In this episode I give you my thoughts on why getting a term sheet isn’t the hard part when it comes to raising money for your business. While it may be difficult to get a term sheet in the first place from investors, it’s even more challenging to raise the full amount in a term […]
When you are first building your platform or product, you need to focus on a couple of things: The technology, putting together a great team, user acquisition and gaining traction, and hopefully earning revenue as well. Once you have all four of these things, you will be in a much better negotiating position when it’s […]
If you read tech blogs and news sites like TechCrunch, Mashable, CNet, and the like, you most likely see new startups getting funded every day. Some of the ideas are great, some are….well, pointless. You wonder why the amazing idea that you built, whether it be a website, a mobile app, or product isn’t getting the funding […]
Running a tech startup or any business is difficult as you may know. One of the most difficult parts of running it is collaborating with your team. Organizing your tasks into various departments can be a headache, especially when you are the founder and must manage it all. Thankfully, there are plenty of free tools […]
As most of you know, I am currently running my fifth tech startup and just launched the beta site last month. To most people, my job seems glorious, fun, exciting, and full of perks. But the truth is, running my tech startup is the most difficult, challenging, and stressful job I’ve ever had, and here’s […]
In Silicon Valley there is a popular term called FOMO (Fear of Missing out), meaning investors throw money at as many tech startups as they can because they’re afraid to miss the next Uber or Facebook. If only that were the case here in Philadelphia. Instead we have quite the opposite. I am coining a […]
Running your startup over the course of a couple of years with your team is a very challenging thing to do without funding. The few that have succeeded are the success stories that you hear every day. A lot of these large companies at one point did something different, but realized it wasn’t working out. […]
Silicon Valley is an amazing place. The people are intelligent (and laid back), the atmosphere is magical, the weather is nice, and tech is prevalent all around you. When I first arrived to Google’s headquarters it looked like a college campus, and I found out that it actually feels like one too. Everything from the […]
As the saying goes, ideas are a dime a dozen. The execution of the ideas are what matters. And who has been executing brilliant ideas throughout history? It’s being accomplished by entrepreneurs, experts in their field, historians, scientists, brilliant minds of our time. Nikola Tesla revolutionized various different things, but there are so many of his ideas that you […]
Often, when a new company launches, with big money backing it (think $1 million), the press and media jump all over it for an interview. And then something horrible happens. The company founders say something that they believe is true, when in fact it is not. A great example is when co-founder of Tinder, Whitney […]
I’ve been running companies since the late 90’s. At one point in my music entertainment company, I had to manage literally hundreds of employees nationwide. Nowadays, I only have to manage anywhere between 10 and 20 employees. The first thing people say to me when they hear I have to manage so many employees is, […]
People and entrepreneurs pitch their ideas to me every single day. When they do, one thing is consistent: They don’t know how to code. I watch them spend months trying to find developers to join their team for equity, without success more often than not. Every entrepreneur has “the next big thing”, and they think […]
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