Remove Entrepreneur Remove Information Rights Remove Management Remove Venture Capital
article thumbnail

Your Entrepreneur World Changes When You Take Money

Startup Professionals Musings

The naïve entrepreneur thinks he can relax, after he finally cashes the check from a professional investor, but in reality that’s when the work and the pressure starts. Angel and venture capital investors rarely just give you the cash, and stand back to wait for you to spend it the way you want. Manage to documented milestones.

article thumbnail

New Entrepreneurs Think Investor Money is All Fun

Startup Professionals Musings

The naïve entrepreneur thinks he can relax, after he finally cashes the check from a professional investor, but in reality that’s when the work and the pressure starts. Angel and venture capital investors rarely just give you the cash, and stand back to wait for you to spend it the way you want. Manage to documented milestones.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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

Both Sides of the Table

There’s another issue I can add to your list of things to be aware of – information rights. Generally speaking in venture capital financings the legal documents will specify that only “major investors” (a threshold set in the agreement – which can be $500,000 investor or more). You betcha.

SEC 352
article thumbnail

Why I Don’t Like Board Observers

Both Sides of the Table

And what I mostly want to do is make entrepreneurs aware that they have nearly as much power as a real board member so you may have more people making decisions at board meeting than you thought you would. This is the real board position that entrepreneurs should concern themselves with. What exactly is a board observer?