Remove Advisory Board Remove Operations Remove Revenue Remove Warrant
article thumbnail

8 Tips To Get the Most Out of Your Investors and Board

Both Sides of the Table

In his tenure as CEO of DataSift we have never missed a monthly revenue figure. He has grown our US operations from 1 employee (him) to a global organization of 75 employees that will finish the year with 8-digit revenues (90+% recurring) and more than 350% year-over-year growth. Between Board Meetings. The Agile Board.

article thumbnail

Flexible VC, a New Model for Companies Targeting Profitability

David Teten

More and more startups are pursuing Revenue-Based VCs , but “RBI” doesn’t fit everyone. Flexible VC 101: Equity Meets Revenue Share. By tying payments to actual revenues, founders and investors remain aligned around the company’s real-time performance, good or bad. Of the Inc. 5000 companies, only 6.5% raised from angels.

article thumbnail

Do It Right The First Time, Part II: Visit the Doctor or House Call?

Gust

Determine who will serve on the Board of Directors and in executive officer positions (usually founders). Form a legal entity to operate the business (we’ll use a Delaware corporation as an example for Newco). Appoint Newco’s initial Board of Directors. Advisory board agreements. Offer letters for employees.