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

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


Financial Planning

Venture Debt - The Other Green Money

Tuesday, October 23rd, 2007

True, Venture Debt is often the funding vehicle of last resort. When the Board is tapped out and a bigger fool cannot be brought into the venture, all eyes turn towards debt.
But wait, debt can be your friend… if deployed wisely.
When does venture debt make sense? To answer this question, let’s analyze a real-world example.

Brian Epstein is Not John Lennon, and Neither is Your VC

Tuesday, June 19th, 2007

It was the biggest day in the young Beatles’ fledgling career: an audition with Decca Records. However, rather than showcase such high-energy Beatle originals as “I Saw Her Standing There”, or “The One After 909”, Brian Epstein, the Beatles’ Manager, focused the group’s efforts on sappy show tunes and languid pop standards.
The result was a […]


Tuesday, June 19th, 2007

Along with Dr. Suess’ “Green Eggs and Ham” and Marcia Brown’s “Stone Soup”, the seemingly innocuous board game “Monopoly” has played a pivotal role in the United States’ rise as an economic superpower.