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Startup Board Of Directors C787f6463d5ff1de1157622f4e247b7c0943223e2a7539fe1bd5f3bcf012ee53

How True Entrepreneurs Make Themselves Accountable

Everyone seems to like the aspect of being an entrepreneur that goes with “being your own boss” and “able to do things my way.” But sometimes they forget that this kind of freedom comes with a price of personal accountability. Accountability means “the buck stops here,” and “all the failures are mine.” Too many people […]
Martin Zwilling
Martin Zwilling , Founder and CEO , Startup Professionals
15 Jun 2014
What Founders Should Consider Early Exit Offer 601e498501579f6bfb2b1c25ae3ca66095ba6d7760710e7efe27246998f9eed7

How do I shake off needy investors?

Does the company have a board of directors? Are there any investor representatives on it?  If there is a “lead” Investor with whom you have a good relationship, you might try having him act as your front man. Otherwise, you might try sending ALL your investors something like this: “Dear NewCo Investors, Given the unique circumstances […]
David S. Rose
David S. Rose , Founder and CEO , GUST INC.
12 Jun 2014
Valuation. You keep using that word. I do not think it means what you think it means.

What happens when a company is acquired for less money than it raised in funding?

Every investment round in a company is made on the basis of extensive paperwork (often upwards of 100 pages in total) specifying *precisely* what happens when it comes time to pay out the proceeds (if any) from the sale or dissolution of the company. And since all prior investors sign such agreements—or are otherwise legally […]
David S. Rose
David S. Rose , Founder and CEO , GUST INC.
8 Jun 2014
Startups Need Option Plan To Hire Employees A22ae849e242af5b43b604e1ece450ef528cfd82a66946aa35f256c030709f7d

High Performing Virtual Teams Have 8 Key Attributes

Almost every startup is a virtual team these days, since most don’t start out with dedicated office space, and some or all members of the team work part-time or out of their own home. It’s a small world, so these team members may not even be in the same town, or the same country. Outsourcing […]
Martin Zwilling
Martin Zwilling , Founder and CEO , Startup Professionals
8 Jun 2014
Company As A Service Right Way To Build Startup 26a698f31848f3e82ab1d275e812c57c4591ce9d7c195f4b9fa7746e10bf9e0a (1)

What are the best New York City events to attend to meet VC’s and Angel investors?

This is a somewhat tricky question. Although there are many, many excellent events each week in New York that it would make sense for a startup entrepreneur to attend (see Gary’s Guide, Startup Digest, or This Week in NY Innovation), the truth is: VCs and serious investors don’t go to most of them, and the […]
David S. Rose
David S. Rose , Founder and CEO , GUST INC.
5 Jun 2014
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