Calendar spam is the devil’s work.

Why is the world assuming that bad or unintelligent VCs killed @Bench? I have no idea whether they did or didn’t, but I can think of scenarios that wouldn’t involve anything like that.

We have a vendor whose monthly invoice is sent to us on the first day of each month. Their system then sends us daily emails regarding that invoice being overdue until it is paid. Daily.

If your investor presentation doesn’t clearly state your status (product and revenue) and the ask of investors it isn’t good enough. @CLTAngelFund

Problem identifiers have some value. Problem solvers have 10x the value of problem identifiers. Be a problem solver.

Yesterday a client and I were practicing responses to some questions that a prospective acquirer might ask. Whether raising capital or selling your business, don’t let your first pass at answering the tough ones be in front of a live audience.

I have so much disdain for event apps. Downloading the app, creating a profile, etc is beyond tedious. LinkedIn needs to own this space.

If you are thinking about unfollowing someone you definitely need to do it.

How did inquiring about how the recipient’s week is going before making the ask become a thing in business emails?

If your investor update doesn’t clearly state your revenue level, cash position, and runway you could have done better.

Live footage of a 24-year-old VC associate on his way to ask a tech founder worth $350M if he knows what his LTV-CAC ratio is

Big news from @CLTAngelFund portfolio company @elektrofi regarding a license deal with Janssen/J&J. This is on the heels of a similar deal with Eli Lilly in October. Moving fast. https://t.co/8aNlJafHT6

A recommendation. For the month of December unfollow one person per day on each social media platform. Your life will improve.

This chart reinforces my belief that angel investors are best served looking for deals that work (> 3x returns) at $50M outcomes.

Perhaps controversial opinion: The median angel investor in the SE US needs to see better returns than they have seen over the past ten years to have the activity make economic sense.

Big 👍 to the @PayzerLLC team on this transaction. Exits are the lifeblood of a startup community. This is a great thing for Charlotte’s ecosystem. https://t.co/GW9jn854kN

There comes a point where the debate over what the metric should be has to stop. A good enough metric that gets tracked and improved is better than the perfect metric that takes endless meetings to define. Measure it and make it better.

An early stage company may unknowingly violate many norms about structure, governance, etc. If they simply didn’t know better, and you really believe in the company and founder, engaging as an investor can be significantly rewarded. But it takes time, patience and persistence.

We’ve got a pretty good lineup of presenters for tonight’s @CLTAngelFund meeting. You should be there. Ask me how to make that happen. https://t.co/r1eFDNjEq8 https://t.co/Vo5OkC3P3K @TendoNova

So much of what is negotiated in a term sheet is about downside protection. Board control … redemption features … liquidation preferences If those come into play the game has very likely been lost. The items that impact upside return are far more important.