How Should You Manage Your Board Of Directors?

By Brett Fox | November 25, 2019

“Never surprise your board,” my friend and mentor, Dave, said to me. We were meeting for coffee at Peets in Palo Alto four weeks before my first board meeting as a startup CEO. I nodded my head because Dave’s advice sounded sage. Then, I asked Dave, “What do you mean?” [Do you want to grow…

How Do You Raise Your Next Round Of Funding?

By Brett Fox | November 20, 2019

Raising your next round of funding is not a given. Each round of funding presents its own set of challenges. In today’s short video, I’ll share with you my tips for raising your next round of funding. Make sure to watch all the way till the end for my last tip; It was the difference…

How Do You Dethrone A Competitor With A Monopoly?

By Brett Fox | November 19, 2019

“Why in the hell are you selling your part for $20,” The VP at Vitesse angrily said to me. “You’re screwing it up for the rest of us. We’re selling our part for $100!” I smiled and said, “$100 is way too high a price. $20 seemed like a fair price for customers.” [Do you…

The Real Reason Your Team Need You To Be Transparent

By Brett Fox | November 18, 2019

“You’re a mushroom manager,” Peter, one of my peers, said to me years ago. “What’s a mushroom manager?” “You feed people shit and you expect something to grow,” Peter said. Then he stormed out of my office. I had to hold in my laughter. But Peter was right. Back in my younger days I was…

Why You Shouldn’t Tell Investors You’re The Next Uber

By Brett Fox | November 13, 2019

I know. It’s oh so tempting to tell potential investors that your company is the next Uber because, after all, who wouldn’t want to be an investor in Uber. It feels good rolling of your tongue, doesn’t it? The only problem is telling an investor your company is the next Uber or the next Facebook…

How Do You Prepare For VC Technical Diligence?

By Brett Fox | November 12, 2019

“Let’s look this guy up,” I said to Jeroen, my cofounder and VP Engineering, about the expert the VC firm was using to do technical diligence on us. I then did a search on LinkedIn and found “Peter’s” resume. “Well, there’s good news and bad news,” I said to Jeroen. “What’s the good news?” Jeroen…

How Do You Start A Business With No Money?

By Brett Fox | November 11, 2019

“How am I going to raise $2M,” “Casey” asked me. “I don’t know anyone who can give me that money.” “You know more people than you think,” I said. “I’ve been down this road a few times, and the other entrepreneurs I worked with who said the same thing you did found a way. And…

What Are The Four Reasons You Shouldn’t Hire Someone?

By Brett Fox | November 6, 2019

You likely have some sort of criteria for the people you hire. So you should have a criteria for not hiring people too. The surprising thing I’ve learned is that a lot of CEOs don’t have a criteria for not hiring people. You don’t want to be one of those people. In this short video,…

What Are The 11 Biggest Myths About Being A CEO?

By Brett Fox | November 5, 2019

Blossom, Avery, and I were at dinner at Nobu in Palo Alto. I look over at the table next to us and who’s there but Marc Andreessen and his wife. No one was paying attention to them, and no one asked Marc for his autograph. It was just another day in the Silicon Valley. [Do…

How Can You Keep Your Great Engineers From Quitting?

By Brett Fox | November 4, 2019

“Brett, I wanted to let you know I am going to retire,” Dave said to me. “What? Why!” I said getting my bearings. “You can’t retire! You’re too young to retire.” “I don’t want to retire,” Dave said. “But I’m being pushed out by ‘Ted’.” [Do you want to grow your business? Maybe I can…