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Why Startups Need a Well Articulated Strategy (And How to Think About Yours)

Both Sides of the Table

I recommend you read Fred Wilson’s recent blog post about the need for a well articulated business strategy before pushing a particular business model. He then brought her to board meetings so nobody could accuse him of not having a business model. The Need for Strategy. My take on his argument is this: 1.

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The Changing Venture Landscape

Both Sides of the Table

By definition?—?I’m Pre-seed is just a narrower segment where you might raise $1–3 million on a SAFE note and not give out any board seats. There are of course many Seed VCs who take board seats, don’t over-commit to too many deals and try to help with “company building” activities to help at a company’s vulnerable foundations.

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Here’s Why a Booming Tech Market May Fool You into Thinking You’re Successful

Both Sides of the Table

Poorly implemented this category was the definition of shelfware. Make sure your board challenges you enough about long-term vision & innovation. Not continuing to challenge yourself on product strategy will lead you down long-term ratholes. Your board likely won’t unless you have visionaries who are also egg breakers.

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Why You Don’t Want to Miss the MyEO DealExchange DX22 Conference

Entrepreneurs' Organization

MyEO DX attracts EO members who are looking to transform or reinvent their business strategies or overall engagement with entrepreneurship. Some MyEO DX members are angel investors and serial entrepreneurs with deep knowledge about the process and strategy behind buying and selling companies. Who is the ideal attendee for DX22?

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You Don't Need a Co-Founder

This is going to be BIG.

Well, of course there are, but that doesn't mean the people doing them also need a board seat and 40% of the common equity to do it. We don't really even have a consistent definition of what a co-founder is--so it seems preposterous that there could be such universal agreement that everyone needs one.

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What Happens When Startups Turn from Their Innovation Stage to Operational Excellence?

Both Sides of the Table

This financial leader could well have come through the finance org at another startup or at a larger company but they often also can come from strategy consulting (Bain, BCG or McKinsey) or through investment banking (Goldman Sachs, Morgan Stanley, etc.).

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Why being a VC sucks. Advice to anyone who wants to get into venture capital.

This is going to be BIG.

That''s kind of like what it''s like being on board with these companies after you make an early stage investment. Even the best and most active board members can still feel pretty helpless. All in all, not exactly a predictable lead sourcing strategy. 4) Most of the job isn''t in the picking, it''s in the struggling.