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What is the Definition of a Seed Round or an A Round?

Both Sides of the Table

Marc Andreessen kicked off another great debate on Twitter last night , one that I’ve been talking about incessantly in private circles for the past 2-3 years – what actually IS the definition of a seed vs. A-round. My personal definition? Nobody cares. Whom you take advice from really matters. So back to reality.

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Invest in Lines, not Dots

Both Sides of the Table

Note that “performance&# on my chart is a loose term for my definition of perceived progress that can take the form of product, customer adoption, employees, investors, press or whatever. By definition if somebody is investing in you as a dot (limited thought, limited due diligence, maximum price) they are a dot to you, too.

Invest 411
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Document Your MVP for a Developer

SoCal CTO

Me : Product definition, use cases, feature list, wireframes, comps, really whatever you have. Towards An Integrated Approach to UX Design You should definitely look at Steve Blank's book and review his blog. Founder : Ummm. what do you mean? Founder : Umm. what format would you and the developer want that in?

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Equity for Early Employees in Early Stage Startups

SoCal CTO

Early Employees To help with this discussion, let me start with a definition of "early employee." " Steve Blank divides the individuals associated with startups as: Founders Early Employees (Employees # 1-25) Later Employees (Employees # 26-125) The reality is that the definition of founder and employee is not clear.

Equity 391
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Top CTO Challenges for 2019

SoCal CTO

The rating scale was 1-5 with: Not a challenge A small challenge Somewhat a challenge Definitely a challenge Keeps me up at night We provide both an Average and a Scaled Rating that gives much higher weight to 4s and 5s and discounts 1s and 2s. We received over 250 responses that provides a pretty good insight into the top CTO challenges.

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What Mistakes Do VCs Make When Fundraising?

Both Sides of the Table

and even though by definition that means the majority of our dollars are invested outside the area, that still makes us meaningfully different from the ten other Sand Hill Road funds this LP might be speaking with. We’re definitely not a “regional investor” but we do have some comparative advantage in a good portion of our deals.

Sales 375
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Why Entrepreneurs Should Be Respected More Than Loved

Both Sides of the Table

This is when your job function truly starts to match the definition of “leader” because that’s exactly what your role is. The “span of control” for a growing tech startup is probably 6-9 people. The “doers” in your organization. You set direction. You hire great people.