Remove advice Remove board Remove pitching
article thumbnail

Here is How to Make Sense of Conflicting Startup Advice

Both Sides of the Table

Everybody has a blog these days and there is much advice to be had. Many startups now go through accelerators and have mentors passing through each day with advice – usually it’s conflicting. So far from not taking advice from other people – I want more advice, more data points, more opinions.

advice 407
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
Insiders

Sign Up for our Newsletter

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

article thumbnail

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?

advice 412
article thumbnail

13 Entrepreneurs Reveal Their Best Business Advice

Entrepreneurs' Organization

If you’re pitching, selling or proposing a partnership, you want to find out what will spark the other person’s interest so that they can’t help but want to work with you. It’s because you just haven’t pitched your products or services to solve their problems. I have held back because I place more value on the relationship.

advice 325
article thumbnail

The Pre-Board Board: How to Create Accountability Before You Give Away a Board Seat

This is going to be BIG.

Typically, investors don’t take a board seat until you raise your first equity round—which means that it could be *years* before you have a real board meeting: A year of nights/weekends work researching, prototyping, and fundraising. Many people extend this round and don’t get there for two years. I’ll make it simple.

board 316
article thumbnail

The Care and Feeding of Advisory Boards

Gust

And I don’t mean because they lend a credible name to an investor pitch: way too many entrepreneurs look at names on Advisory Board as just a way to expedite a raise. If that’s all you really expect of the Board, you’re cheating yourself as well as the investors before whom you dangled the names. Not really.

board 119
article thumbnail

Choose Your VC Investor Carefully

Both Sides of the Table

This is part of my ongoing series Startup Advice. I pitched Gus twice and he told me no both times. When we were thinking of raising, he was the first I called, and after talking to Benchmark, Accel, August, and a few other tier 1 firms, it came down for me the person who was going to join the board. There are many great VCs.

VC 297