Nic Brisbourne has recently given his own take on the question of investor competition, which I looked at in an earlier 50 questions post on competitive tension. We both agree on the main points; narrow your options...

How many VCs do you want competing to invest in you? It’s not a facetious question. Too few, and there is no sense of urgency or competitive tension. Too many, and you can be bewildered by choice, leaving...

This week’s question is really entitled “What are the most common mistakes in a business plan?”, but Nic provided a succinct way of thinking about his answers, and I decided to quote that in the headline above.

There are two different sets of questions you want to ask your VC. One is to find out whether you are comfortable committing to a business marriage over the next decade, a topic I covered in What...

Raising venture capital is a sales process. It is also a buying process. You are building a long-term relationship with a partner who will be with you for half a decade or more, sharing vital financial decisions...