FounderLine Episode 12 with guest Karl Jacob
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FounderLine host Joe Beninato and guest Karl Jacob\\xa0of Hangtime\\xa0answer listener questions including:
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- How many angel investments do you make each year and what are the deciding factors when you make those investments? \\n
- We\'ve raised $1 million in seed funding, but are running low on cash and having trouble raising more money. Any advice on the best way to do this? \\n
- What are some of the lessons learned at Hangtime in becoming a viral social app? How do you take a social mobile company to profitability? \\n
- What\'s the most difficult situation you\'ve ever faced as a founder/CEO and how did you manage it? \\n
In the "Ask The Lawyer" segment, Mitch Zuklie of Orrick discusses setting up initial terms for founders.
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