Exploring the consequences of prioritizing short-term gains over long-term trust and transparency in the startup world, as illustrated by Substack’s recent fundraising approach.
Don’t Trade Valuation For Structure
You may have a difficult choice to make – a lower valuation or more structure on your cap table. It’s critical that you understand two things.
4 Pitfalls of Raising Venture Capital and How to Avoid Them
There are four common pitfalls entrepreneurs fall into while raising venture capital. Here are a few tips on how to avoid them.
External Events Can Move The Goalposts
Even as you hit your key milestones and carefully manage your runway, events outside your control constantly move the goalposts.
Choose Your Venture Investors Wisely
Choosing your venture investors is one of the most important decisions you’ll make as a founder. Relationships last for years. Don’t settle.
Now You Know That Private Company Valuations Are Arbitrary
The recent WeWork IPO debacle is certainly a great demonstration of how unreliable and arbitrary private company valuations can be. Six weeks ago WeWork expected to go public at a valuation of as much as $60 billion. Now they are on the edge of bankruptcy and hoping for a lifeline at a valuation of $8 […]