A founder recently asked about how much money to raise and when. Specifically, he asks about choosing between splitting a $1.4m, two-year round into $800k for year 1 and then $600k for year 2. The key issue in splitting rounds is raising enough money (including your cushion) to get you to the next major valuation-bumping…
We wrote a while ago about the nine principles of war. While our book is in progress, and reaching the next phase of development, we wanted to share a slightly different piece we did on the principle of Objective. This link leads you to an anthology-style ebook put together by us and other members of…
Springwise recently posted about a group buying site, this time from India, that actually has a new twist: real estate. This model is a good idea for tenant-in-common real estate deals, where you could sell a small commercial office building to 10 or 20 buyers who couldn’t afford the whole building or would appreciate the…
Here’s a brief quote from an interview with an entrepreneur turned angel investor about types of startup risk: Angels will largely take a product risk (they bet on the product or idea and your ability to build it). “A” round investors or late-stage seed investors will take a market risk (they want to see the…