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Why Entrepreneurs Hate (Most) MBAs

InfoChachkie

A version of this article previously appeared on Forbes. Someone on Quora recently asked me to answer the following question: Why Do Digital Entrepreneurs Hate MBAs? Tech entrepreneurs' consternation with MBAs does not rise to the level of loathing. As I stated in my Quora answer, "hate" is the wrong word.

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How Smart Startups Survive Investor Due Diligence

Startup Professionals Musings

For the elite startups and entrepreneurs who manage to attract the investor they dream of, and survive the term sheet negotiation, there is still one more hurdle before the money is in the bank. This is the mysterious and dreaded due diligence process, which can kill the whole deal.

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10 Tips On Due Diligence On Any Startup Funding Offer

Startup Professionals Musings

Some aspiring entrepreneurs are so desperate for funding, or naïve, that they ignore the obvious signs of scams and rip-offs on the Internet, praying for a windfall. But people are still begging for more technology or laws, often to protect them from themselves. Use the common sense suggestions to avoid the pain: Decoy investor scam.

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8 Fundraising Deal Breakers Inexperienced Entrepreneurs Routinely Create

InfoChachkie

A version of this article previously appeared on Forbes. Because of the rapid pace with which Venture Capitalists review investment opportunities, they must employ pattern matching techniques which include identifying common fundraising deal breakers. Breaking The Deal Breakers. Frictionless Fundraising.

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The Case for Optimism and Risk at Startups

Both Sides of the Table

Last week a company we enthusiastically backed, uBeam , led by a very special entrepreneur, 25-year-old Meredith Perry , announced a $10 million round of financing. uBeam’s tech does work and I have safely seen it demo’d in the real life many times. Entrepreneurs. ” **.

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Startup Due Diligence Success Requires Advance Work

Startup Professionals Musings

If your startup is great enough to get a term sheet from angel investors or a venture capitalist, the next step for the investor is to complete the dreaded due diligence process. Some startups do nothing to prepare for the due diligence process, assuming the people and business plan documents will speak for themselves.

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Startup 360-Performance Review Result – Improved Time Management - Finding Founder Time

InfoChachkie

Part I of this series describes the 360-review that I conducted at a growing, dynamic SaaS business which has recently graduated from the startup stage and entered the early-growth phase. One of the most compelling conclusions I drew from the reviews is that both Founders need delegate more of their day-to-day tasks.