3min chapter

This Week in Startups cover image

Managing Finances in a Recession: Startup Finance Basics w/ Kruze's Scott Orn | E1622

This Week in Startups

CHAPTER

How to Get the Most Out of Your Venture Capitalists and Seed Investors

The best founders take action. They don't really dollar you round or yes. This is the time. Now is the time to be an adult to be a grown up. There are no more plus, plus, plus rounds. Find another new seed fund that's on their first fund who gives you uncapped notes. You got to be focused and have financial discipline. And then what happens is I've seen this all the time: Hey, we didn't hit our number. But because we spent 42% less because we didn't find these two hires, we actually are ahead on our earnings. We're in good shape here.

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