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How Do You Reference Check a VC?

Both Sides of the Table

How do you then reference check your VC to be sure that you’ve chosen a good firm and partner? First, I would say that most entrepreneurs do almost no reference checks or at least do them very informally. For some reason most entrepreneurs do. Happy reference checking. Don’t let that be you. Except GRP.

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10 Course Corrections Every Startup Should Memorize

Startup Professionals Musings

The popular view of a real entrepreneur is someone with a big vision, and a stubborn determination to charge straight ahead through any obstacle and make it happen. His popular book on this subject, “ The Lean Startup ,” lays out how today's entrepreneurs use continuous innovation to create radically successful businesses.

Course 109
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5 Steps To Finding The Best Investor For Your Startup

Startup Professionals Musings

Struggling entrepreneurs are often so happy to get a funding offer that they neglect the recommended reverse due diligence on the investors. Reverse due diligence on the investor is a comparable process whereby the entrepreneur seeks to validate the track record, operating style, and motivation of every potential partner.

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7 Keys To Strategic Partnerships That Profit Everyone

Startup Professionals Musings

Entrepreneurs seem to have blinders on when looking at competitors. Where your competitor isn't really competing with your direct market, you can refer business to each other without anyone losing customers. No entrepreneur has all the insights they need, and none should be so arrogant as to assume they hold all the cards.

Startup 105
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Kara Nortman Was Just Promoted to Co-Managing Partner at Upfront Ventures. Here’s What it All Means

Both Sides of the Table

leadership, mentorship, competitiveness, communications, relationship-building?—?and and of course a relentless pursuit of helping founders succeed. The fact that Kara doesn’t have what my wife likes to refer jokingly as my “Y chromosome problem” is beside the fact. She had all of the skills and traits we sought?—?leadership,

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5 Priorities Before You Bypass Professional Investors

Startup Professionals Musings

As an advisor to many entrepreneurs, I still hear frequently the irrational exuberance that crowdfunding is the quick alternative for startups that are passed over by overly demanding angels or venture capital investors. Of course, if the campaign does not meet or exceed the funding objective, you get nothing.

Startup 100
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6 Strategies For Establishing A Vibrant Business Team

Startup Professionals Musings

Creating the right company culture must be a top priority of every entrepreneur and business leader. Most entrepreneurs start from a base of one or two co-founders, and their vision and focus is on developing an innovative solution, rather than developing people. Measure and measure again, and be quick to course correct.