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Are Business Plans Still Necessary?

Both Sides of the Table

Many of these businesses were what First Round Capital called FNACs (features, not companies – this acronym has always stuck with me). Great product managers who are not great business people still often fail. But they should also be the map and the Lingua Franca of your management discussions. portfolios.

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Group Finance Director

Transformify

In this role you will work closely with the senior management and executive board, supporting in the businesses planning and strategy. You must also have excellent presentational and communication skills. The ability to build relationships with other members of the executive team is also key.

Finance 40
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Why Was Winter in Venture Capital Funding so Short?

Both Sides of the Table

billion in venture capital funds with one A-round fund and one late-stage fund. In case you’re keeping score at home — that’s approximately the size of 65 US seed-stage funds managed by one company. Baidu alone raised $3.2 Those two investments represent the equivalent of another 32 US seed-stage funds just in two deals.

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11 Things I've learned from running a micro VC in the last year

Hippoland

I enjoy learning about new technologies and ideas – and you get to see a lot of them in this business especially in early stage investing. In many cases, fund managers invest 1-5% of the fund size. They want you as a fund manager to be incentivized to make good investments, because you are staking your own cash too.

Salary 48
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11 Things I've learned from running a micro VC in the last year

Hippoland

I enjoy learning about new technologies and ideas – and you get to see a lot of them in this business especially in early stage investing. In many cases, fund managers invest 1-5% of the fund size. They want you as a fund manager to be incentivized to make good investments, because you are staking your own cash too.

Salary 48
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What Makes a Great Independent Board Member?

Both Sides of the Table

While it’s true that they are investing LP money from a fund, it’s also true that the VCs are required to write large checks into their funds so every time they do a “capital call” (request money from an LP to fund you) they are also having to wire their own money into the deal. VCs most certainly do have skin in the game.

Warrant 187