Straight Talk for Startups : 100 Insider Rules for Beating the Odds--From Mastering the Fundamentals to Selecting Investors, Fundraising, Managing Boards, and Achieving Liquidity

Straight Talk for Startups : 100 Insider Rules for Beating the Odds--From Mastering the Fundamentals to Selecting Investors, Fundraising, Managing Boards, and Achieving Liquidity

Description

"Straight Talk for Startups memorializes age-old best practices and empowers both experienced and new investment professionals to beat the odds."-David Krane, CEO, Google Ventures

"Straight Talk for Startups is filled with real, raw, and fact-based 'rules of the road' that you need to know when diving into our ultra-competitive startup world. A must read and a re-read!"-Tony Fadell, Coinventor of the iPod/iPhone & Founder of Nest Labs

Veteran venture capitalist Randy Komisar and finance executive Jantoon Reigersman share no-nonsense, counterintuitive guidelines to help anyone build a successful startup.

Over the course of their careers, Randy Komisar and Jantoon Reigersman continue to see startups crash and burn because they forget the timeless lessons of entrepreneurship.

But, as Komisar and Reigersman show, you can beat the odds if you quickly learn what insiders know about what it takes to build a healthy foundation for a thriving venture. In Straight Talk for Startups they walk budding entrepreneurs through 100 essential rules-from pitching your idea to selecting investors to managing your board to deciding how and when to achieve liquidity. Culled from their own decades of experience, as well as the experiences of their many successful colleagues and friends, the rules are organized under broad topics, from "Mastering the Fundamentals" and "Selecting the Right Investors," to "The Ideal Fundraise," "Building and Managing Effective Boards," and "Achieving Liquidity."

Vital rules you'll find in Straight Talk for Startups include:

The best ideas originate from founders who are users
Create two business plans: an execution plan and an aspirational plan
Net income is an option, but cash flow is a fact
Don't accept money from strangers
Personal wealth doesn't equal good investing
Small boards are better than big ones
Add independent board members for expertise and objectivity
Too many unanimous board decisions are a sign of trouble
Choose an acquirer, don't wait to be chosen
Learn the rules by heart so you know when to break them

Filled with helpful real-life examples and specific, actionable advice, Straight Talk for Startups is the ideal handbook for anyone running, working for, or thinking about creating a startup, or just curious about what makes high-potential ventures tick.

Similar Books

ISBN 10: 0691158304
ISBN 13: 9780691158303

01 Apr 2013
Noam Wasserman

ISBN 10: 0982796110
ISBN 13: 9780982796115

09 Sep 2010
Elton B Sherwin Jr

ISBN 10: 0062273205
ISBN 13: 9780062273208

24 Mar 2014
Ben Horowitz

ISBN 10: 0804740631
ISBN 13: 9780804740630

01 Oct 2000
Chong-Moon Lee

ISBN 10: 0230339948
ISBN 13: 9780230339941

24 Sep 2012
III Professor William H. Draper

ISBN 10: 1422126692
ISBN 13: 9781422126691

14 Sep 2009
John Mullins

ISBN 10: 1118106377
ISBN 13: 9781118106372

21 Sep 2011
Dov Seidman

ISBN 10: 1444792385
ISBN 13: 9781444792386

10 Mar 2016
Laszlo Bock

ISBN 10: 0062226762
ISBN 13: 9780062226761

14 Aug 2014
Michael S. Malone

ISBN 10: 0349401373
ISBN 13: 9780349401379

01 Apr 2015
George Berkowski

ISBN 10: 1939714095
ISBN 13: 9781939714091

25 Jan 2018
Patty McCord

ISBN 10: 0349411360
ISBN 13: 9780349411361

14 Jun 2016
Al Ramadan