When should I raise money for my startup?

A few days ago, I met two entrepreneurs with bright minds and a great idea. They started working on their venture two months ago and told me they had visited a VC investor out of curiosity who told them, “Listen guys, the cyberspace is hot; if you want to get an investment, it will be super easy, and you should do that immediately.” Of course they were extremely pleased and left the meeting with a clear agenda: let’s raise some […]

How To Give Away Equity And Stay Alive

For some reason, over the past three weeks I bumped into three different entrepreneurs who put their equity into a fortress, 100K feet underground, with 16 guards attached to an atomic bomb. If you read the previous sentence and thought that’s a reasonable precaution to save the company’s identity and keep control, I’m glad you’re reading this post. Just a quick reality check: you can keep all the company’s equity to yourself, but you’ll have zero progress and revenues. Learn […]

5 Guidelines For Better Startup Pitching

Almost every day I participate in a review of startups looking for investment. This experience has given me additional perspectives on what works and catches an investor’s heart and what is just badly put and creates antagonism. It’s tough to criticize someone else’s vision and dream, but as I learned for myself, it’s highly important to do so and gives the entrepreneur a real chance to put their vision to the test and get feedback. I remember the first time […]

Pick Your Hat

Last week we had Open Startup day, where more than 50 startups opened their doors and let everyone who was interested in the startup scene come and visit, hear presentations and get a feeling of startups. During the Q&A I said that investors value teams by trying to understand the value of each individual on the team to determine whether that’s the right team for the right company. One of the visitors asked me, “Is it necessary to have a […]