2001 advice entrepreneurs investment 
Entrepreneurs' Organization
JULY 6, 2020
Like the downturns in 2008 and 2001, this has been a very trying time for entrepreneurs running startups. Many entrepreneurs are reliant on outside funding, whether angel investors, venture capitalists or strategic investors , to keep the venture going. Remember that you are not alone. Join a CEO peer group.
Both Sides of the Table
SEPTEMBER 18, 2014
At an accelerator … Me: Raising convertible notes as a seed round is one of the biggest disservices our industry has done to entrepreneurs since 2001-2003 when there were “full ratchets” and “multiple liquidation preferences” – the most hostile terms anybody found in term sheets 10 years ago.
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This is going to be BIG.
APRIL 3, 2012
I think Fred was trying to offer some friendly advice to young investors that you're going to "take lumps" and that it's worth learning from those who are more experienced. What I would offer to entrepreneurs is that you should know what you're getting from each investor you let into the round. Doesn't take much.
Both Sides of the Table
FEBRUARY 8, 2010
So my first advice is not to rush in the fund raising process. First, I would say that most entrepreneurs do almost no reference checks or at least do them very informally. For some reason most entrepreneurs do. I always tell entrepreneurs, “in good times of course everybody loves their VC. Don’t stop there.
TechCrunch
MARCH 21, 2023
After all, the money could be invested in something more impactful. VCs would return capital to LPs because they don’t see attractive investment opportunities that are good fits with their mandate, fund size, [and so forth]. Time is the ultimate currency for an entrepreneur. That’s exactly right on the trust point. Not at all.
Both Sides of the Table
AUGUST 24, 2015
I’ve seen friends (and family members) lose much of their savings that way over the years because “Black Swans” happen and in 1987, 2001, 2003 & 2008 (just to name a few from my memory) huge market gyrations caused much financial distress to people seeking short-term gains. So, too, investments.
Both Sides of the Table
JULY 22, 2010
Due to competitive markets we ended up with a pretty good term sheet until we needed to raise money in April 2001 and then we got completely screwed. And for some strange reason entrepreneurs didn’t share this information. I’ve started from day one trying to build total transparency into my process with entrepreneurs.
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