tips To Get the Most Out of Your Investors and Board

Both Sides of the Table

Ask for short conference calls. You may know how much to pay in cash or equity for your new VP Engineering. When we recommended that Rob get a CEO coach he not only embraced it but craved it and thanked us for suggesting it. If anything we feel indebted to him for his hard work. Always seek input. Rob is driven to learn.

Tips 365
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What Makes an Entrepreneur? Four Letters: JFDI

Both Sides of the Table

Yes, I know it’s my job as the CEO to be the coach for people and that’s fine. He would have found somebody technical and inspired that individual to work for equity or deferred payment. Should she take a chance and potentially ruffle feathers? Another side of JFDI is finding ways to get stuff done that seem impossible.