“How long do you think it’s going to take to get funding?” My wife asked me. It was January, and we had just started raising money. “My guess is we’ll be funded by June.” It turned out I was right. We were funded by June…two years later! We started off our fundraising with a lot…
“Hostile armies may face each other for year, striving for the victory that is decided in a single day. This being so, to remain in ignorance of the enemy’s condition, simply because one grudges the outlay of a hundred ounces of silver in honors and emoluments, is the height of inhumanity.” Chapter XIII: The Use Of…
If you want to quickly lose your investors trust, then start missing the milestones on your engineering schedules. I found this one out the hard way. But, as quickly as we lost our investors trust, we gained it back. I’ll walk you through how we used the critical chain methodology to gain back our investors…
“You’re a tough guy because you’ve executed your plan,” “Raul,” one of our investors said to me. I nodded and said, “Thank you,” in response. What Raul said meant a lot to me because he threw praise around like manhole covers. In other words, it was a rare event when Raul ever said anything positive.…
Oh, the things I wish I could tell you, but I can’t. You see the CEO union forbids me to say certain things to you. Not to mention our Board of Directors and the SEC. I wish I could tell you I am worried about the company’s future. I wish I could tell you how…
I recently wrote an article titled, “Should You Be Friends With Your Co-Founders?” In the article, I focused on the differences between you, the CEO, and your co-founders, the loneliness of being CEO, and how you can’t freely share everything with your co-founders. My beliefs on co-founder relationships is based my experience as a CEO, and it…
“With this next round of funding, we’re going to valued at $1.5 billion,” “Ray,” a CEO I’m working with, said to me the other day. “That’s awesome!” I said. “Congratulations. I remember how hard it was at the beginning. You’ve come a long way.” “I know,” Ray said. You have to start with a game…
Creating a clean, easy to use capitalization table is a must have when you’re working with potential investors. But, if you’ve never created a cap table before, what exactly does a clean cap table look like? I’ll walk you through the steps in this video. I hope you like it. Do You Want To…
“This is the first time we’ve ever disagreed,” I said to Gill, one of the investors in my company. I had just told him that I wanted to get a loan for my company, and Gill, much to my surprise, was against the idea. “I know, Brett. I know,” Gill said. “My feeling is that…
“How much money are you going to try and raise?” I asked “Sarah.” Do you want to grow your business? Maybe I can help. Click here. “I’m thinking we should raise $1.5 million this round,” Sarah said to me. “How long will the money last?” I asked. “I’m not sure,” Sarah said. “I’m waiting on…