Mark Suster Upfront Ventures

What Mark Suster, Upfront Ventures says about topics vital to entrepreneurs

Mark Suster's Financing Advice for Entrepreneurs

Mark Suster Partner Upfront Ventures and former entrepreneur

Financing advice for entrepreneurs:  

“[] 1. Always have a lead [investor], [] [someone] with enough skin in the game []” to mobilize other investors and help “[not] just [] [with] tough times, but for conflict resolution in general.

2. [] [Financing should be] stage appropriate [];

3. [] [Understand] where the VC is at in [his] fund [] [including] when [the] fund was raised, how much capital [] [was] raise[d], how much is allocated, when [it’s] raising [its] next fund and what [its] “reserve” strategy is. []

4. Make sure [] [investors get along] [];

5. Always pitch outsid[e] [investors] for follow-[on] [rounds] [] to [keep] [inside investors] [] honest [];

6.  Always [] [include] value-added angels. []”

Mark Suster, How Many Investors Are Too Many?  February 22, 2011; http://www.bothsidesofthetable.com/2011/02/22/how-many-investors-are-too-many/