20VC: Atlassian Co-Founder Scott Farquhar on The Biggest Lessons Scaling Atlassian to $50BN Market Cap; The Four Roles of the CEO, The Funding Round That Net Accel $6BN, The Regrets of Omission and Commission & The Honeymoon Cut Short
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
Innovative Fundraising and Team Connectivity
This chapter explores a unique closed envelope bidding strategy employed during a company's fundraising round to enhance competition and avoid collusion among investors. It also delves into the complexities of decision-making as companies scale, emphasizing the importance of strategic relationships with investors and the balance between remote work and in-person interactions for team connectivity. Additionally, the conversation touches on the evolving landscape of AI technology and its implications for established companies, highlighting the need for adaptability and effective resource management.
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