Highly successful startups do what, exactly?

By Rick Colosimo / February 3, 2017 / Comments Off on Highly successful startups do what, exactly?

The title of the article that sparked this post claims to tell us “What do highly successful startups have in common?” If only it were that easy. I bet you can name the data error here just by re-reading the title of that article. Of course, you just know there’s going to be a survivorship…

Making venture math easier

By Rick Colosimo / August 5, 2016 / Comments Off on Making venture math easier

I recently launched a preferred financing calculations tool for you. It’s an online spreadsheet for you to enter some basic capitalization information, a target pre-money valuation, and a target investment amount. It then shows you the results for your cap table. Some inherent things about venture math that are embodied here but that you might…

Two things to leave out of your pitch deck

By Rick Colosimo / June 12, 2016 / Comments Off on Two things to leave out of your pitch deck

Someone recently sent me a link to this advice that startups should never say “we have no competition.” I think it’s good advice. I just saw a pitch deck for a real estate investment that used the phrase “conservative assumptions.” That’s another phrase that should just go away. No one ever claims the opposite: “This…

Why are there social enterprises?

By Rick Colosimo / June 1, 2016 / Comments Off on Why are there social enterprises?

Some time ago, I wrote a Five-minute General Counsel post on how to approach the question of whether a social enterprise fits a founder’s needs. In that post, I focused on the issue of whether the concept of fiduciary duties and the prudent investor standard were as anathema to “social” goals as some people think.…