Everybody knows that most startups fail, but are still shocked when it happens to them. They’re often bitter first and then depressed before eventually having the strength to try again.
The reasons for the failure can be selected from a long list, but usually it boils down to these top three simple lessons.
Limited Ability to Sell
Ask any venture capitalist or active angel who has invested in at least 50 companies this question: “How many companies of those invested actually hit their proje...
TOP 5 VC Personality Profiles
try to peg venture capitalists with a singular definition based on one
experience, something they heard or just general perception. And entrepreneurs
that pursue venture capital often don’t care which firm offers capital, as long
as it gets offered. More selective entrepreneurs are more selective and seek
those firms with great references from existing investees. The most selective
entrepreneur will target specific general partners within the righ...
heart skipped a beat when an 8-9-10 flop hit the poker table. His cards lay
face down in front of him, but he was sure he held a 7 and a Jack which gave
him a straight. Everyone folded to his modest raise except for Phil, who paused
for a minute before calling the raise. Jason celebrated in his head as he began
to smell a big win coming his way. Careful not to scare Phil off the hand,
Jason made the next raise only moderately larger. Phil twisted in his seat and
arched his back to c...
In a hundred coffee shops right now, there are highly intelligent engineers talking about the next thing in mobile, or if there is still time to get in on big data. They love this stuff, but a lot of them are trying to find a wave of venture capital interest instead of seeking to create real value or even pursue a passion.
Creating a start-up by trying to catch a wave of en vogue financing is almost always a sure way to fail. There is a new wave coming, but it is driven by need and not by wha...
CALGARY, AB, May. 4, 2013/ Troy Media/ – For a start-up that takes its fundraising seriously, it has to allow its CEO to tackle the project full-time for up to a year. The founders have studied the due diligence requirements ahead of the process and they approach the investment community in an orderly and structured fashion. The founders and CEO work hard to listen to the needs of the investors and respond with the same enthusiasm as they provide to the customers of their product or service...