Comments on: The best advice startups will never follow https://berkonomics.com/?p=2416&utm_source=rss&utm_medium=rss&utm_campaign=the-best-advice-startups-will-never-follow Dave Berkus' business insights Tue, 27 Oct 2015 16:47:36 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: Wernard Shoy https://berkonomics.com/?p=2416&cpage=1#comment-72857 Tue, 27 Oct 2015 16:47:36 +0000 https://berkonomics.com/?p=2416#comment-72857 Guys, let’s then do nothing. Fold paws as the gopher and wait …Each project author knows that his invention or product demanded by the market.
Another thing, if he knows well not sufficiently the market or do not have enough experience.
For example, how many idiotic projects and live there in our land.
Some allegedly scientists are trying to teach apes -gorill how they should live like people.
Why … what meaning ???? They have to live this way and why their teach.
Or another example … now in Earth orbit
more than 16 thousand satellites revolves… it’s just trash, metal .. and billions of money invested. I agree there is inexperienced investors, but the experience will come …But many investors are simply are illiterate and ignorant. Those who disagree with me … we can continue the discussion.

]]> By: Barbara Clarke https://berkonomics.com/?p=2416&cpage=1#comment-72719 Fri, 23 Oct 2015 01:08:00 +0000 https://berkonomics.com/?p=2416#comment-72719 The point about not accepting a high valuation for early rounds is especially applicable to startups who enter accelerators with standard terms. Only a small percentage of startups can actually live up to the valuations they get at these accelerators, which really hampers them on Demo Day.

]]> By: Jess Jessop https://berkonomics.com/?p=2416&cpage=1#comment-72638 Tue, 20 Oct 2015 22:22:12 +0000 https://berkonomics.com/?p=2416#comment-72638 Oh boy are you right! Having made some of these mistakes in the past I understand, so far I have avoided them in my current startup Eternity Archive.
Thanks so much for all of your advice, you continually confirmed all my best instincts and training.

]]> By: James Fallon https://berkonomics.com/?p=2416&cpage=1#comment-72635 Tue, 20 Oct 2015 19:28:47 +0000 https://berkonomics.com/?p=2416#comment-72635 EXCELLENT advise!

Raising sad money is a journey and the more you learn and understand what investors are looking for the faster you can dial in the financial equation. Remember some just want a big payout in 3-5 years, some want a residual revenue stream fro each product sold, others may a dividend by year two. Understanding the needs of investors is critical to your success.

]]> By: Lucien Ruby https://berkonomics.com/?p=2416&cpage=1#comment-72632 Tue, 20 Oct 2015 16:23:43 +0000 https://berkonomics.com/?p=2416#comment-72632 Dave: these rules should be tattooed on everyone doing a startup. Another terrific bit of advice. Regards. Lucien

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