Startups with a clear and tight focus are generally more successful. Broadlume is a great example. Read on!
Founders beware. VCs that don't have funding cannot provide funding, are not VCs. We have seen such "VCs" delay funding rounds for at least three startups. The promise of a full round from a single funder without your terms being challenged may be tempting but you risk burning your startup when you run out of runway.
An investor's support of terms only counts when it is underwritten by money. Taking all the money from a single investor can be dangerous in the long run. A diversified, syndicated cap table makes a startup more resilient for follow-on rounds.
Okay, angel investors make mistakes, miss good ones and pick bad ones. But we learn from that. Founders also learn from mistakes, nothing wrong with that!
Check out this 3d billboard HERE and several more HERE.
Who would have thought that the Government's Startup Advisors' Council which was set up in 2022 would already clash with the IRD's Inland Revenue High-Wealth Individuals Research Project in 2023? HERE
Talking of tax, this article from Ian Taylor has resonated with many.