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Trust But Verify: The Importance of Reference Checking

The Seraf Compass

At Launchpad, we like to follow this advice when it becomes clear that we like what we are hearing, and we believe there is solid investment opportunity with the company. When talking about the Cold War adversaries, Reagan always liked to say we should “Trust, but Verify.”

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Why you should never have a data room — the most counter-intuitive fund-raising advice you’ll ever…

Both Sides of the Table

the most counter-intuitive fund-raising advice you’ll ever get I’m about to offer you some fund-raising advice that flies directly in the face of what most conventional wisdom will tell you. Reference Calls I do the exact same for reference calls. But just putting a customer reference list in a data room?

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How Do You Reference Check a VC?

Both Sides of the Table

So my first advice is not to rush in the fund raising process. How do you then reference check your VC to be sure that you’ve chosen a good firm and partner? First, I would say that most entrepreneurs do almost no reference checks or at least do them very informally. Don’t take my advice, take Eric Clapton’s.

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Why it’s Critical That you Reference Check Your VC

Both Sides of the Table

So my first advice is not to rush in the fund raising process. How do you then reference check your VC to be sure that you’ve chosen a good firm and partner? Get a reference list - Most entrepreneurs do almost no reference checks or at least do them very informally. Not so in venture capital.

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Why experience sharing is key to entrepreneurial growth

Entrepreneurs' Organization

A Forum, which is also often referred to as a Mastermind, is a group of peers who meet regularly, with the goal of helping each member improve personally and professionally. Given the request for input and feedback, you might expect a presenter to receive various advice from the other Forum members. In my experience.

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Meet the man empowering young leaders by starting with their computer repairs

Young Leaders of the Americas Initiative

When I would meet potential clients, I knew I was having an impact because they would mention lessons they’d learned from my sessions and reference how they helped them. I continually reference these tools, techniques and logistics of a project starting from the beginning to the end. What advice would you give to future leaders? .

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Angel Funding Advice

Both Sides of the Table

They have advice to share. Ask them for advice. LinkedIn is the obvious starting point not only because it maps out so many relationships but also because you can tell a lot about work history, references, etc. Tags: Pitching VCs Start-up Advice. They exist in every town. They know that the money they invest may be lost.

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