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This is an updated post from my ongoing series on Startup Advice that I learned from founding two companies. . In the 2003/04 timefame I was living in the UK and running my first company. We assumed they would take our advice and upgrade. Tags: Start-up Advice Startup Advice. I HATE LOSING. I hate it.
This is an updated post from my ongoing series on Startup Advice that I learned from founding two companies. . In the 2003/04 timefame I was living in the UK and running my first company. We assumed they would take our advice and upgrade. Tags: Startup Advice. I HATE LOSING. I hate it. It chaps my hide.
It’s the one bit of advice I find myself giving most frequently these days, “raise money at the top end of normal.&#. 2007, 2011) and for the hottest of companies and in bad markets for fund raising (2003, 2008) prices test the bottom end of the range. I thought I’d post on one of the topics before hand.
So I decided to run the London Marathon in April 2003, just 3 weeks before my son was born. April 29th, 2003 my first son was born. I stopped doing conferences, traveling or pitching to VCs. Tags: Start-up Advice Startup Advice. I planned a half marathon, which I crushed in a personal best 1:42. You can do it.
Many businesses that pitch to me have White Elephant issues and I’d like to tell you how to deal with these when you’re raising venture capital. It was 2003 and I was training for a marathon so I was in great shape (yes, I know this was YEARS ago but I did complete it in 3:57). I sometimes call these White Elephants.
They weren’t with you when you did the VC pitch where you looked them in the eyes 9 months ago and said, “I see only one outcome, we want to build something really big. It’s 2003 and VCs aren’t exactly lining up to fund startup businesses. Startup Advice' They see the dollar signs and the victory.
In the 2003/04 timefame I was living in the UK and running my first company. We assumed they would take our advice and upgrade. You can try to convince them of your “pay no more once you’ve signed up&# model but they fall for the other guy’s pitch every time. Tags: Start-up Advice.
There is all sorts of advice on the Internet about how to raise capital. I raised money as an entrepreneur, like you, in 1999, 2000, 2001, 2003 and 2005 for two different companies. I’ve tried to make this advice as well-rounded and biased free as I can. Spend time researching your buyers and not just pitching them.
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