The Real Reason I Prefer to Sit on Company Boards
Last week, I enjoyed sitting on my first board meeting with the team at Datum Source. Datum Source offers supply-chain-as-a-service solutions for advanced hardware manufacturing companies. The founders are exceptional. One of the greatest pleasures I have as an investor is the ability to sit on company boards. My preference to sit as a director […]
How I Do Term Sheets Differently
I gave out a term sheet last week to a founder of a great vertical SaaS company. The CEO gave me a lovely compliment on how I presented him with the opportunity. I felt great about this term sheet because the deal demonstrated a win-win for everyone. Although the founder appreciated the thoughtfulness of the […]
Founders Fundraising Forecast (Optimism or Lying?)
What is the line here? In my seven years of investing in early-stage companies, I have heard many pitches. They all contain hockey stick projections of revenue to show investors of the incredible growth and scale opportunity. Of course, no one believes the growth projects, but we still expect to see them. If I am […]
Locking Horns With Founders
When Founders and Investors Do Not See Eye to Eye. The image of two stags locking their horns, pushing and pulling each other in conflict, has been referenced when an investor and a founder come to a disagreement by a colleague of mine, Romi Dillion of Sonoran Fund. I think it is a really great visualization […]
What Is Your Valuation Expectation?
The First Uncomfortable Conversation I have with a Founder This question is always the most uncomfortable for me. This conversation is likely the first time an entrepreneur and I will not see eye to eye. I have had experience speaking about valuation in multiple ways. At an old firm I used to work at, we […]
