Both Sides of the Table
JANUARY 28, 2012
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.
Both Sides of the Table
JANUARY 5, 2010
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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Both Sides of the Table
JANUARY 21, 2010
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.
Both Sides of the Table
MARCH 21, 2010
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.
A Smart Bear: Startups and Marketing for Geeks
AUGUST 30, 2010
The conversation almost always turns to questions about where to find virtual assistants and how a startup can use one. As I've automated pieces of my businesses, I've noticed an interesting trend: nearly anything I try to automate is easier to outsource first, then automate down the line once the volume warrants it.
Both Sides of the Table
FEBRUARY 24, 2019
If a conversation happens between the CEO and each director then each side knows what we’re trying to achieve with the in-person meeting. A director who hasn’t had a pre-conversation with management will not be as effective in the board meeting. I sometimes view it as my role to drag other people into the conversation.
Both Sides of the Table
SEPTEMBER 5, 2012
I recommend that startups agree the “conversion price” at maturity. When you talk to new investors about the mandatory conversion at the end of the debt’s life you say, “that was the downside, worst-case provision I agreed to investors in case we weren’t successful raising money.”
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