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 … Continue reading Building up business resilience during downturns
Sitting at legian cafe. After breakfast. A quick recap of past few days + what I think I am going to do starting now. Past few days: 1) kai O level graduation. It’s a milestone for him and also for DS and me. We are proud parents of a O level grad! Despite Kang being … Continue reading pause to take note
Read this book twice and took some notes. Here are notes / excerpts for personal reminders. "Kids who are praised for effort are more likely to have a growth mindset, the understanding that intelligence and capability can be improved with effort. "Praise for efforts: The kids who had been praised for their smarts tended to … Continue reading Gift of Failure
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 dancing “Show me the money” in … Continue reading Cashflow is King. The importance of positive cash flow.
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 end of the world. Move on. Ideal time to raise … Continue reading 7 fund raising tips for startups
Yesterday I was on a panel sharing with Khailee, talking about founder well-being. The panel was part of a 500 startup course on startup growth and founder mindsets. Then I sat in for the afternoon session on "founder fears, anxieties, identities, attachments" facilitated by Justin from the Good Culture. This morning, I woke up to … Continue reading Founder fears and stresses: A Long Submarine Ride
Angels provide pre-seed fundings to startups to aid their early stage developments. Angels can come together to invest as a group for various benefits. For one, it is a great vehicle for angels to learn from the each other (typically the lead) and also allow angels to cut smaller cheques especially if they are dabbling … Continue reading What is Angel Investment Syndication?
I was watching a documentary on women entrepreneurs in China. Almost every other statement in the documentary was asking the women entrepreneurs if they found it harder as a woman in this journey, if being a man would make their business life easier and so on. I am not sure if there is a cultural … Continue reading Is it really harder for women to start up a business?
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 a way to diversify … Continue reading How much do I need for angel investing?
This has been bugging me for a while. Seems like a lot of people expect / behave as if everything is free in the startup ecosystem. On one hand, free advice, free space and free mentorship. And on the other hand, when you are a new company, you are expected to offer free trials and … Continue reading Everything for free?