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TechCrunch LA

Get this newsletter in your inbox every Thursday by subscribing on TechCrunch’s newsletter page. Molecule , a platform where DAOs can back medical research projects, secured $13 million in seed funding led by Northpond Ventures. In tradfi, investors can specialize based on products (e.g. crash redux. the week in web3. “I

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7 Ways To Preclude The Most Common Investor Rejection

Startup Professionals Musings

Almost every early-stage startup who has approached investors for funding has heard the innocuous sounding rejection “I love your idea, but come back when you have more traction.” Free and freemium products need a solid base. Free and freemium products need a solid base. First of all, a definition. Market penetration.

Startup 121
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How to Prepare for a Board Meeting to Make Sure you Crush It

Both Sides of the Table

If you buy into the argument that a strong board can actually help you then this post will lay out how to help you have more productive meetings by preparing properly in advance. There are too many pages. This is part of a broader series on Board Meetings. It passes the weight test.

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Your Product Needs to be 10x Better than the Competition to Win. Here’s Why:

Both Sides of the Table

The idea actually came to him from the Yellow Pages business. He took out an ad in the Yellow Pages (it was the early 80′s, pre Internet), which cost him $1,000 / month for a half-page ad. So the Yellow Page business was always “pay for placement.&#. If it worked in the Yellow Pages, why not on the Internet?

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5 Paths To Snag That Key Leader For Your New Venture

Startup Professionals Musings

If you are a young startup founder, how do you find that CEO or other executive for your “dream team” to close on funding or complement your skills to kick start your company? Even with a good CFO, your CEO is the top fund raiser. Most founders are product guys. Create and sell a financial model.

Startup 163
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Traction Metrics Seed Real Startup Funding And Growth

Startup Professionals Musings

If it’s so important to investors, perhaps you should be using traction to measure your own progress, independent of a need for additional funding. According to most experts , business traction is evidence that somebody really wants your product. Visibility increases over time are traction. Use these metrics rather than hide them.

Metrics 57
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4 Keys To A Successful Integrity Check With Investors

Startup Professionals Musings

Here investors are looking for feature problems or quality issues on the current product. A hard look will be taken at the technology maturity, the current development progress, and customer satisfaction with early product shipments. Status of the solution. In addition, manufacturing and inventory levels will be reviewed.