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How to raise an angel round in 10 simple steps

Gust

You should know every metric regarding customer acquisition, conversion and retention. It sounds obvious, but the majority of entrepreneurs who pitch me have obviously never thought through many of the major issues surrounding their companies. You should know EVERYTHING about your business, product, customers and competition.

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4 Startup Tenets for Extreme Focus on Customers

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Then you can decide on a marketing program, loyalty program, or a level of attention that is appropriate to each group, for acquisition, retention, and profitability. That means setting up operational and financial metrics, educating team members, and rewarding the right actions. Remember, this is not a one-time effort.

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Keep It Under Your Hat: Valuation Caps and the $650 Million Sale of MySpace for $125 Million

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Never missing an opportunity for a good war story, I’d like to revisit one high-profile transaction, the $650 million acquisition of MySpace by Fox Interactive Media in 2005, on which I spent many sleepless nights along with the rest of the deal team. Read on for a fuller explanation. Intermix and its advisors weren’t fools.

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How would you break down the process of raising an angel round of investment in 5-10 steps?

Gust

You should know every metric regarding customer acquisition, conversion and retention. It sounds obvious, but the majority of entrepreneurs who pitch me have obviously never thought through many of the major issues surrounding their companies. You should know EVERYTHING about your business, product, customers and competition.