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Does My Startup Need A Tos B0093ba2f1b6d42314dc72572586824d36d374153cdeb467e597362ef8ee243d

On the Paradox Consistency vs. Pivot

One of the more stubborn problems in building a business is the paradox of consistency vs. the pivot. Consider this: It’s better to have a mediocre strategy consistently applied over three or more years than a series of brilliant strategies, each applied for six months or so. But too often people get bored with consistency and drop […]
Tim Berry
Tim Berry , Founder , Palo Alto Software
11 Sep 2012
Scaling up? Here’s when an option plan can help

10 Ways to Enhance Your Team Collaboration Skills

It takes a great entrepreneur with a great vision to start a business, but it takes a collaboration of many people to make it a success. That’s where leadership comes in as a key ingredient, to drive the collaborative process to make the whole team better than the sum of the parts. I remember a […]
Martin Zwilling
Martin Zwilling , Founder and CEO , Startup Professionals
9 Sep 2012
Startups Manage Legal Compliance F87b24d861a4b42e2d64a34e3f3ba1dadfceb0fca4d3244500a54b8f114eabc9

How does Convertible Debt work?

Let’s start by understanding that because we are talking about something called “Convertible Debt”, it means that whatever it is will start out as one thing, and potentially convert (or “change”) into something else. In this case, what the investor receives in exchange for his or her cash starts out as debt, and potentially converts […]
David S. Rose
David S. Rose , Founder and CEO , GUST INC.
6 Sep 2012
Startups Manage Legal Compliance F87b24d861a4b42e2d64a34e3f3ba1dadfceb0fca4d3244500a54b8f114eabc9

Convertible Debt: Worst Form Of Seed Financing — Except For All The Others

How to finance a new seed-stage startup?  Equity?  Convertible debt?  Convertible equity? As of August 2010, Paul Graham famously proclaimed, “Convertible notes have won. Every investment so far in this YC batch (and there have been a lot) has been done on a convertible note.”  Yet in my little corner of Wonksville, Founder Institute CEO Adeo Ressi and Yoichiro […]
Antone Johnson
Antone Johnson , Founding Principal , Bottom Line Law Group
5 Sep 2012
What Founders Should Consider Early Exit Offer 601e498501579f6bfb2b1c25ae3ca66095ba6d7760710e7efe27246998f9eed7

For a Startup, Two Heads are Always Better Than One

If you are a first-time entrepreneur, I recommend that you team with a co-founder with experiences, connections, and a skill set that complements, but doesn’t duplicate yours. Even experienced entrepreneurs need a partner to back up each other and improve fundability. The question is how to find that elusive perfect-fit partner. First, I will admit […]
Martin Zwilling
Martin Zwilling , Founder and CEO , Startup Professionals
2 Sep 2012
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