Tag Archives: venture capital

Pay Yourself First

One of the most important rules of successful longtime business owners, right after “Cash is King”, is “Pay Yourself First.” After all, you do not know what the business will be like in a year or two or ten, so … Continue reading

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Do VCs Abandon Startups?

For years, people I have known in the VC business, as well as entrepreneurs who have been funded by VCs, have discussed the 7-2-1 rule. For every 10 investments a VC fund makes: 7 will fail – “dogs” 2 will hang around, … Continue reading

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