This is the second article in a series of posts intended to provide entrepreneurs and startups with background knowledge about venture capital financing. Many entrepreneurs and startups nowadays are very skeptical about taking VC money, and with good reason. Not only...
All of us have read the statistics about the percentage of startups that fail (and the even smaller percentage that receive venture financing). But why is that? Well, there are two reasons IMHO: Lack of focus and bad decisions. 1. Lack of Focus. How many times have...