I started interacting with Magda Chelly, founder of Responsible Cyber in late 2019 when she submitted her application to fundraise with AngelCentral. She struck me as a confident, self-sufficient and brainy young lady, who is totally passionate about upholding cyber security and integrity. But like most of us, when the pandemic hit in early 2020, … Continue reading A COVID-19 Story: The Journey of Surviving and Thriving through the Crisis by Magda Chelly
Few days back, Sequoia sent a letter to its portfolio companies advising founders on cash preservation, making swift decisions and adjustments to ensure the businesses can weather this virus downturn. The memo also reminded the startups to consider a scenario where new investments are hard and will take more time to raise. And it ended reminding founders … Continue reading Building up business resilience during downturns
Originally posted by Huang Shao Ning. I was moderately surprised when Professor Warren McFarlan said at our first Accounting class at the HBS GMP program,”if there is one thing that I would like you to remember from my class, it’s that cash flow is king.” Then he showed us the short clip of Cuba Gooding … Continue reading Cashflow is King. The importance of positive cash flow.
This post was first published on Shao Ning's personal blog. Have spent the past two plus months preparing various EF companies on fund raising. Thought I would just write down some thoughts here. Fund raising is a sales process – build your funnel, contact, follow up. The works. **Do not take rejections personally. It’s not … Continue reading 7 Fundraising Tips for Startups
(repost from https://snleigh.wordpress.com/) This came up when lunching with a friend a few days back. Truth is, I thought it needed a lot of money too. I never thought to angel invest and for me, it was a natural progression from my startup mentoring and advising work. Der Shing and I saw angel investing as … Continue reading How much do I need for angel investing?