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How Boards Need to Evolve Over Time

Both Sides of the Table

With small amounts of money invested (sub $3 million) the risks are reasonably low for most VCs and the consequences of bad decisions or decisions a VC has limited say in is tolerable. And here’s an important point that I think modern entrepreneurs often forget: Investors are “co-owners” of your business.

Startup 325
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Startup Fundraising 101: Getting Ready To Raise A Round

Tech Zulu Event

And when it comes to timing, wait until you’ve come up with a working prototype and developed your product before you seek external funding. These are usually the first sources entrepreneurs tap. If you go this route, be careful to make the stakes clear: i.e., that they could lose their whole investment. Crowdfunding.

Startup 40