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David Frankel
dafrankel
I recently shared a thread urging founders to preserve their exit optionality by limiting the amount of capital they raise.Read this next part … if only because you would prefer
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Founder 1: Runs startup for five years. Sells for ~$100M. Makes $30M.Founder 2: Running startup for ten years (and counting). Valued at ~$1B. Founder shares valued at $30M.Which founder would
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The range of fundable startup ideas has expanded over the last decade to encompass everything from Slack to slacks.Now, the challenge is separating interesting, but niche markets, from those that
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We spend a lot of time trying to figure out what makes startups explode out of the gates, and not nearly enough on what drives the “overnight successes, a decade
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So much of the “dream” seems to be to build a startup and sell to a larger strategic/tech company.If you thought your company might survive a thousand years, what might
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100 years ago, World War I and the Spanish Flu together claimed ~100M lives.At a time when the world was in tatters, Guccio Gucci began to stitch together a business
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My career has been focused on the promotion of new technologies.@fcollective we are firmly fond of “Weird & Wonderful” startups.Still, when I first received invitations to a memorial service and
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“It’s time to build,” is the new tech mantra & rightly so.We are unequivocally beset by challenges that require action but the best founders always seem to solve problems by
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“Just Survive.”This is the most common piece of advice that I’ve shared with portfolio CEOs over the last month.Three additions to it: *So far* isn’t a long-term solution. If you’re
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