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



Blogroll

Venture Capital

Nature or Nurture?

Friday, September 7th, 2007

For lack of more productive things to do, many scientists, psychologists and sociologists enjoy arguing over which has a greater impact on an individual’s chances for success: their innate abilities (“Nature”) or their environment (“Nurture”).
With each passing decade, the pendulum swings back and forth among the intelligentsia as to which factor has the greatest impact, […]

Pattern Matching

Wednesday, August 15th, 2007

Gestalt - an organized whole in experience which explains psychological phenomena by their relationships to total forms rather than their parts.
What?
A Venture Capitalist friend of mine once told me that, “Venture Capital is really a game of pattern matching.” He noted that whenever he met an entrepreneur in search of funding, he did his best […]

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 […]