Uncle Saul
Need straight-talking advice from a serial entrepreneur? Ask Uncle Saul and the answer may be posted here.
Last week’s question:
Dear Uncle Saul,
How far should I go with developing my new business before seeking to raise venture capital?
- Brian
Answer:
Go as far as you can! By bootstrapping your business during the early stages you will attain a far greater valuation enabling you to raise more money while giving less equity away. For more advice about VCs read "Brian Epstein is Not John Lennon, and Neither is Your VC."
- Uncle Saul
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Partnerships
Friday, October 19th, 2007
Listen.
Do you want to know a secret?
Do you promise not to tell?
Closer.
Let me whisper in your ear.
Say the words you long to hear.
I can help you sell.
My apologies to John and Paul, but I am sure they will get over it.
The secret to effective Networking, Selling and Negotiating can be summarized in a single word. […]