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3 charts that show the effect of venture fundraising on founder ownership

Raising money inevitably dilutes the stakes of company investors, employees and founders, but the idea is that a growing valuation results in a net positive, as it increases the value of everyone’s now-smaller slice of the pie. That’s how we end up with billionaire founders like Bill Gates, Jeff Bezos, Mark Zuckerberg, etc. (Pitchbook)

Funding
Posted: Jan 30, 2017

Creating a Customer-Centric Culture

Abysmal customer service. Is there anything worse? Well, yeah, but when a company treats you poorly, it’s still pretty upsetting. If your company offers exceptional service to every customer, you can stop reading now. But if you’ve got some room to improve in this area, it’s time to make it a priority. Here are some sobering stats compiled by HelpScout, makers of customer service software, that illustrate why customer service is so important.

Growing
Posted: Jan 23, 2017

How to Gain Exposure and Acquire Customers with Google AdWords

Getting exposure for your business is no easy feat. Traditional methods, like public relations and advertising, require skill, time, and money. A full-page, four-color ad in Inc. magazine, for example, will set you back $90,000—and that’s just for a one-time run, and doesn’t include the cost of a designer or copywriter. Fortunately for startups, it’s a brave new world in marketing, and thanks to digital advertising platforms like Google AdWords, gaining exposure and acquiring customers is easier—and less expensive—than ever before.

Marketing & Public Relations
Posted: Nov 30, 2016

Playing Up Your Startup’s Culture to Attract and Retain Talent

If you’re anything like the entrepreneurs we talk to every day, one of your biggest challenges, after funding, is finding and retaining talent. After all, you’re competing for employees with bigger, more established firms. They have deeper pockets and dedicated recruiters. And they usually pay more, offer better benefits and provide greater job security.

Growing
Posted: Oct 31, 2016

Setting Goals for Your Startup.

You know you should be setting goals for your company and the various departments within it. But you’ve tabled the task yet again in favor of dozens of competing priorities. Think about this, though: If everyone in your startup can’t name the company’s top three to five goals, how are they going to prioritize the myriad things they need to do to realize your vision?

Growing
Posted: Sep 30, 2016

Congratulations, You Sold Your Company. Do This Next.

You did it! You sold your tech company. You now belong to a group of elite entrepreneurs who have captured the holy grail. Against formidable odds, you turned your idea into a viable startup, grew it into a major player disrupting your industry, and then exited (while
amassing piles of cash). Before you move on to your next venture, it’s a smart move to take a step back and develop a plan to preserve your wealth.

Growing
Posted: Aug 31, 2016