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Your Product Needs to be 10x Better than the Competition to Win. Here’s Why:

Both Sides of the Table

He was a life-long entrepreneur and the first business he created out of college (actually, he founded it while he was at Caltech) was a company that manufactured high quality audio speakers. IdeaLab has a philosophy that if they can get a centralized group of expert staff to help with legal, accounting, recruiting, PR, etc.

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Getting Your Series A Mojo Back

Both Sides of the Table

You Need to Find Your Mojo A Chip On Your Shoulder A few years ago I wrote a blog post on entrepreneurs with a chip on their shoulders. A chip on one’s shoulder as in, “F**k the system, it’s broken and I want to fix it” is exactly the energy I look for in entrepreneurs. We’ve all been there — every entrepreneur. But that’s hard.

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Twitter Link Roundup #233 – Small Business, Startups, Innovation, Social Media, Design, Marketing and More

crowdSPRING Blog

The Pernicious Effect of Dilution in SaaS: The Cold, Hard, Bloody numbers | saastr – crowdspring.co/W6Bwqs. How to Market Test a New Idea | Harvard Business Review – crowdspring.co/1vSai6S. Four Unexpected Tips for Keeping Great Employees | by Cameron Herold – crowdspring.co/1vNZc2F.

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Cash-strapped? How to pay for services with your startup’s equity

The Next Web

After all, cash may be in short supply, but there’s a virtually endless amount of work to be done, from coding and web development, to PR, sales, general operations, or sage advice from an industry veteran. Not to mention the fact that every time you compensate with equity, you dilute your own ownership of the business.

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Building a High-Tech Startup Team

Business Plan Blog

Furthermore, when faced with adversity only great teams can respond to competitors, markets, funding environments, staff departures, PR disasters and the like. Having too many co-founders will only lead to your eventual dilution. Be sure to leave plenty of equity for investors. Hiring the right people at the right time is key.

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Time is the Enemy of All Deals

Both Sides of the Table

A reminder that it is important for all entrepreneurs is to remember to be careful about “deal drift.” But we weren’t optimizing for dilution – we were building a $1 billion+ company and we wanted the runway to succeed. Conversely I offered the same deal to another entrepreneur who decided to shop around longer.

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8 Questions to Help Decide if You Should be Raising Money Now

Both Sides of the Table

This conversation seems to come up very frequently these days both with portfolio companies and with entrepreneurs just looking for mentorship. If you are able to raise money from credible sources at a reasonable dilution percentage then I personally favor getting the round done now and building your business. 25% dilution).