When Founders Need Referrals to Meet Investors, Fix This About Your Startup Ecosystem
Friday, 08 November 2024
In a well-functioning startup ecosystem, founders should know who their potential investors are and how to connect with them. In a supportive startup ecosystem, founders should know how to develop ventures that attract attention, supported by journalists and ecosystem leaders who promote fundable startups, so that investors engage them. Yet, we often see founders struggling
- Published in Raising Capital, Startup Ecosystems
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Founders, VCs Might Not Like My Sharing This, But They Should
Thursday, 21 September 2023
One of the more challenging skills to help develop in a founder, is being able to discern b.s. from experienced and valid advice. As you might imagine (and I hope you can relate from the all too prolific frequency with which this happens), it’s particularly difficult to know how to put questions back on a
- Published in Insights / Research, Startups
“Venture Capital Destroys Value” – What??
Wednesday, 04 August 2021
The conversation recently had started, “Why do venture capitalists invest in startups if many of them are losing money and destroying value?” and I had to pause when I heard the point of view because I couldn’t even rationalize how someone thinks that way. Then of course it dawned on me that lately there has
The Funding Flywheel
Wednesday, 09 September 2020
Businesses and startup founders learn early of a critical methodology in sales referred to as a funnel. Developing products and services, marketing is the process therein by which organizations get to know potential customers and then profile people so as to better understand the needs and motivations. The goal, of course, being the conversion of people
- Published in Advertising, Startups
Why Angel Investors are so Sought After
Tuesday, 18 August 2020
A great many new ventures are NOT businesses. They don’t yet know customers, have a business model, nor see a clear path to making money. We refer to these as “startups” Startups are distinct from new businesses (and new businesses are not necessarily startups) in that the business model is NOT known. This means such
- Published in Startups
How Startups and Small Businesses Differ When it Comes to Funding
Monday, 04 March 2019
Funding doesn’t determine a startup from a small business; the nature of the business determines the funding. Twist of logic perhaps, so let’s explore it. Very frequently, I find small businesses looking to raise venture capital; let me cut to the chase that such efforts are almost always wasting their time. The distinctions between small
- Published in Startups
Funding a Venture Before Angel Investors
Monday, 04 March 2019
This is a tough question to broach with entrepreneurs but it’s one that comes up almost daily. From where does the money come to start?? There is a reason most entrepreneurial success is found by people in their 40s… being able to leverage a network, drawing from experience, and having the money available to start
- Published in Startups