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How to Talk About Valuation When a VC Asks

Both Sides of the Table

So why does a VC ask you? One of the hardest things about the fund-raising process for entrepreneurs is that you’re trying to raise money from people who have “asymmetric information.” VC firms see thousands of deals and have a refined sense of how the market is valuing deals because they get price signals across all of these deals.

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Roping in the Legal Eagles

InfoChachkie

This is a reposting of a ‘classic’ popular post. Johnnie Cochran was an effective, albeit smarmy, defense lawyer who would say or do anything to defend his clients (anyone up for a glass of OJ?). He was a master at encouraging jurors to disregard facts and base their legal verdicts on emotions and conjecture. Substance Over Form.

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Ten Rookie Startup Mistakes You Won’t Make

InfoChachkie

Fallacy: AdVentures tend to evolve once you begin speaking with pesky customers and demanding partners. Rationale: My idea is so mind-blowingly fantastic, I can sit back and count my money while someone else does all the heavy lifting to make my idea successful. During those same 25-years, I also made innumerable mistakes.

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