Why are we perfectly comfortable using money as the metric for startup success at the expense of pretty much every other aspect of our lives? When we use money as the only metric, what other compromises are we making to get there, and frankly, is it even worth it?
During our recent ‘Moving up the Ranks’ Zoom panel, an amazing group of speakers across various startup industries, Gary Kleigman, Jamie Coakley, Grace Ouma-Cabezas, and Zofia Ciechowska, delved into a wealth of topics relevant to anyone in a startup environment. They shared how they progressed in their own careers, how to successfully make a career pivot, and went deep […]
I know DeFi is our Netscape moment because it’s scaling, rapidly. Just like Netscape’s browser did. The market is screaming that DeFi has found product-market fit. Total value locked in DeFi is up more than 4X in two months.a
The seven capital assets that are the core required to create a thriving entrepreneurial ecosystem, and produce real economic value for your startup and the rest of us.
The Weekly Notable Startup Funding Report takes us on a trip across various ecosystems in the US, highlighting some of the notable funding activity in the various markets that we track. The notable startup fundings for the week ending 8/22/20 featuring funding details for Dutchie, ICON, Exo, and much much more.
Cash flow is a basic survival metric for every startup. Investors check your burn rate to assess your efficiency and project your remaining runway before you run out of money and into a brick wall. Don’t wait until you are almost out of cash before managing every dollar spent, or looking for the next refueling from investors. Desperate entrepreneurs lose their leverage and die young.
Why do we talk about how big our startups could be before we talk about how likely we are to get there? What’s the point of going after a billion dollars if we can far more likely achieve a million dollars? Who’s really driving these decisions?
Pitch decks come in a lot of flavors. We’ve seen five pages, we’ve seen fifty. We’ve seen them sparsely punctured with bullet points, we’ve seen what might have happened if David Foster Wallace wrote a novel in PowerPoint. Where’s the golden mean? What can you throw away and what sparks joy?
The notable startup fundings for the week ending 8/15/20 featuring funding details for Fanatics, Nurx, Omaze, and much much more.
Just because it was your idea doesn’t mean you “deserve” 90% of the equity. The value in a startup is all about tangible results, so I see no equity value in the idea alone. Thus the real discussion must start with who will be doing the work, providing the funding, and delivering results. Each cofounder should get equity for value, based on these key variables.