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Venture capital basics  

This is a good, relatively brief overview of the basics of looking for money from VCs.

If you're not familiar with any of the concepts in it, it's worth a read. Covered:

  • What VCs are looking for
  • The difference between VCs and angels
  • Asking for the right amount
  • Planning on future rounds of investment
  • Understanding pre-money, post-money and % ownership
  • Negotiating
  • Comps
  • % ownership
  • Exit strategy (with example)
  • Understanding how a VC fund works
  • VC maths
  • The fallacy of taking other people's money
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Evolution of a dashboard: beware vanity metrics
Product scope: where to draw the line