Startup Professionals Musings

FEBRUARY 8, 2021

Here are some key reasons why I believe every entrepreneur should create a formal Advisory Board or Board of Directors before they ask for funding, or even build their business plan: We all need a bit of reality to balance our passion. The cost of a co-founder is usually fifty percent of your equity.

Advisory Board 356

Advisory Board Bandwidth Cofounder Technical Review 356

Startup Lessons Learned

OCTOBER 4, 2008

He previously co-founded and served as Chief Technology Officer of IMVU. He serves on the advisory board of a number of technology startups, and has worked as a consultant to a number of startups, companies, and venture capital firms. While an undergraduate at Yale Unviersity, he co-founded Catalyst Recruiting.

San Francisco 155

San Francisco Technical Cofounder Fractional CTO CTO 155

Steve Blank

AUGUST 27, 2012

What I saw reminded me of some of the best and worst things I did as a founder. Some of the engineers figuring if the founder was declaring they were toast in 90 days were updating their resumes. The company already was gaining a reputation as one without a coherent strategy. A Pivot a Week. We’re building the wrong product!”

Founder 316

Founder Cofounder Advisory Board Burn Rate 316

Steve Blank

OCTOBER 5, 2009

And so was his reputation for being verbally abusive to his direct reports. The VP of Sales and I flew to Providence to convince Andy van Dam at Brown to join our company, or at a minimum lead our advisory board. Unlike Intel chips, MIPS chip architecture also made it possible to plug in a math co-processor.

North Carolina 125

North Carolina Silicon Valley Fractional VPE Part-Time VPE 125

Austin Startup

MARCH 31, 2019

I reminded them that it is all about which partner you get at the reputable firms he was targeting. they are ultimately service firms and the partner that sponsors you and joins your Board really matters. But I learned later that I wasn’t as thorough as Scott Cook, the co-founder and initial CEO (now Chairman) of Intuit.

Advisory Board 48

Advisory Board Cofounder Hiring Partner 48

David Teten

JANUARY 23, 2021

The next best move is to build your core team, e.g., recruit an Advisory Board, Venture Partners, and EIRs. Yohei Nakajima, Founder of Untapped.vc , said, “Before pitching LPs and building my firm, I talked with over 50 people I knew to get feedback.” . Lastly, gather feedback. See Should You Raise A Fund?

Private Equity 78

Private Equity Venture Capital Technical Review Software Review 78

Duct Tape Marketing

SEPTEMBER 9, 2022

Prior to co-founding Foundry, he co-founded Mobius Venture Capital and is also a co-founder of Techstars. He’s also an author of a number of books including — Startup Boards: A Field Guide to Building and Leading an Effective Board of Directors. This is John Jantsch and my guest today is Brad Feld.

Startup 86

Startup Cofounder Early Stage Founder 86