“I am not stating that every startup deserves to succeed or should get funding without effort. I am saying that the pitching arena should start shifting toward a reversed scene, where natural selection, in a Darwinian fashion, applies to investors pitching themselves—showing how they can help and contribute beyond just money.
Until that happens, our modern startup world can best be described exactly as Jennifer Lopez’s character put it in her 2019 hit movie Hustlers:
“We are all living in a gigantic strip club where you got people tossing the money… and people doing the dance.”
Quote by Victoria Silchenko
“Simply put, we need plenty of risk capital flowing into the real economy—into real startups solving real problems. If we live in a world where small businesses—the true engines of the economy and job creation—are dying faster than they’re being born, it raises a critical question: What’s wrong with a financing system that’s supposed to provide the oxygen for new ventures?
Do you hear me, derivatives traders?”
Source: Raise and Rise: Funding Sources for Your Startup in the Era of Digital Transformation & Blockchain
“I believe that any meaningful change requires initiating the kind of conversations that make people uncomfortable. I believe in asking questions – and searching for the truth. I have questions and would rather “have questions that can't be answered than answers that can't be questioned,” paraphrasing Richard Feynman, a quantum physicist and Nobel prize winner who lived here in Los Angeles.”
Source: Raise and Rise: Funding Sources for Your Startup in the Era of Digital Transformation & Blockchain
“You live in an era where raising funding has turned out to be the most important skill of all.”
Source: Raise and Rise: Funding Sources for Your Startup in the Era of Digital Transformation & Blockchain
“Here, I must say that some terminology in the language of finance is slightly misleading. Uber’s “loss” largely means heavy investments in other businesses and stock-based compensation stemming from the company's initial public offering.
Unsurprisingly, Travis Kalanick, Uber’s co-founder, sold nearly $1 billion in company shares the moment Uber’s IPO lockup period (read: the timeframe when you can’t sell your shares) was over. Duh.
When a company files for an IPO instead of bankruptcy, the IPO should be renamed a bailout—because modern business solutions require modern business jargon. #sarcasm”
Source: Raise and Rise: Funding Sources for Your Startup in the Era of Digital Transformation & Blockchain
“In entrepreneurial finance, the asymmetry between what needs to be backed and what actually gets financed—often driven by purely speculative expectations—is truly remarkable.
Case in point: CB Insights has been doing an admirable job publishing its "mortality reports," analyzing why some of the most promising and heavily vetted startups fail. And for years, the number one reason for failure among VC-backed startups has remained the same:
There was no market need.”
Source: Raise and Rise: Funding Sources for Your Startup in the Era of Digital Transformation & Blockchain
“The general rule of thumb for a seed-stage round is to preserve at least 80% of your equity pie.
In other words, before you hit the marketplace, don’t sell more than 20% of your company’s ownership.”
Source: Raise and Rise: Funding Sources for Your Startup in the Era of Digital Transformation & Blockchain
“Most of us eagerly celebrate yet another mega deal, cheering for a founder who landed a venture capital fund and secured a sizeable investment.
Now, let’s pause and think about what that actually means. It signals that our fellow entrepreneur has officially taken on… yes, a liability burden.”
Source: Raise and Rise: Funding Sources for Your Startup in the Era of Digital Transformation & Blockchain
“The Sublimity of Nature is God’s way of shaking you awake from the dream – it’s not about fear or dread but about being startled back into seeing clearly.”
Source: Trust: A Manual for Becoming the Void, Building Flow, and Finding Peace
“When a venture capitalist says, "We are now one team," take it with a grain of salt—and remember, his primary job is to make sure that you do yours.”
Source: Raise and Rise: Funding Sources for Your Startup in the Era of Digital Transformation & Blockchain
“You might well ask—what now then, shall I stop looking for capital?
Haha, that’s like asking whether you should get married or not—as they say, you’ll be damned if you do and damned if you don’t.”
Source: Raise and Rise: Funding Sources for Your Startup in the Era of Digital Transformation & Blockchain