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How to Get Busy People to Take Action When You Send an Email

Both Sides of the Table

We all get a lot of email. For important emails we hope for replies or action. If you do the math on the number of inbound emails you get multiplied by the time it would take to read them all and respond to those that expect a reply you would be astounded. Many people ramble in emails. And we send off scores of them, too.

Email 415
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Start a deal room and keep it current.

Berkonomics

A “deal room” is an electronic or physical space dedicated to storing the massive amounts of data to be used in due diligence by a buyer, lender or by an investor. Email readers, continue here.] The liquidity event and beyond' That’s a comprehensive piece on a company for use by a buyer in determining fit.

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Haste makes waste; but to lag is to sag.

Berkonomics

A marginal example was the Intel release of the Pentium Pro and new Pentium II processor to rave reviews – until a math professor found an obscure error in the chip’s code that made a rare floating-point calculation error. The waste from haste in this example was in not pre-thinking of enough testing scenarios for a new product.

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Sagewise pitches a service to verify claims and arbitrate disputes over blockchain transactions

TechCrunch LA

All of the benefits of a cryptographically secured, publicly verified, anonymized transaction system can be erased by errant code, malicious actors, or poorly defined parameters of an executable agreement. Hoping to beat back the tide of bad contracts, bad code and bad actors, Sagewise , a new Los Angeles-based startup has raised $1.25

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What’s a “data room” and how do you use it?

Berkonomics

A “deal room” is a cloud-based or physical space dedicated to storing the massive amounts of data to be used in due diligence by a buyer, lender or by an investor. Email readers, continue here…] But maintaining such an electronic or physical facility is time-consuming and costly. Your data room and its contents.

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WTF is Traction? A 6-Step Relationship Guide to VC

Both Sides of the Table

It is code word for “I’m not ready to invest for whatever reason … I need more proof.&#. Fund raising is an ongoing process and not an event on a workplan. They get positive product reviews on TechCrunch, GigaOm or Paidcontent.org. You need to build a relationship with investors over a long period of time.

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The need for a board grows with complexity

Berkonomics

Money from friends and family usually is offered in a casual manner with much less restriction than professional investors, so that a formal board is a logical step but not often created upon this event. These events, one or all, usually are triggers for the founders to seek to create a board for oversight and guidance.