Very few entrepreneurs actually understand VC economics.
You need to if you plan on raising money for your business.
Alignment of interests is absolutely critical.
Here's the quick 101:
You need to if you plan on raising money for your business.
Alignment of interests is absolutely critical.
Here's the quick 101:
Power Law is crazy real in venture:
Illustrative Example #1:
Illustrative Example #1 (con):
Illustrative Example #1 (con):
Illustrative Example #2:
Illustrative Example #2 (con):
Illustrative Example #3:
Illustrative Example #3 (con):
This comes from a Mark Suster (Upfront VC) presentation I sat in 5+ years ago.
It helped me understand what "swing for the fences" really meant.
I hope it can help some of you as you decide whether or not venture is for your business...
It helped me understand what "swing for the fences" really meant.
I hope it can help some of you as you decide whether or not venture is for your business...
If you're more of an email person I also write a newsletter.
One 'how to'.
One business story.
One vertical SaaS breakdown.
Once a week.
Sign up at lukesophinos.com
One 'how to'.
One business story.
One vertical SaaS breakdown.
Once a week.
Sign up at lukesophinos.com
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