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How Many Angels is the Right Amount for a Startup to Have?

Both Sides of the Table

I love how open Danielle has been throughout the development of her startup Mattermark including honest reflections of when she has changed her opinion. They now have a strong VC lead from Foundry Group and from experience when you get advice from Foundry it comes with authority, experience, empathy and the right amount of straight talk.

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My new Startup Board Mantra: 1-1-1

OnlyOnce

Last week, I blogged about Bolster’s Board Benchmark survey results , which really laid bare the lack of diversity on startup boards. My new mantra for Startup Boards is simple: 1-1-1. Expect to hear things like “Aren’t we partners in this business?” Independent seats aren’t necessarily easy to open up.

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Why You Don’t Want to Give Financial Information to All of Your Investors

Both Sides of the Table

We all know that funding markets have changed for startups. I have blogged about some of the downside consequences of the changes and the private information I have says the consequences are much worse than is reported in the press since few people publicly talk about. Protect your financial information wisely.

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Taking Corporate VC: When It Makes Sense

View from Seed

A startup can benefit in various ways from having a strategic investor involved in their company, but there are plenty of drawbacks too, both commonly known and more subtle. On the flip side, simply taking strategic investor capital because it’s there or it’s easier or cheaper than other capital rarely works out well for startups.

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Your Entrepreneur World Changes When You Take Money

Startup Professionals Musings

Your startup is now part of someone’s portfolio, and here are a few of the ways in which you should expect to be monitored by your investors: One or more seats on the Board. Maybe you had an informal Advisory Board before, but now you have a formal Board of Directors. Access rights to operational information.

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How to Evaluate Firms for a Seed VC Syndicate

Genuine VC

There are essentially two distinct basic strategies for startup entrepreneurs to raise a seed round of capital: Subscription approach – An entrepreneur sets a structure (usually a convertible note) and recruits individual angel investors who subscribe to the round, all without a term-driving lead investor.

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New Entrepreneurs Think Investor Money is All Fun

Startup Professionals Musings

Your startup is now part of someone’s portfolio, and here are a few of the ways in which you should expect to be monitored by your investors: One or more seats on the Board. Maybe you had an informal Advisory Board before, but now you have a formal Board of Directors. Access rights to operational information.