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What The Heck Does “Traction” Really Mean To A VC?

InfoChachkie

Nearly every entrepreneur has heard the refrain, "Get back to me when you have some traction,” while seeking funding. Once people who do not know you and have no vested interest in your company's success begin expending their time, money and resources to leverage your value proposition, you are gaining traction. Share and Enjoy.

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Here’s How You Get A VC To Pull Out Their Checkbook

InfoChachkie

No VC Fit - Match your venture with appropriate funding source. The Company. How much money are you looking for, what will you do with it and what other funding sources (if any) do you already have secured? Who do I write the check to and where do I send it? Opportunity. paper cut vs. bleeding artery)? Financials.

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Startup Lessons From Pink Floyd’s Dark Side Of The Moon

InfoChachkie

Business Lessons From The Dark Side Of The Moon. • Obtain Customer Feedback Before You Release Your Product - Musicians spend their entire youth writing songs and performing them in front of live audiences, which ensures that their initial album is validated by their fans before they enter the recording studio. Share and Enjoy.

Startup 269
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From Startup Newsletter To Best Selling Book: How This Entrepreneur Pulled It Off

InfoChachkie

John Lusk, along with his Co-Author Kyle Harrison, leveraged their humble company''s newsletter into The MouseDriver Chronicles , a New York Times bestselling book. The company''s newsletter was initially created to share their entrepreneurial journey with their family and friends. Saying, ''Hey, we want to pay you to write a book.’

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How To Become a VC

InfoChachkie

I define a "VC" as, "a professional investor who deploys third-party funds into relatively early-stage companies." All you need do to become an Angel is identify a promising venture and write a check. Spend as much time as possible in the company of aspiring and accomplished entrepreneurs. Microscopic Industry.

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Twitter Networks are Different than Social Networks

Both Sides of the Table

I’ve talked about how Twitter is a new form of RSS (curated RSS), it’s a a new form of IM / SMS , it’s a place where business is conducted and it’s a place where advertising will drive leads due to the link sharing nature of Twitter. I think they’re missing something. I instantly loved the guy.

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Startup Tips From College Dropouts: Zuckerberg, Jobs, Gates, Dell, Ellison, Branson and Disney

InfoChachkie

Mark Zuckerberg – “The dynamic of managing people and being CEO in a company is a lot different than being college roommates with someone.”. Although it may be comfortable to start a company with your friends, it is a mistake, unless your friend(s) happens to be ideally suited to their role in your venture. We just want to do it.

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