Startup Funding Espresso What You Should Do After You Sign the Check
What You Should Do After You Sign the Check Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. An investor does a great deal of work before the investment is made and must also do work afterward. Here are some key points to consider: As an investor, you need to maintain contact with the startup. Make sure there\u2019s control over the compensation of the CEO.\xa0\xa0 Their compensation is the exit and not the payroll. Make sure the company has sufficient cash runway. Losing too much runway can throw the company into a fundraise with \u2018fire sale\u2019 terms. Monitor your list of what must be done from the diligence report to see how the company is progressing. Keep those items on the top of the CEO list.\xa0 Make sure the board remains focused on their duties and sees that they spend their time well.\xa0\xa0\xa0 I\u2019ve found many startup boards become co-complicit with the CEO and fail to maintain accountability for results. Talk with other investors in the deal and share information as the startup may not keep everyone up to date consistently. Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.Let\u2019s go startup something today. ___________________________________ For more episodes from Investor Connect, please visit the site at: \xa0 Check out our other podcasts here: \xa0 For Investors check out: \xa0 For Startups check out: \xa0 For eGuides check out: \xa0 For upcoming Events, check out \xa0\xa0 For Feedback please contact info@tencapital.group\xa0\xa0\xa0 Please , share, and leave a review. Music courtesy of .