Alexis is a new VC blogger, and this is a great post.
- HIDING THE DILUTION
Resolve to never lose sight of ownership percentage and expected terminal value of your investment.
- GOING ON HOPING SYNDROME
Resolve to be bigger than your ego and do the right thing by your investors with respect to under-performing companies.
- TAKING OVER PAYMENTS STRATEGY
Small Fry: Resolve not to be star struck by big firms wielding crappy deals in hopes of getting on their holiday party invite list.
Player: Um. Gee. If you can find a sucker to delay a fire sale of your company - possibly buy it a lottery ticket chance of success, what can I say? More power to you, as your actions benefit the company and your investors. Of course, I couldn’t do your job, that is for sure. I need my sleep.
- DELEGATION DISASTERS (DDs)
Resolve to trust your partners and to be worthy of their trust.
Thanks Alexis! And... Happy New Year!
Tags: peHUB, Alexis Lakes, RWI Ventures, VC, Venture Capital, Resolutions, Brian Berliner, brianberliner