article thumbnail

Advice to Rising VCs and Founders Navigating The Correction

Revolution

On the other hand, if the company does need to finance again, it is likely looking at a “down round” in the near future — a financing at a lower price per share than the previous financing. As we have discussed with management teams and boards over the years, it is easy to find a company that failed because it ran out of cash.

advice 147
article thumbnail

Who Should be on Your Startup Board?

Both Sides of the Table

One of the things that founders have the most angst about is whom they should have on their board and at what stage of the business. This is smart because amazing board members can be transformative with important advice and access and can also help attract other great board members (and team members).

board 236
Insiders

Sign Up for our Newsletter

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

article thumbnail

Seraf Toolbox: Dealing with Restricted Stock - Model IRS 83(b) Election Form

The Seraf Compass

Many years ago I joined the board of a company after my angel group became the lead investor in the company’s seed financing round. As part of my compensation for being a board member, the company issued me restricted stock.

board 322
article thumbnail

Any advice can be worthless, or worse.

Berkonomics

Ever get bad advice? Ever take that advice without question because the person giving it was an investor, a superior in rank, the chairperson of your board? I’ll bet you have at least one story of bad advice taken and being bitten as a result. We all have in our past. But I digress.

advice 97
article thumbnail

TechCrunch+ roundup: SBA startup loans, quarterly board decks, bootstrappers’ delight

TechCrunch

shared her advice for entrepreneurs who are focused on climate and sustainability: “If your business activities have produced desired results and repeatable cycles — like developing a new product and distributing it through local markets — then you are ready to multiply.” Build a solid deck for your quarterly board meetings.

board 83
article thumbnail

Extra Crunch roundup: Build a founding team, choose a VC and recruit your board

TechCrunch

His initial advice? ” In a related article, Gregg Adkin, VP and managing director at Dell Technologies Capital, shared the framework he’s developed for helping founders set up their board. .” The composition of the board can also impact your fundraising. Do bronze medals ever make sense for unicorns?

board 144
article thumbnail

8 Tips To Get the Most Out of Your Investors and Board

Both Sides of the Table

He wrote a post this long weekend on how he manages the board of DataSift. In his post he asserts, “You get the VCs you deserve” and the corollary “You get the performance out of your board that you deserve.” By spending more time educating your board on your business you get more valuable advice from them.

board 365