Entrepreneurship Tips — Financing
VC P.S: Ten Myths and Realities of VC
Posted by Robert Norton on
Ten Mythsand Realities of VC By Lawrence Aragon Redherring.com Bill Reichert's brother is a doctor. His father also was a doc. So were his grandfather and his great-great-grandfather. So how could it be that Mr. Reichert is sitting and talking about venture capital over a plate of bacon and eggs at the Peninsula Creamery coffee shop in downtown Palo Alto? As I join him in the high-cholesterol meal, I can almost see the family of physicians staring down, wagging their fingers. "I'm the first Reichert male not to be doctor," he says, munching on a piece of bacon. "We figure...
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What Kind of Team Do You Need to Raise Outside Funding?
Posted by Robert Norton on
Most investors agree that the number one factor they look at in any investment opportunity is the management team. Some even claim it is number one, number two, and number three because a good team will likely fix any problem. However, quantifying this and getting people to understand and rate their team objectively is needed to improve, and even understand, where your team is today. Over ninety percent of teams are insufficient to achieve outside financing, though that is par for the course in a startup, and recognizing this with a plan for hiring can help jump that obstacle....
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Top Ten Tips for Raising Angel Financing Today
Posted by Robert Norton on
Top Ten Tips for Raising Angel Financing Today By Bob Norton, Serial Entrepreneur and CEO Coach Angel Investors (“Angels”) have become a much more important source of capital than ever before. Statistics show they have invested more than VCs in some past years and almost always invest more in early-stage deals. With VCs treating early-stage deals like they have the plague, young companies had better understand and use angel financing effectively. Note that VCs will tell you they do seed and early rounds but 90% really do not. They define “early” as have traction mostly, not funding product, unless there is...
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