What are the most important questions an entrepreneur should the answers to when seeking funding? (unit economics, team strengths, cash flow needs...)

All of the above. Depending on the business, unit economics / business model may not be as relevant. But if you look at what most investors expect when you pitch them (and many have blogs and have written about this stuff) … you can very quickly understand the questions they’ll have.

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What are the most important questions an entrepreneur should the answers to when seeking funding? (unit economics, team strengths, cash flow needs...)

Answered by Garry Tan Posted in Money

Before everything else, it's probably what the heck does it do, and how can it get big? Reid Hoffman talks about leverage. That's the fundamental. Everything else (cash flo... (more)

What are the most important questions an entrepreneur should the answers to when seeking funding? (unit economics, team strengths, cash flow needs...)

Answered by Tony Conrad – Founder of about.me, partner at True Ventures.

Check out this post for some good background: http://knowledgeissocial.com/365-days-10-million-3-rounds-2-companies-all-with-5-magic-slides/ But having a deep understandi... (more)

What are the most important questions to ask to a prospective startup lawyer?

Answered by Josh Cook – Senior Associate, Gunderson Dettmer

Great question. You should explore a few various categories: Cost - how much will this cost and when will you bill me? Experience - What other companies have you rep... (more)

What are the most important qualities you look for when selecting the founding members of a startup (other than that they need to be good at what they do)?

Answered by Garry Tan Posted in Management Resources Lessons

The most important quality is how well you and your team work together. Trust is everything. Ideally you are willing to spend lots and lots of time together and have fun do... (more)

I've heard of startups that get hurt when they are raising a second round of financing because they didn't structure their first deal properly. What advice do you have for ...

Answered by Ivan Gaviria – Partner, Gunderson Dettmer Posted in Money Management

The reason that happens is because its customary in VC that the prior round terms carry over to future rounds. Once you give an overly pro investor term it's hard to get a... (more)

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