There’s no polite or easy way to say this, but winter is on its way in the venture world. It’s getting tougher and tougher for startups caught in the lukewarm limbo between ideas and invoices to get their early backers to up their bets especially when it’s not clear that they’ve found a viable business model and/or a way to stop the bleeding sooner rather than later. Too many pivots with too little to show for the dollars down the drain and pretty soon no one wants to hear your, “someday soon,” story or your next grand plan. Continue reading
Tag Archives: break even
INVESTORS LOSING PATIENCE WITH PIVOTS
Filed under angel, angel investor, Business, Conflict, Entrepreneur, Entrepreneurship, High Tech, Startup Companies, Startups, vc, venture capital
TWENTY QUESTIONS YOU WILL BE ASKED BY VENTURE CAPITALISTS
(If You Get That Far)
Most likely you’ve played the game 20 questions. As the contestant, you use your best combination of questions, which can be answered with a simple “yes” or “no,” in order to discover a piece of information held secret by the other player. The objective is to discover the unknown information with the fewest questions (from the 20 you’re allotted), as quickly as possible. Continue reading
Filed under Entrepreneur, Entrepreneurship, High Tech, Low Tech, Startup Companies, Startups