article thumbnail

Last Exit Wall Street: 7 Considerations When Raising Venture Capital

From the Venture Trenches

Whether it is launching a website, developing a minimum viable product, making strategic acquisitions or building out your sales team the founder must have a firm understanding of what it is they want to accomplish, the value it will create and how long the milestone will take to accomplish. Can you afford the distraction?

article thumbnail

Frank Addantes FounderBlog: The Kool-Aid Test: “Why do I need anything? Why do I need yours? Why do I need it now?"

Frank Addante

Web Development & Marketing Technology) Exit: evolved into L90 (next company) Lesson: What you dont know cant stop you. because they are so focused on being better than their competition. (Wireless & Voice Application Software) Exit: technology acquired Lesson: Timing is critical. Startup 3.0: Be scrappy. ReaXions, Inc.

Startup 40
article thumbnail

Frank Addantes FounderBlog: Startup 5.0 – I’m just going to chill out for a bit… (OK, for a month…)

Frank Addante

Web Development & Marketing Technology) Exit: evolved into L90 (next company) Lesson: What you dont know cant stop you. In Silicon Valley, people are much more competitive, have more focus/experience in software backgrounds and often focus more attention on the methods first, then the results. Startup 3.0: Be scrappy.

Startup 40