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
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Startup Founders, a Good Idea Solves a Problem, A Great Idea Creates Value
Thursday, 29 June 2023
We have a huge problem in the startup ecosystem; that’s that most founders have been misled by a lot of people to think in terms of Problem / Solution. That a solution to a problem is what matters foremost in a startup. And that has led to the notion that validation is a simple matter
- Published in Insights / Research, Startups
Developing Austin’s Startup Ecosystem
Tuesday, 28 February 2023
Regional culture, history, and infrastructure are the qualities of a region of the world that drives innovation, jobs, and economic development because technology is ultimately about people and their potential. A really a wonderful article about Austin in The New Yorker sparked a series of wonderful discussions of the past and present of the Austin
- Published in Industry, Startup Ecosystems, Startups, Texas Startups
I’m Afraid VCs Will Take Over
Tuesday, 17 January 2023
How do startup founders protect their company from investors in the shareholders’ agreement? Should they? Protect from what?? Seriously, think about it for a moment. The startup community is flooded with people who ‘don’t want VC,’ think, ‘investors will take over,’ and fear the influence or control of investors. This paranoia is a problem in
- Published in Startups
Startup Valuations May Vary, Here’s Why and What You Need to Know
Monday, 05 December 2022
Businesses are valued based a multiple of earnings and profit. The variation stems from a few things associated with what that multiple might be (since earnings and profit are evident) Investor opinion about the capabilities of the executive team Investor awareness of competition, threats, and opportunities Investor knowledge about the market, trends, and potential regulation
- Published in Startups
Neither Your Product nor Your Idea is Fundable
Sunday, 14 August 2022
How do I sell a startup that has a validated solution yet neither users nor revenue? Among the primary FAQs within startup incubators and of advisors, is how do I get my product funded? You know the question through the variety of ways in which it emerges: How do I raise startup capital for my
- Published in Industry, Insights / Research, Raising Capital, Startups
New Business or Startup? It Matters
Friday, 01 July 2022
I’ve been the “Grumpy Get Off My Lawn!” about this over the years and tend to just roll with the people who are adamant that words are interchangeable, feeling that it’s not worth pushing when people want to say one thing can mean another. Of what have I been grumpy? Words matter. An investor in
- Published in Insights / Research, Startups