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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 have to back up and give you more context.

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One Man’s Signal is Another Man’s Noise

Both Sides of the Table

It’s apropos because there is so much noise these days with email, Twitter, Facebook, blogs, web shows, etc. Just look at what happened with Yuri & Ron funding the YC deals. He’s committed to getting through every email. It’s not because I don’t want to respond to all emails – I do.

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Secure Enterprise Sharing Provider CapLinked Announces $3.5M Round

Tech.Co

CapLinked , a secure enterprise sharing and storage provider, today has announced a new round of funding totaling $3.5 The round is led by Subtraction Capital, and includes investments from PayPal co­founder Peter Thiel , Indicator Ventures, and venture debt lender Western Technology Investment (WTI). Gigs and gigs of data.

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Entrepreneur’s Don’t Think Enough. Here’s What You Can Do About It …

Both Sides of the Table

And I get flooded with legal docs, end-of-quarter financial administration, recruiting, whatever. Do you find yourself too much in email mode? I regularly shut down my email so that I don’t get pop-up alerts when I’m working. Board Meetings. Conferences. I get sucked up in “Do” mode.

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How Much Information Should you Give VCs for Due Diligence?

Both Sides of the Table

I often caution entrepreneurs about seeing too many VCs when you’re beginning your fund raising process both because information tends to leak and because if you see too many people who talk with each other you’ll soon have whispers amongst all of the VCs who “passed on you” and your deal will seem over-shopped and lacking in momentum.

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Congrats To The Spotlight: LA Tech Summer Presenting Companies at CalTech

Tech Zulu Event

andi lets you 1) multitask on screen with live panels and transition to and from multiple task sets, 2) browse offline docs and apps in the same multitask environment as online activities, and 3) organizes and manages unlimited panels and queues in a single active session. Xavor invest through our dependable consulting services.

CalTech 100
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Time is the Enemy of All Deals

Both Sides of the Table

Morgan Stanley then funded one of our competitors. Had I delayed my fund raising in 99/00 by even 3-4 weeks I’m convinced I would not have raised any money at all. I’ve offered to fund an early stage company where I promised cash in bank in less than 30 days. I’d send them their email and point out the docs were late.