Remove Conversion Remove Hiring Remove Revenue Remove Strategic Investors
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How to Have a Smarter VC Strategy

Austin Startup

Convertible debt is best when you don’t yet have revenue or a good sense for your valuation, because it allows you to raise money on the basis that the valuation will be set one to three years in the future, based on execution of the early business model. The right investors can fill two gaps, the money gap and the knowledge gap.

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When Not What

Austin Startup

If you are growing and hiring, you will find people more amenable to changing jobs at some times than at others. There’s likely to come a time when you need to hire an industry veteran, or the best rainmaker in the field, or a hands-on and wizened operations person to make sure you are meeting customer expectations.

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Deal with Your Elephant in the Room

Both Sides of the Table

There’s an old saying that if I’m talking with you and I start the conversation by saying, “whatever you do, DO NOT think about Elephants &# then you can’t help but thinking about elephants while we’re speaking. Your A round investors are not stepping up. - And in the end I hired him.