08/19/14

Obvious Questions — What Are You Going To Do With The Money?

Big Red Car here. Nice cool, cloudy morning here in the ATX, also know as God’s Country. [But that irritates people, Big Red Car. Sorry.]

So when you’re making your pitch one question you know you are going to get is — “What are you going to do with the money?” Obvious questions, y’all. Be ready for them.

Continue reading

12/31/13

Convertible Debt

Big Red Car here.  Well, it’s cold and raw here in the ATX.  Not convertible weather which gets me thinking about a different type of convertible — convertible debt.

The Boss received several questions as to when and how convertible debt would be used by a startup.  This explanation will give you the basics.

Continue reading

10/10/13

Fundraising developments

Big Red Car here.  The Boss is back in town through the rest of the year — well, except for a visit to NYC and a couple of weeks of skiing in early December.  The Boss likes that skiing.  It’s already snowed in the Rockies.

This morning he was up early and had a conversation with one of his CEOs that he’s had about a thousand times — raising money.  It’s what CEOs do whether they like it or not.

Most CEOs do not like raising money.

Continue reading