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. These collective sets of documents form the basis of what somebody looking at investing would call “financial due diligence.” It doesn’t.

Funding 336
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Choose Your VC Investor Carefully

Both Sides of the Table

I like to say to first-time entrepreneurs, picking a VC is more permanent than marriage. Keeping a blog has been great because so many entrepreneurs have written me with questions about their companies and I’ve gotten to know many of you personally through the process. I guarantee this is a bad VC. There are many great VCs.

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Making Revenue Sharing And Cost Savings Deals Work – Sharing Means Caring

InfoChachkie

Despite the pathetic nature of Barney deals, the big purple dinosaur offered sound business advice to entrepreneurs in a TV episode entitled, “Sharing means caring.” It allows them to avoid the opportunity costs of entering into an agreement that does not yield adequate revenue or cost savings to justify the time and resource investment.

Resource 154
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Know When To Declare Defeat And Toss Out A Bad Idea – Do Not Be Afraid To Say, “That Baby Be Ugly!”

InfoChachkie

The ability to objectively critique ones creative output is vital to an entrepreneur. For instance, when a venture capital partner votes for a follow-on investment in exchange for the future support of one of her investments, idea cronyism is at work. Evaluate each of the following metrics on a scale of 1 – 10.

Ideas 187