People Are Our Most Important Asset

“People are our most important asset.” It is the rare corporate employee who hasn’t encountered this hackneyed statement in an employee manual, executive speech, or HR PowerPoint presentation.  While it rings somewhat hollow in this age of ever-increasing...

More Money Than He Knows What to Do With

It seems that no list of potential angel investors would be complete without that person who just sold his company and now “has more money than he knows what to do with.”  Surely, he will invest in Newco. There’s nothing sure about it. Time and again I encounter...

Valuing Your Pre-Revenue Startup

Pre-revenue startup.  The term should be self-explanatory.  A pre-revenue startup is a company with no customer activity or sales.  Pretty simple, right?  Then why do I meet so many entrepreneurs who do not understand this definition . . . or, at least, its valuation...

Tales from the Entrepreneurial Wilderness

I am often asked to share my startup stories.  I’m happy to do so . . . up to a point.  I reserve the more unique, even bizarre, stories for future publication.  Someday, I hope these vignettes will appear in a compilation of tales from the entrepreneurial...
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