Remove advice Remove financing Remove reference
article thumbnail

Why it’s Critical That you Reference Check Your VC

Both Sides of the Table

So my first advice is not to rush in the fund raising process. How do you then reference check your VC to be sure that you’ve chosen a good firm and partner? Get a reference list - Most entrepreneurs do almost no reference checks or at least do them very informally. Not so in venture capital.

VC 298
article thumbnail

What I Would Look for When Choosing a VC – Knowing What I Know Now?

Both Sides of the Table

I had an enjoyable conversation this morning with a young team straight out of college this morning and they were calling to ask advice on how to approach fund raising (angels vs. VCs, how to select a VC, etc.) If I were looking at which VCs to choose I would reference strongly for which ones are supportive in good times and bad.

VC 364
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Invest in Lines, not Dots

Both Sides of the Table

I have no reference point from which to judge whether you were higher on the y-axis 3 months ago or lower. Like it or not – finance is a major job function in any company – startup or public company. Tags: Startup Advice Tech Market Analysis VC Industry. The first time I meet you, you are a single data point.

investing 411
article thumbnail

Startups and VCs Should Avoid “Pier” Funding

Both Sides of the Table

Often when startups who have raised venture capital need another round of financing they will turn to their existing investors to give them money before raising from outsiders. a loan) that is later converted to equity at the time of the next financing. But I used to jokingly refer to bridge loans as “pier&# loans.

startup 290
article thumbnail

How Many Investors are Too Many?

Both Sides of the Table

You may feel as I did in 1999 that the more smart people around the table the more intros you’ll have, the more sage advice you’ll receive and the more impressive you’ll seem to outsiders. And I always encourage entrepreneurs to do reference checking. I understand the appeal of having many VC firms on your cap table.

VC 314
article thumbnail

People Management: Startup Teams Should Dip but not Skip

Both Sides of the Table

I spent a ton of time with the CEO and VP Finance understanding the businesses, its customers and its operational challenges. Many VCs do reference calls before they invest and then stop customer contact altogether after they’ve made the investment. Tags: Entrepreneur Advice Start-up Advice Startup Advice.

startup 308
article thumbnail

Simon Says: Have “The Talk” with your parents

Entrepreneurs' Organization

We are often referred to as the Sandwich Generation—caught in the middle between aging parents and children. Lincoln Financial Advisors does not provide legal or tax advice. This article is the second in a series of three about having “The Talk” with your business partners , parents and adult children. CRN-3730060-082421.