Alex Iskold shares some insights he has picked up over the last seven years writing checks at Techstars NYC and 2048 focusing on how fund economics for pre-seed investing differs from other stages of venture investing.
This post will help you learn the various stages of the marketing funnel, the right tactics and metrics to explore at each stage of the funnel, and how to translate that into an effective media mix.
“I’m staring down the barrel of having to do a massive layoff at my company and tear down tons of work and decisions we’ve made. This feels awful. Is there any way to look at this situation as a positive, and if so, what should I be optimizing for (other than hair loss)?”
The idea is essentially to raise the capital in tranches using multiple valuation caps, to minimize founder dilution, and to reward the earliest investors who aren’t just willing to commit but are willing to wire the capital too.
I’m thinking about using some of my equity to make a big move in my startup, but I’m worried about losing too much equity in the process. When is the right time for me to give up some equity and when should I hang back and look for a better situation?
What is an entrepreneur (last time I looked, entrepreneurs are people, too, subject to all the slings and arrows of human experience) to do during a dark moment like this? How can an emerging business move forward when everything is locked down?
You need to make sure that everyone on the team, from the clerical assistant to the chief financial officer, knows your vision and product, and doesn’t hesitate to actively engage and be an effective proponent with anyone who might be of value to the business. Here’s why…
Most entrepreneurs are so overwhelmed by the day-to-day challenges of their business that they rarely take the time to work on longer-term strategy (they work in the business versus on the business). As a result, strategy decisions are made in the same ad-hoc crises style as operational decisions, and the business suffers. Gut reactions are rarely the optimal solution to any problem.
Scientific exploration of the microbiome represents the opening of one of the greatest new areas of science in decades, perhaps centuries. It has the potential to rival Einstein’s impact on physics or the double helix on understanding biology. While young, this area shows historic potential across a dizzying expanse of health and human experience.
Good hell, I feel like no matter what I do, I keep making the wrong decisions! I feel like I’m not cut out to be a Founder. There has to be someone out there that’s killing it while I’m hiring the wrong people, talking to the wrong investors, and going after the wrong customers. What am I missing here?
Over the last few years, the number of startups and solution providers in the technology space has been growing to handle everything from social media marketing and customer experience personalization to fraud prevention and shipping management. A market crowded with service providers can be good for e-commerce merchants, because it’s easier than ever to find solutions that work with your business model. But technology isn’t the only factor to consider. To make sure you’re picking vendors and partners who will stand the test of time and help you compete in a rapidly accelerating field, it’s also wise to consider each option’s funding structure, experience, and data resources.