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How do you pay an early-stage board?

Berkonomics

Give one percent equity to each outside board member vesting over two to four years of service. Pay early-stage board members of companies that are not lifestyle businesses one percent of the fully diluted equity in the form of an option that vests over two to four years of service. How do you set the option price?

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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 most counter-intuitive fund-raising advice you’ll ever get I’m about to offer you some fund-raising advice that flies directly in the face of what most conventional wisdom will tell you. Let me start out with my premise: “Data rooms are where fund-raising processes go to die.” I mean, in a real fund-raising process?

Funding 336
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Funding the Big Idea

SoCal Tech Calendar

Tuesday, October 11, 2011 -- Funding the Big Idea! TriTechs 3rd annual funding conference where businesses and entrepreneurs interact with investors and also get a chance to look into the mind of investors in order to find out what it takes to become investor ready.

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TriTech's 3rd Annual Funding Forum

SoCal Tech Calendar

Tuesday, October 11, 2011 -- TriTech's 3rd Annual Funding Forum. Funding the Big Idea! TriTech's 3rd annual funding conference where businesses and entrepreneurs interact with investors and also get a chance to look into the mind of investors in order to find out what it takes to become "investor ready".

Funding 124
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StartEngine Joins ICO Bandwagon

socalTECH

Los Angeles-based equity crowdfunding site StartEngine is looking to get into the "initial coin offering" (ICO) market, saying that it is planning on becoming one of the first crowdfunding portals to accept Initial Coin Offerings. READ MORE>>.

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How Many Investors Should You Talk to in a VC Fund Raise? And How Do You Prioritize?

Both Sides of the Table

The most important advice I could give you before you set out in fund raising mode is to understand that fund-raising a sales & marketing process and needs to be managed. One of the most important aims of a fund-raising process is to keep similar firms at the same stage of your process. Why 8–10 and not just 3–4?