Remove Equity Remove Sales Remove Study Remove Writing
article thumbnail

Why you should never have a data room — the most counter-intuitive fund-raising advice you’ll ever…

Both Sides of the Table

For starters you have to realize that fund-raising is a sales process. The buyer is shopping for equity in startups and the seller is looking for cash in exchange for equity and shared governing control of his or her company. You are going to “study” the details before making a decision. Yeah, sure. It felt like heresy.

Funding 336
article thumbnail

What Makes a Great Independent Board Member?

Both Sides of the Table

When an entrepreneur takes on investors who take equity (i.e. The board is where large equity investors get their representation. I really like it when independent directors write a check into the company. That way somebody who writes $25,000 gets $50,000 worth of stock plus warrants. obviously make an exception.

Startup 187
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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. Somehow many first-time founders equate “sales” with something that is beneath them. In sales there are also three rules: Qualify, qualify, qualify.

article thumbnail

Startup Tips From College Dropouts: Zuckerberg, Jobs, Gates, Dell, Ellison, Branson and Disney

InfoChachkie

Facebook had to resolve expensive and time-consuming litigation related to promising early hires senior positions and substantial equity stakes. Bill Gates – “The best way to prepare [to be a programmer] is to write programs, and to study great programs that other people have written.

Tips 279
article thumbnail

7 Plan Elements That Separate Businesses From Hobbies

Startup Professionals Musings

Marketing, sales, and customer experience. When sizing your funding request, be aware of the value of your startup today, since most investors expect an equity share for their contributions. If you don’t have the time to write things down, or your writing skills leave something to be desired, don’t be afraid to get some help.

Startup 65
article thumbnail

Top 120 Startup Posts for 2010

SoCal CTO

Both Sides of the Table , July 22, 2010 An updated Digital Trends presentation - Jeff Hilimire , June 2, 2010 I do what I hate - Jessica Mah , January 7, 2010 Startup Equity Allocation - charliecrystle.com , January 11, 2010 When good investment decisions end up backing more women CEOs: Conversation with Cameron Lester at Azure Capital.

Startup 378