Updating Your Investors

This post is for companies in their first year or so and have angel/seed investors. You should update your investors. Even if they don’t have a legal right to updates (i.e., “information rights”). It can help you more than it benefits them. I learned this from Ron Conway – updates are a sign of a […]

Scar Tissue

When I first started investing in 2007, I heard some investors turn down opportunities because of “scar tissue.” They had previous brutal (and usually money-losing) experiences with an idea/sector/market and this prevented them from doing it again. The canonical example for us is Ron Conway and music. Ron spent the better part of a decade […]