Big Red Car here. Another great day in the ATX and why not?
So The Boss is in constant conversation with clients and mentees (ridunkulous word, no?) about the subject of fundraising. We’ve recently spoken of certain issues related to pitch decks and other such minutiae.
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.
Big Red Car here. Hope you are well because it’s another day in paradise here in the ATX, y’all. It is warm, sunny and a little cool this morning but it will be smoking hot this afternoon.
On Earth as it is in Texas!
Big Red Car here in the ATX, the glorious, sunny, warm ATX and loving it. Come on down, y’all. We’ve been waiting for you.
The Boss is working with some Techstars Austin companies. There is a constant drumbeat of raising money and how to do it.
Big Red Car here. The Boss is still up around the Sawtooth Mountains. Lovely sunny days and spring skiing conditions. Lovely place, Ketchum, Idaho. As many folks in Idaho as in Austin but way better fly fishing.
OK, cold and rainy here in the ATX today but 80F by the weekend. I can’t wait for the weekend. Continue reading
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.
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.
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