Ah – the joys of having super smart entrepreneurs to do our writing for us. Dick Costolo has today’s post of the day up titled No Exit. In this post, he ponders the answer to the age old question “What is your exit strategy?” I hope this – and the appropriate discussion – gets cross-posted […]
Will Herman has today’s excellent post up titled Prune and Upgrade as You Go. It starts out with a quote from one of the board members from one of his early companies: “any day, any time, you can fire a canon through the company’s building and not miss the employees taken out in the blast.” […]
One of the questions that we get most often is “why are VCs such jerks?” or some sort of derivation thereof. Specifically, people complain about: – VCs not returning calls / being unresponsive – VCs not understanding how good of an investment my company is – VCs stringing along entrepreneurs when they know they aren’t […]
Q: We’ve developed a web-based security product whose primary application was intended for the financial industry. Since inception we’ve since began pursuing two other business lines, also based on the software, that can be considered conceptually different from the product we initially brought to market. We’re debating whether we should pursue these product lines under […]
Question: As a start-up with no history and no customers (we haven’t launched yet) how do I figure out how much equity to assign to myself as the founder? I have spent the last one year developing and writing the business plan. I hired two consultants both MBA’s with real world experience to help in […]
Question: I am the CEO of a company my board is looking to hire a new CEO, for fund raising purposes, and has identified a candidate. The candidate was in fact referred by a VC, I was asked to interview the candidate and provide feedback. I did this and the interview went fine however I […]
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