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Generative AI – The End of Empty Textboxes

TechEmpower

Drop-off on the first page of an application is bad news. Leveraging LLMs to help users fill in text, whether it’s by providing starter content, samples, or highly personalized tips, makes their lives easier. Since LLMs can understand text as well as generate it, the tips could be interactive as well as personalized.

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10 Tips For Crafting An Investment Grade Venture Plan

Startup Professionals Musings

You can cover everything you need to convey in 20 pages of text. The one-page Oprah plan is a good executive summary, but it’s not enough to get the investment. Use page breaks to separate sections. When in doubt, go to the next page. Nobody worries about having to turn to the next page. Include table of contents.

Invest 135
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5 Tips For New Entrepreneurs Needing Investor Funding

Startup Professionals Musings

For the more traditional investor, or for that chance meeting in a real elevator or meeting, you need a two-page brochure (two-sided page). I’ve seen a lot of startup presentations, and I’ve never seen one that was too short - maybe short on content, but not short on pages. Pitch your company, not your product.

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5 Tips For Startups Looking For A Great Solution Idea

Startup Professionals Musings

Equally often, I see startups who are on the road to implementing an idea, but haven’t figured out what problem it solves – the business plan waxes on eloquently for 20 pages about how great this product and technology is, but never gets around to defining the problem (investors call this the “solution looking for a problem” syndrome).

Ideas 145
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11 Quick Tips to Get More Value out of Your Board

Both Sides of the Table

I can’t change who your board members are so let me offer some thoughts on how to make your interactions with your board more productive. Nothing drives me more bonkers than board members who want to hold dissertations on 409a valuations, product feature minutiae or spend 30 minutes on how many people they know that they can introduce you to.

Tips 212
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10 Business Plan Tips Too Many Entrepreneurs Forget

Startup Professionals Musings

You can cover everything you need to convey in 20 pages of text. The one-page Oprah plan is a good executive summary, but it’s not enough to get the investment. Use page breaks to separate sections. When in doubt, go to the next page. Nobody worries about having to turn to the next page. Include table of contents.

Tips 96
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6 Tips For When And How To Disclose Your Startup Idea

Startup Professionals Musings

First of all, I will admit that there is some risk involved with talking to any potential investors, even with an agreement, just as there is risk in all the elements of your plan, product and market opportunity. Product details in the public domain can never be patented. Unsolicited proposals or requests for information.

Ideas 159