Disrupting disruption with disruptive disruptions since 2010.
Someone who talks about starting a company the way other people talk about going to the gym -- constantly, passionately, and with absolutely no intention of following through. Their startup is always launching next month, and next month is always next month.
A spreadsheet model showing how acquisition proceeds flow to different shareholders based on liquidation preferences and other terms—usually revealing that founders get far less than their ownership percentage suggests. It's where equity dreams go to die.
A referral to an investor through a trusted mutual connection, as opposed to cold outreach. The difference between getting a response and having your email automatically archived.
Options for investors to purchase additional equity at a predetermined price, typically sweetening deals when a startup is desperate or when investors have serious FOMO about missing upside. The financial equivalent of a rain check.
A financing so dilutive that existing shareholders are essentially wiped out, often following multiple bridge rounds and broken promises. The financial equivalent of starting over but with more emotional baggage.
An introduction to an investor or customer through a mutual connection, vastly more effective than cold outreach. The difference between your email being read and being instantly deleted by an EA.