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Best Practices For Defense Tech Startup Financing

Navigating the expanding defense technology subsector of the emerging company ecosystem requires careful planning and execution. Beyond putting together a trusted team and developing a uniquely marketable product, defense...more

Corporate Basics - Part II

This post is the second in a series looking at what founders should think about when getting ready to launch a company, read part one here. Founders often wonder who actually controls the corporation they create – is it...more

Come to Terms: Why Every Founder Should Embrace the Term Sheet

Once upon a time, some founders needed money. They pitched a group of investors, and the investors agreed to give them many gold coins at a set valuation. The founders were happy, and the investors were happy. The company...more

Four Things Every Smart Startup Should Do as It Scales

Your startup began as “four smart people with laptops and a vision.” Fast-forward a few years and it’s a bona fide business with investors, employees, and a snappy logo. Stay on this path, and signs are good that you’ll...more

You’ve closed your financing round. Congratulations. Now what?

The check is in the mail. Or more likely, a wire transfer dropped a chunk of capital into your bank account. You’ve finally closed a financing round, and you’re flush with cash — or at least you’re no longer scrambling to...more

Your Startup Should Not Be an LLC

I’m a big believer in keeping things simple. Don’t make more work for yourself, especially if you’re a launching a startup. Growing a business, staffing it, and keeping ahead of the competition is more than enough for anyone...more

Why You’re Wiser With an Adviser

Long before Silicon Valley and tech accelerators, the Beatles knew a thing or two about finding the right startup adviser. Their 1965 hit said it all: “Help! I need somebody. Help! Not just anybody. Help! You know I need...more

5/11/2017  /  Entrepreneurs , Startups

Want to Ruin Your Relationships? Ask Family and Friends to Fund Your Startup

When you need cash to fuel your startup, it’s tempting to “think local.” The people with the strongest ties to you—relatives, friends, college roommates, running buddies, and co-workers—are the ones who believe in you. You’d...more

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