I’ve noticed that many first time founders and/or first-time fundraisers set milestones, metrics and speculative traction based on what they want but not what the next round of investors might want.
I’ve always been told that it’s not what you say that matters most but what people hear. This is something that I find a lot of people don’t generally think about ahead of time, especially founders when they pitch investors. You have a limited amount of time to get your message across, so make sure […]
By make money, I mean money-over-over, they got back more than they put in. Seriously ask any of your friends who invest if they actually know someone and they’ll most likely have to think about it and get back to you. So why am I saying thing about the industry I’m in and have devoted […]
Well that was an interesting year! So lets wrap it up in style and start making some predictions for what to expect next year and how we can top it because everything needs to go up and to the right. The bigger seed rounds will continue. As I mentioned in my previous post, micro funds raised […]
Angels and VCs are not trying to be Fortune Tellers who can predict the future, as much as we want to. Our immediate goal after investing in your seed round is that you get to your next round by hitting your numbers/projections in around a year so. With momentum behind you, you can then spend […]
As the Uber drama continues to unfold in front of us like tabloid news, it has finally escalated to an early investor suing the founder. Rumors, leaks, confirmations and speculation are rampant because they are the highest valued private company in the world, investors have billions at stake and we’re really in uncharted territory. I’m […]
Yes, it’s true that we say around 90% of startups will fail, but lets be honest, it’s mostly an anecdotal statement that we hope won’t come true. Building on that, we also like to say that: “entrepreneurs are in the business of failure, and investors are in the business of exits”. I would love to […]
I’ve met with hundreds of startup founders over the last two years, heard almost every idea possible, and whenever they ask what we invest in, my first response is generally “founders first,” then everything else. At the early seed stage when you generally have a well thought-out idea, maybe an MVP, and hopefully some initial […]
Investing in a startup is easy, but getting positive returns (hopefully money-over-money) is damn near impossible. At the early pre-seed or seed stage, we are betting that whatever a founder is planning will take 12–18 months to accomplish, and 3–6 months to raise their next round during that time as well. But once we make […]
Helping is hard. Through out the process of a startup there are so many times that someone can be helpful to you. You can get introduced to them, meet them at an event or just cold email them and hopefully create an opportunity. Unfortunately there is only so much time in a day and only […]
Have you ever bought something expensive and not used it? This is how many investors feel.