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Why you should never have a data room — the most counter-intuitive fund-raising advice you’ll ever…

Both Sides of the Table

the most counter-intuitive fund-raising advice you’ll ever get I’m about to offer you some fund-raising advice that flies directly in the face of what most conventional wisdom will tell you. These collective sets of documents form the basis of what somebody looking at investing would call “financial due diligence.” It doesn’t.

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Time is the Enemy of All Deals

Both Sides of the Table

You know that every turn of the legal documents can add weeks. They’re not bothered when the lawyers didn’t get the documents out when they promised. If they promised they’d ship documents and they weren’t released I’d be straight on the phone with them. Push hard to document turns. Decide what’s important to you.

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Why Emmy Award-winning documentarians focused their lens on 5 GSEA student entrepreneurs

Entrepreneurs' Organization

Instead, we saw competitors supporting each other by giving advice and feedback. We’re grateful to GSEA for providing this wonderful platform and letting us document it.”. As business owners, we constantly have new ideas for films we’d like to make–so we’re out there pitching, much like the GSEA competitors.

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Startup Founders Should Flip Burgers

Both Sides of the Table

This is part of my ongoing series Startup Advice. M y company had raised a seed round of capital in late 1999 even before either of us were full time in the company (ominous side note: on the way to pitch our seed investor, Delta Partners, a man walking right in front of me died of a massive heart attack making me late to the meeting.

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What I did on my summer vacation: The First LP Close ($3.5mm) of Brooklyn Bridge Ventures

This is going to be BIG.

Back when I was pitching my previous startup to investors, it had never really dawned on me that they had experienced what I was going through--and that a VC firm was essentially a startup. VCs pitch for money, too. No one ever thinks about VCs having to pitch, who they pitch to, or how it works.

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First Round Funding Terms and Founder Vesting

Both Sides of the Table

This is part of my ongoing series “ Pitching a VC “ There’s a great meme developing this morning on the need to simplify funding terms and documents. Tags: Pitching VCs Start-up Advice. That prompted Fred Wilson’s blog post appealing to the industry to make these simplified term sheets standard.

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Getting serious about Series B: 3 documents that will help founders control the narrative

TechCrunch

This is one of the lessons I wish I understood when raising a Series B, so I hope you find this advice helpful when you navigate your larger raises. You want to proactively manage the order in which people access information and focus their attention on a few key documents that they can return to when they fall down a rabbit hole.

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