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COMPANIES ARE SOLD NOT BOUGHT

DEAR FOUNDERS, You want every acquirer to believe that “companies are bought not sold” but most of you, founders, need to behave as if “companies are sold not bought”. Stay with me. You are the genius founder of your company with a soon-to-be massive global audience and innovative tech that’s changing the world. You are […]

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Unicorn (gag) Seed Round

Dear Founders, I have been asked twice in the last week to opine on what a kick-ass seed round should look like from a founder’s perspective. What’s the ideal valuation, size, angel vs vc, passive vs active, note vs priced, etc? Envelope please. The Lead. Lets start at the top of the funnel. Who you […]

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Josh Felser

Dear Founders

Many of you know Dave and me already. For those that don’t: two guys walked into a conference at the Fairmont Hotel in 1996, bonded over music and two companies and three VC funds later are still close friends and business partners. Hard to believe almost 20 years have passed since Dave and I first […]

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