Both Sides of the Table

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The Audacious Plan to Make Electricity as Easy as WiFi

Both Sides of the Table

I seldom hire patent attorneys during due diligence but this was too important. We hired OSHA regulatory lawyers. We hired IP specialists to review prior art. She connected me with Andreessen’s due diligence team who were surprisingly open with all the technical analysis they had done.

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Tips to Help you Think About Sales at Your Startup

Both Sides of the Table

When & Whom should you hire? when is the right time to hire your first sales employee? how should a VC do due diligence on sales operations? 14:18 Your first hire should be someone who’s hungry and willing to work. 15:00 Hire somebody who will punch above their weight class. junior vs. senior?

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The Case for Optimism and Risk at Startups

Both Sides of the Table

We hired outside experts. And that’s why uBeam is rightly focused on perfecting their product, innovating, hiring and building for the future not on responding to every criticism from those without details of what we’re actually doing. I have witnessed it working. I did not lose my hearing. I was not fried. It is safe.

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Want to Work in VC? Here’s How

Both Sides of the Table

GRP Partners is looking to hire two analysts (maybe even three) to join our practice in Los Angeles. But every time I do recruiting I get so many applicants that don’t come close to the spec that I feel I have to put up at least some filters to avoid people unlikely to be hired from putting in too much work.

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Deal with Your Elephant in the Room

Both Sides of the Table

I’d like to separate these from “skeletons in your closet&# which are issues that the VC would have no idea about when you’re meeting but might discover later during due diligence. I hired an executive recruiter and had 7 finalist candidates that I interviewed. And in the end I hired him.

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Want to Know How First Round Capital was Started?

Both Sides of the Table

100 get serious due diligence where the entrepreneur meets with several people from the firm. Management should communicate how the board can help - strategy, markets, key hires, introductions. From those, 1000 get a quick no because it’s not the right fit. Then 500 of those get a one hour meeting.

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Why you should never have a data room — the most counter-intuitive fund-raising advice you’ll ever…

Both Sides of the Table

These collective sets of documents form the basis of what somebody looking at investing would call “financial due diligence.” So junior analysis of your company is also often where initial due diligence goes to die unless you can be sure that the investment partner is also willing to engage.

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