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How You May be Signaling Price without Knowing It

Both Sides of the Table

I was having a chat with an entrepreneur who I really like and who I try to mentor from time-to-time. He was price signaling without knowing it. My view is that investors in this situation start to form ideas about what the valuation would be even though you aren’t naming a price. One problem. It was the silent killer.

Pricing 284
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Some Reflections on VC Investment Decisions

Both Sides of the Table

In early-stage, concentrated venture you have to be willing to let some “hot” deals pass you by whether it’s because you’re not persuaded about the team, the market, the price, the syndicate or a host of other reasons including it being too similar to other investments you’ve made. Price matters.

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Here is How to Make Sense of Conflicting Startup Advice

Both Sides of the Table

Many startups now go through accelerators and have mentors passing through each day with advice – usually it’s conflicting. He came to me months ago asking about a “strategic round” of capital for his startup at a high price. I told him that a high price now wasn’t always the best solution.

Startup 407
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Bolstering the Partner Ranks at GRP

Both Sides of the Table

He shared tons of information about how how they were using marketing to quantitatively make marketing decisions at HauteLook and acquire customers for prices that were far cheaper than similar companies. Natural mentors – a desire to help. I instantly hit it off with Greg because we was a fountain of knowledge.

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Who Should you Hire at a Startup?

Both Sides of the Table

And you can always bring on a senior person as a mentor / coach to help guide you personally to become a better sales leader until you’re ready for somebody more senior on your team. He felt that we didn’t price correctly and he didn’t want to see customers until he had a grip on it. WTF!! ?? !!

Startup 327
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7 Key Strategies For Joining The Freelancer Evolution

Startup Professionals Musings

She speaks from years of experience mentoring and facilitating independent contractors and helping large companies, since well before the term “gig economy” was even coined. As a new business advisor and mentor myself, I enjoyed her recommendations on many of these issues. Quantify value to the client as price boundaries.

Pricing 149
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Announcing a Deal I’ve Wanted to Talk About for a Year

Both Sides of the Table

I acted as the occasional mentor, advisor and coach to Ethan. He had an idea for a startup that would help consumers better book service jobs and would take on Service Magic, which he believed had a business model that could be disrupted. The company was called Red Beacon. I was standing with him when he won the TechCrunch 50 award.

CTO Coach 359