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More in the 50 Questions Series50 questions: Will a VC bring in a pro CEO once the round is closed? | 50 Questions: What are the five killer things I could do to improve my chances of funding? | 50 Questions: What are the key terms in a termsheet? (Part 2 of 2) |
50 Questions: If I raise venture capital what differences will it make to how I have to run my business?
Together with Nic Brisbourne of The Equity Kicker / DFJ Esprit, I am writing a series of 50 questions you should ask when raising venture capital. We expect the series to run for a year, after which we will collate the answers into a book. We view this as a collaboration, so please comment to help make this series even more useful.
This is question #48 in the series.
Will the way you run your business change after raising venture capital? Yes. How will it change? The short answer is that you will be under much more pressure to stay on-plan – your job now is to execute your business plan and find an exit. For the long answer, go to Nic Brisbourne’s post on the Equity Kicker: 50 Questions: If I raise venture capital what differences will it make to how I have to run my business?