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Web Second, Mobile First

Both Sides of the Table

BUT … I’ve talked to a number of eCommerce sites that also report much higher conversion rates than standard web. This increases conversions of items shown to you. then this is often more than made up by higher conversion rates versus asking somebody for a credit card. They are often one click away from buying.

Mobile 334
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Why Raising Too Much Money Can Harm Your Startup

Both Sides of the Table

conversation literally every week with startups. You will build out features or expend to platforms — often before you have enough market feedback to warrant it. I understand this instinct for more capital and I have two very different personal experiences: In my first company we raised an A-round of $16.5 million or $4 million.

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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

Conversely if you’re burning $600,000 per month (yes, some companies do) then you only have 5 months of cash left. If you have raised venture capital and you feel your runway (number of months cash left) is looking low have a conversation with your VC. If you’re raised at $250 million+ valuation even more cautious.

Burn Rate 383
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What Makes an Entrepreneur? Cojones (7/11)

Both Sides of the Table

Through comment conversations with many of you I tried to emphasize that it isn’t enough to just have one attribute. If your idea is so amazing that it warrants my hard-earned angel money or the money of my LP investors from our fund then why should I take a risk on you if you won’t take a risk on yourself? You need the whole package.

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How to Work with Lawyers at a Startup

Both Sides of the Table

You never got around to agreeing exact equity splits but you had many conversations about it. They usually ask for warrants (basically like a stock option) in exchange for taking a deferred fee. So eventually you have your company funded but only 2 of the 5 people who started the company are still around.

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Should Your Startup Give Performance-Based Warrants?

Both Sides of the Table

the economic benefits to BigCo never warrant all of the time and effort they put into getting a stake in your company and trying to make that stake worth money. So Plan B for many BigCo’s is to take “performance-based warrants.&# The following is a guide to what these are, whether to offer them and how to structure them.

Warrant 298
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How Much Should You Raise in Your VC Round? And What is a VC Looking at in Your Model?

Both Sides of the Table

There’s a quick litmus-test conversation any early-stage VC will have with the founder and it’s one that you should be as prepared for as your elevator pitch. He or she wants to know how long the money you will raise will last and whether this is long enough to warrant taking a risk on funding you. Founder: “$250k / month.”

Burn Rate 247