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The Problem with Startup Advice

This is going to be BIG.

I'm often the last one to leave an event, held back by the most persistant of entrepreneurs trying to squeeze as much advice as they can out of me. Often times, the advice is terrible or impractical. They don't look cautiously at the advice given to them by their favorite VC blogger. Why should that stop me, though?

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The Most Important Advice I Could Give You About Unicorns

Both Sides of the Table

So here’s advice I give people all the time when they’re raising money. Many entrepreneurs pitching err on the side of too much information. Or they’ll remind me of my common advice to take “ 50 coffee meetings.” Show me your unicorn. Honestly, just searching the term yield many results.

advice 360
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My Number One Advice for Startups or VCs: Conviction > Consensus

Both Sides of the Table

It spoke to me because it so resonates with my nearly daily advice to entrepreneurs and VCs alike. I went as far as to call it the best Tweet of 2015 so far because it encapsulated my advice so succinctly. All advice you receive is too generic to help you – you need to decide for yourself in your exact situation.

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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. Can you please send us your certificate of incorporation, your Cap Table, your 3-year P&L and last year’s historical trading information?

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How to Ask for Advice and Get People to Commit the Time to Answer

This is going to be BIG.

People often ask me for advice on fundraising, generating deal flow, hiring, increasing visibility , triathlons, babies, etc.--a As is the case with any major company, career, or life function, the breadth of information one could pass along in each of these areas could fill a book. Apparently, this doesn’t just happen in cartoons.

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Create community: Advice on branding from YLAI Fellow Luisfer Pelayo

Young Leaders of the Americas Initiative

Creating a brand community is about providing information and valuable content, and this can mean having your community involved in some processes of your brand. Some advice to start with would include: Answer these questions: What is your mission? How do I complement what I sell? Is it generating a 360-degree experience for my client?

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How Many Angels is the Right Amount for a Startup to Have?

Both Sides of the Table

They now have a strong VC lead from Foundry Group and from experience when you get advice from Foundry it comes with authority, experience, empathy and the right amount of straight talk. I know because I have been the beneficiary of their advice for years and have appreciated it. Information Leaks are a Real Problem.

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