Remove Conversion Remove Founder Remove Lean Remove Term Sheet
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The Due Diligence Hierarchy of Pain

View from Seed

When a founder is raising money, he/she should expect that any serious investor will conduct some level of due diligence before getting to yes. They tend to have some sort of framework in their mind with a hierarchy of conviction and hierarchy of pain they are willing to put founders through. Meeting with other members of your team.

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The End of Syndication

View from Seed

The classic scenario is when a VC has a signed term sheet to lead a round, but has left room open for another meaningful investor. Especially in the age of zoom pitching, founders can create a fairly wide top of the funnel, and talk to a large number of investors to find a good match for their round.

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How Many Investors Should You Talk to in a VC Fund Raise? And How Do You Prioritize?

Both Sides of the Table

This is part of a series of advice for founders who need to raise money from venture capitalists. Somehow many first-time founders equate “sales” with something that is beneath them. I always tell founders … “An investors job is to deploy capital and make a return. This is where most founders err. To be clear?—?your

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Why Confidence is So Important in Fund Raising

Both Sides of the Table

I told him, “I know we don’t yet have a term sheet so you feel you need to listen to everybody’s request. But imagine you were expecting two term sheets imminently. I recommended that the founder politely cancel the call because we had other great firms actually taking meetings. “If How would you act then?

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Airbnb Reflections

Reid Hoffman

These are really good founders and I think this is an interesting space.” Further, when additional people kept mentioning Airbnb to me and praising the founders, I should have asked myself how a smart, capable person would refine the idea.). Those two minutes showed me that Airbnb’s founders wanted to play in the big leagues.

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A Quality Benchmark for Accelerators: The Global Accelerator Network

Feld Thoughts

As with everything new that grows quickly, it’s a chaotic system with lots of innovation, creative destruction, and rapid change and learning that – if done well – is a great example of the power of the Lean Startup approach to entrepreneurship. Provide some sort of seed capital to their founders.

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A conversation with Scott Kupor of Andreessen Horowitz, author and speaker at Lean Startup Conference 2019

Startup Lessons Learned

He’ll be speaking at this year’s Lean Startup Conference , and also has a new book (for which I very happily wrote a short foreword) coming out next month: Secrets of Sand Hill Road: Venture Capital and How to Get It. I’ve seen many founders not fully grasp how the venture capital business works and what incentives investors have.

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