SAFEs and Discounts and Caps, Oh My! Demystifying Convertible Notes
This blog series has been primarily focused on HOW to raise money, or at least increase your chances. In this article I want to focus on...
The Road Less Traveled: When and How to Pivot
Not every business can be immediately successful. It's an unfortunate reality, but one that very few founders are willing to accept....
Not All Money is Equal: Finding Value-Add Investors
I have written a lot in previous posts about things startups can do to turn a "No" into a "Yes" from investors. However, just because an...
Being the Hero of Your Own Story: How to Make a Cohesive Pitch
I have wrote a lot in earlier blog posts about different elements of pitch decks: problem, solution, competition, market size, traction,...
Slide into Success: How to Make Effective PowerPoint Slides
I have seen a lot of pitch decks in PowerPoint and most of them, for lack of a better term, suck. If used correctly, PowerPoint can be a...
To Liquidity and Beyond: How to Discuss Your Exit Strategy
"What's your exit strategy?" It's a fairly common question that might come up in a pitch and it's one that I have seen a lot of founders...
Read the Room: How to Simplify Your Solution
Some startups solve incredibly difficult problems, and with that often comes incredibly complex technologies. Despite the intelligence...
Keeping Your Options Open: Why Option Pools Matter
When you are running a startup, there are many different things to focus on: product, customers, leads, employees, investors, marketing,...
99 Problems But Your Pitch Isn't One: How to Make a Good Problem Statement
What is the number ONE reason startups fail. Some investors might say something basic like team or product but my answer is actually...
Making the Most of Your Money: The BVP Efficiency Score
May is metric month! My last two posts focused on ARR and the Rule of 40 respectively. This post will focus on your companies' spending...
The Rule of 40: Profit or Grow
In my last post I talked about Annual Recurring Revenue (ARR) and why it was such an important metric for a Software as a Service (SaaS)...
The King of SaaS Metrics: What is ARR and Why Does it Matter?
As a startup it's a good practice to keep track of your one or two most important metrics. If you have a Software as a Service (SaaS)...
Wearing Blinders: Why it's Way too Early to Worry About Your Competition
I have seen A LOT of pitches, and competition is ALWAYS included in them. After all, understanding your competition is important and it...
Failure to Launch: Don't Let the Perfect Get in the Way of the Great
There are lots of important things to consider when running a startup. One of the most important is when to launch your product. Many...
Wearing Multiple Hats: Why you Can't Just Buy a Sales Team... Yet
How are you going to spend your money? It's one of the last slides in your pitch deck where you outline to investors where their money...
Margin of (No) Error: How to Properly Calculate COGS for Your SaaS Business
Gross Margin is one of the most important factors in determining the performance and valuation of a software as a service (SaaS) company....
Flip It!: A Bottom's Up Approach to Financial Modeling
There are two approaches when it comes to financial modeling. The first is a top's down approach and the second is a bottom's up...
Cash is Still King: How to Make a Cash Flow Chart for Your Startup
Owning a startup is a race against insolvency. Founders are constantly trying to gain traction before they run out of money. As a founder...
Angels in the Boardroom?: The Difference Between Angel Investors and Venture Capital
A question I get asked a lot from startups is WHO they should raise money from. In the early stages of fundraising, founders often face...