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What’s The Right Number Of Co-founders?
The most successful startup I’m currently involved with is now worth well over $2 billion. They’re raising another $300 million as we speak, and they’ll likely be worth around $4 billion when the round closes. The company had one founder, “Ray.” [Do you want to grow your business? Maybe I can help. Click here.] The…
Read MoreHow Much Money Should You Raise?
“We should be raising a $6 million round, not $12 million,” “Randy”, my co-founder, said to me. In fact, Randy was so pissed at the terms of our funding that he was threatening to quit. Do you want to grow your business? Maybe I can help. Click here. “Let’s meet, so I can walk you…
Read MoreWhat Are The 7 Misconceptions About Being A CEO?
“Okay,” I said to the group assembled in our large conference room, “We are the launch team for our first product.” The team consisted of Adolfo, my co-founder and VP Marketing, Shoba, our Test Engineering Director, Dave, our Manufacturing Director, and Mary, our Public Relations consultant. [Do you want to grow your business? Maybe I…
Read MoreWhat’s The Behavior You Can’t Have As A Founder?
“I don’t know if I can do this anymore,” “Serge”, the CEO of a struggling startup, said to me. “I think I’m going to give up.” Do you want to grow your business? Maybe I can help. Click here. “What?” I responded. Serge’s capitulation said didn’t register on me. It was foreign to my way…
Read MoreHow Should You Manage Your Stock Option Plan?
“I was expecting an offer of three percent,” Joe said to me. I’d been recruiting Joe since before we got our funding, and, now, two years after we closed our funding, we had offered Joe 0.75% stock options to become a Senior Scientist. [Do you want to grow your business? Maybe I can help. Click…
Read MoreWho You Should Never Add As A Co-Founder?
“I just bought a unit in new The Millennium building, up in the City,” my co-founder, “Ken”, said to me. “You should check it out!” Do you want to grow your business? Maybe I can help. Click here. “Really,” I said. “I thought you were going to buy a house on the peninsula, closer to…
Read MoreWhy You’re The Most Important Person In Your Company
“The engine that makes an Analog IC company go is a great VP Engineering or CTO,” I said to Dave, the VC partner I was working with when I was incubating my startup as an EIR (Entrepreneur in Residence) at a VC fund in San Francisco. Then I continued, “Without a great VP Engineering we…
Read MoreHow You Can Make A Great First Impression In Less Than Seven Seconds
“Here’s a slide I think might be good,” the CEO said to us. Do you want to grow your business? Maybe I can help. Click here. The CEO had just blown it. I mean completely blown it. I was working at a Venture Capital firm at the time, and we were sincerely interested in investing…
Read MoreHow You Can Win A Deal In Seven Seconds Or Less
“You didn’t have me at hello,” the investor said to us. “But I like what you’re doing. Let me think about this and get back to you.” Do you want to grow your business? Maybe I can help. Click here. We had just finished presenting to a well known VC in our space. The VC…
Read MoreHow Do You Know If You’ll Be Successful?
When times were really rough, I would get Avery’s magic eight ball. I would ask it, “Do you think we’re going to make it?” [Do you want to grow your business? Maybe I can help. Click here.] I would shake the eight ball and wait for the answer to appear in the triangle. The answer…
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