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How Boards Need to Evolve Over Time

Both Sides of the Table

When you first start your company and raise initial venture capital your board probably consists of 1-3 founders and 1-2 VCs. Most experienced VCs won’t push you to give up founder control at this stage of the business nor should they. As You Start to Mature. In the Early Days. Mentorship.

Startup 325
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This Philanthropist Is Winning Skirmishes With Poverty By Tapping Into An Inner City’s Entrepreneurial Spirit

InfoChachkie

However, far less attention has been applied to entrepreneurial philanthropy, in which a startup mindset and accountability is applied to issuing non-profit grants. Even the organization''s lexicon reinforces its startup mindset. The convergence of startup principles and the world of philanthropy makes total sense.

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Don’t Let Your Startup O.D. On Cash

InfoChachkie

Raising too much cash, too early, can kill your startup. Startups should only spend their money on initiatives that deliver a discernible, measurable return on investment. If there happens to be a gas station along the way where you can fill up for a reasonable price, great. Sound counterintuitive?

Startup 100
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How This Startup Turned An April Fools Joke Into Customers

InfoChachkie

The team''s ability to drive significant customer interest without spending a dime on marketing was one of the reasons Jim Andelman and I invested in the company. To learn how other startups can emulate Divshot''s latest marketing win, I spoke with Michael Bleigh, the company''s Co-Founder and CEO. Don''t Force It. Don’t Over Think It.

Custom 153
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George Powell – Doing Well By Having Fun

InfoChachkie

During that time, his tenure as a young engineer at HP caused him to vow that when he started a company, he would create a culture that treated all employees with respect and humility. In 1978, George teamed up with 20-year old Stacy Peralta, a world champion skateboarder. After speaking with Mr. Powell, it was clear he fit the bill.

Mentor 100
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VC Seed Funding is Dead, Long Live VC Seed Funding!

Both Sides of the Table

This posting was inspired by an email from Rajat Suri who wrote me an email in response to Chris Dixon’s blog post (link below) from August, which recently re-ran on Business Insider and has generated much Twitter chatter. If a VC term sheet comes in they begin their due diligence process. I was an early cynic. What gives?

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Confessions Of A VC: Crap – Why I Passed On Uber’s Seed Round

InfoChachkie

Too bad, as the initial funding round has increased over 4,000 times in value, making a $250,000 investment worth more than $1,100,000,000. However, passing on a killer investment is not the worst error an investor can make. However, passing on a killer investment is not the worst error an investor can make.