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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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How Entrepreneurs Can Prevent Problems In Their Work-From-Home Strategy

Entrepreneurs' Organization

When Pete approached me for advice, I recommended the “Failure-Proofing” strategy, which is a pragmatic and easy-to-use technique to defend against planning and project disasters. The records division would be included in the last batch to be migrated, to give ample time to convert all documents and processes to digital forms.

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Want to Know the Difference Between a CTO and a VP Engineering?

Both Sides of the Table

They don’t love documentation. Examples: - every time you release new features you need to update your technical documentation. - you also need to update your marketing documents including your website. new features need to be rolled into PR strategies and competitor analyses. - Tags: Start-up Advice.

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Startup Founders Should Flip Burgers

Both Sides of the Table

This is part of my ongoing series Startup Advice. I had an MBA, had done a few years of strategy consulting and knew all of the management theory. I hired a senior exec from the building materials industry (we were a document collaboration company for the engineering & construction industry) who was also ex McKinsey.

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73.6% of all Statistics are Made Up

Both Sides of the Table

But for my sins I got an MBA and did “strategy&# consulting. In 1999 I was in Japan doing a strategy project for the board of directors of Sony. 18% of all errors come from people using the wrong documents. hours are spent every day by workers searching for documents. Numbers are important. It becomes folklore.

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The Corrosive Downside of Acquihires

Both Sides of the Table

has now employed the same strategy. And precisely because buyers usually prefer to have limited money go to investors – investors almost always have the ability to say “no” to transactions in the terms of their funding documents (aka “blocking rights”). Startup Advice' And who cares, right?

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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. A good strategy memo becomes the guideline for how the entire diligence process unfolds. An elegant strategy memo is your most important document.

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