Remove conventional-wisdom
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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. Most entrepreneurs (and VCs raising from LPs) think this means progress. Entrepreneur : “Sure. Some people find this elitist?—?I

Funding 336
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Startup Lessons From Pink Floyd’s Dark Side Of The Moon

InfoChachkie

Entrepreneurs can learn a great deal from the manner in which Pink Floyd created DSOTM. Instead of refining their material based on customer feedback, they often lock themselves away in a recording studio, isolated from their fans' reactions. If you haven't already subscribed yet, subscribe now for free weekly Infochachkie articles!

Startup 269
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Entrepreneurs Should Go For The Quick Buck – Then Stop - Initial Business Models Can Be Enticing But Limiting In The Long Run

InfoChachkie

Many entrepreneurs encounter a similar dilemma. Thus, entrepreneurs must decide when to stop listening to the Sirens’ song of a quick buck and position their company to take advantage of long-term, sustainable business models. However, in the long run, entrepreneurs always benefit from delivering Maximum Utility for a fair price.

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To Be Successful You’ll Need to Shake Hands and Kiss Babies.

Both Sides of the Table

I had a very enjoyable day in Cincinnati meeting many local entrepreneurs, angels and accelerators. In the age of Skype, email, cheap telephony and collaboration tools it’s all too easy to sit in your office and connect with people remotely. It’s how you gain customer insights. It’s Wedneday. I mention this for a reason.

Press 364
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How The Right Employees Have An Innovation Advantage

Startup Professionals Musings

Conventional business wisdom tells us that entrepreneurs are today’s main source of innovation. In fact, a Wharton Business School study in this decade of the “Top 30 Innovations of the Last 30 Years,” concluded that only eight were first conceived by entrepreneurs, and twenty-two were conceived by employees.

IBM 53
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How to Develop Your Fund Raising Strategy

Both Sides of the Table

I raised money as an entrepreneur, like you, in 1999, 2000, 2001, 2003 and 2005 for two different companies. I never suggest that entrepreneurs just randomly pitch VCs. You’ll never make a great entrepreneur. So your journey to fund raising begins by strengthening your relationships with other entrepreneurs.

Develop 366
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VC Seed Funding is Dead, Long Live VC Seed Funding!

Both Sides of the Table

This posting was inspired by an email from Rajat Suri who wrote me an email in response to Chris Dixon’s blog post (link below) from August, which recently re-ran on Business Insider and has generated much Twitter chatter. I told entrepreneurs that it was a bit of a Faustian bargain. I was an early cynic.