whalejack

Hi — thanks so much for writing this. Would you elaborate on the Plan B executed in month 4? Perhaps this was in another part of the series I missed, but what is an example of something that would accomplish this outcome? Holding a constant (presumably lower) burn rate implies either lowering some fixed costs at a set rate (which you would do no…

Amazing. Should be taught as a class, with discussion around the problems of each issue itemized. This is a capsule of how to create a high-growth, venture backed company.

Thank you for sharing.

Brilliant. Amazing. So perfectly described — this idea of “18 months from inception to exit” and headline leading finding rounds is such garbage, and I am exhausted of all the ridiculous “game face@ everyone is constantly portraying.

Entrepreneurship is HARD. A lot of it sucks. Most people should not do it. It is not easier…

On venture capital (VC) vs angel investment:

The general rule is the more money any entity has to offer, the higher the return has to be for any investment. So angels put in smaller checks, but also aren’t accountable to a bunch of LPs for returns, so would be happy with some x return generally…

On hiring lawyers vs. listening to “friendly” (but free) advice.

I see posts here and on other sites (but I don’t care about those people) regarding legal issues, and non-lawyers often responding and providing advice. This is really, really dangerous, especially in areas in which you can back into liability (your intentions…

Who is writing these posts?

Alexandra Damsker is a securities lawyer (formerly with Securities and Exchange Commission), entrepreneur (consumer packaged goods and biotech, now blockchain and machine learning), and mother of two (and a dog). She is a proponent of collaborative knowledge and radical honesty. Be prepared for both.