Startup Professionals Musings

MAY 30, 2022

Very few startups are cash-rich enough to self-finance aggressive second-stage growth. They need a large infusion from venture capitalists, private equity, bank loans, or mezzanine financing. Hire more help than helpers. Separate management from leadership, and provide both. There is no free lunch.

Mezzanine 368

Mezzanine Private Equity Bandwidth Metrics 368

Startup Professionals Musings

SEPTEMBER 1, 2019

Very few startups are cash-rich enough to self-finance aggressive second-stage growth. They need a large infusion from venture capitalists, private equity, bank loans, or mezzanine financing. Hire more help than helpers. Separate management from leadership, and provide both. There is no free lunch.

Mezzanine 244

Mezzanine Private Equity Startup Bandwidth 244

Startup Professionals Musings

SEPTEMBER 13, 2017

Very few startups are cash-rich enough to self-finance aggressive second-stage growth. They need a large infusion from venture capitalists, private equity, bank loans, or mezzanine financing. Hire more help than helpers. Separate management from leadership, and provide both. There is no free lunch.

Mezzanine 141

Mezzanine Private Equity Startup Bandwidth 141

Startup Professionals Musings

NOVEMBER 3, 2013

Very few startups are cash-rich enough to self-finance aggressive second-stage growth. They need a large infusion from venture capitalists, private equity, bank loans, or mezzanine financing. Hire more help than helpers. Separate management from leadership, and provide both. There is no free lunch.

Mezzanine 240

Mezzanine Private Equity Bandwidth Metrics 240

Startup Professionals Musings

FEBRUARY 4, 2015

Very few startups are cash-rich enough to self-finance aggressive second-stage growth. They need a large infusion from venture capitalists, private equity, bank loans, or mezzanine financing. Hire more help than helpers. Separate management from leadership, and provide both. There is no free lunch.

Mezzanine 120

Mezzanine Private Equity Startup Bandwidth 120

Both Sides of the Table

JUNE 29, 2011

I believe some VCs have entered the early-stage market as simply an option on future financing rounds. As some of the last generation of startups have gotten bigger many VCs have also chased later-stage investments that were traditionally dominated by growth equity or mezzanine funds. But obviously I’m biased.

Venture Capital 296

Venture Capital Software LP Early Stage 296