Artificial Intelligence for Better Business Results
A convertible note is a type of debt instrument that allows the holder to convert their debt into equity at a predetermined valuation at a future round of funding. For example, let’s say you have a startup that has raised $100,000 in debt from 10 different investors. The terms of the convertible note may state…
In my days marketing new technologies I spent a lot of time trying to come up with new content. White papers, blog posts, and even social media missives can be time consuming. In short, creating content can be a daunting task for marketers. Not only does it require a lot of time and effort, but…
Many people blog to share some elements of their success. When it comes to startups, I am far from Mark Zuckerberg. I have been involved in technology startups for 25 years. While I’ve made a good living at it, I’m not writing this from my yacht in the Caribbean or my ski lodge in Vail.…
Hiring for a startup is different than hiring for an established company. Its small size typically characterizes a startup, limited resources, and quick pace of work. Startups are often built around a new product or service, and are typically founded by entrepreneurs passionate about their idea and driven to turn it into a success. Because…
An investor’s right to have their money returned before common stock holders, which usually includes founders and employees of a company, is called a liquidation preference. In other words, the liquidation preference determines how much money must be returned before founders and employees of a company can receive returns in case of liquidation such as…
Anyone who has ever started a business knows that the path to success is seldom straight or easy. There are countless pitfalls and distractions that can lead you astray, and it’s often difficult to know which decision is the right one. For startups in particular, one of the most dangerous traps is confirmation bias. Confirmation…
