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How To Keep Your Company Alive – Observe, Orient, Decide and Act

Steve Blank

Some VC’s are walking away from signed term sheets. CEOs in this position are going to face a major career decision – go along with advice you think will damage/destroy the company – or put your job on the line. If you were expecting angel or venture funding get on the phone to your investor(s).

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Philosopher Versus MBA

Reid Hoffman

During that conversation, we talked about some of my favorite philosophers and how I’ve applied their ideas to my own career. I also discuss why I believe a philosophy degree (often in combination with another specialization) can be more impactful than the traditional business degree on an entrepreneur’s career.

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Philosopher Versus MBA

Reid Hoffman

During that conversation, we talked about some of my favorite philosophers and how I’ve applied their ideas to my own career. I also discuss why I believe a philosophy degree (often in combination with another specialization) can be more impactful than the traditional business degree on an entrepreneur’s career.

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Knowledge Is Power: Convertible Note Financing Terms, Part I

Gust

The most successful serial entrepreneurs in the world may found three or four, perhaps even eight or ten venture-backed startups over the course of their careers. By contrast, venture capitalists and angel investors typically make scores or even hundreds of investments over the course of their careers. There are two principal reasons.

Finance 178
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Tale of Two Valleys: LA and the Bay Area from an Investor’s Perspective

Mucker Lab

Encyclopedic knowledge of term sheets and startup buzzwords can be quickly learned, trained, and packaged. Having spent the bulk of our careers as entrepreneurs, we relish the opportunity to roll up our sleeves and help. This lack of “sophistication” does not always correlate with the lack of success.

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Doing Due Diligence on Potential Investors

View from Seed

Once a VC has given you a term sheet or told you that they want to invest, it’s fair game to ask VC’s to introduce you to founders they have worked that you can reference. Did you ever face serious financing risk? How did this differ in a weak vs. strong financing round? Where is this investor not as strong as others?

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Raising Money Using Customer Development

Steve Blank

Unfortunately in early stage startups the drive for financing hijacks the corporate DNA and becomes the raison d’etre of the company. By definition, an entrepreneur in their 20′s only gets 5 or 6 “5 year decisions&# in their career. Get back up and running.