Some interesting links we found across the web this week:
WTF is a Liquidation Preference?
Hint: It's not something you forgot from 10th grade chemistry
or that you're asked about by a mixologist at a fancy cocktail
bar. A solid understanding of liquidation preferences will help you
avoid any surprises if your startup gets sold.
Real Success in Silicon Valley Comes From
Rejecting Almost Everything Shiny You Hear About It
Don't believe the hype. Quartz reminds us that startup
success usually follows after the "Dark Night of the
Soul," if at all. Many talented entrepreneurs and
high-potential companies never make it past their first round of
funding. Sometimes the most valuable asset provided by investors is
support and mentorship.
Predictions 2017: The Year of IoT, Self-Serve
Software and the Data Protection Officer
SiliconANGLE peers into its crystal ball and predicts what
trends will get the most attention next year. Only one way to find
out if they're right...
Hard Truths and Tips About Borrowing From Friends
and Family
All money comes with strings attached. When it comes to debt or
equity financing from friends and family, things get personal
quickly. Entrepreneur offers advice for raising money from
friends and family without ruining every future family dinner.
Embracing Bad Ideas to Get to Good Ideas
The road to the next game-changing idea is likely littered with bad
ones. The Harvard Business Review discusses how bad ideas
and ideas that don't scale often provide a great launching off
point for discovering adjacent opportunities (e.g. companies should
focus less on "wasting" money and more on learning from
what does and doesn't work).
What Top Silicon Valley Investors Expect in
2017
One last 2017 prediction. VentureBeat collects thoughts
from some prominent VCs on their expectations for next year.
Links compiled by Bill Warren.
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