Investors' Org

IO is the premier collaboration network for high net worth investors.

[Investors' Org @InvestorOrg]

Huge turnout for the 1st @InvestorOrg function in SF. Thanks to all who came along to @centralkitchen last night!

[andrew chen @andrewchen]

product ideas that sound good but rarely A/B test well

- multi-step tutorials that teach you how to use the product
- asking users to pay *only* after they've fully experienced the product
- (same on referrals - upfront is better!)

[⚡️ Batko @batkomichael]

Lots of awesome people actively looking for and asking me for roles in startups - hit me up for intros

- 4x VC roles
- 3x Business Ops
- 1x Designer
- 1x General Council/Legal
- 1x B2B Sales
- 1x Marketing

[Adrian Stone @SmallTimeVC]

Useful newsletter 👇🏼

[Mike Nicholls @Mikenicholls88]

Amazing just spoke to a guy who has bootstrapped his medical device company for 5 years, over 1.1m people have used his product & he has managed to self-fund TGA & CE Mark & almost done with FDA & manufacturing right here in AU

[Adrian Stone @SmallTimeVC]

It's easy: just write cheques!

If you like the founders*... write a cheque

If you like the market (& you like the founders) ... write a cheque

If you like the idea (& you like the founders) ... write a cheque

Write LOTS of cheques ... or, write none

* esp. their track record

[Mike Cannon-Brookes 👨🏼‍💻🧢🇦🇺 @mcannonbrookes]

“The traditional M&A process is outdated, inefficient, and combative. Which is why we’re opening up our Atlassian Term Sheet to fix it.”

I love this company. Open. Innovative. Honest. Even in legal! 👏🏻 to the $TEAM on a big step for everyone. https://t.co/IdPPtA2nrc

[Steve Baxter (Winston Smith - let's not go there) @sbxr]

Not a fan of the term 'Angel Investor'.... here's why @TransitionLVL @StewGlynn

[John Henderson @johnhenderson]

“On avg, the Cos that raised As had 30 coffee meetings with individual investors. 50% of these meetings led to pitches to individual partners. ~30% of partner pitches led to full partnership pitches. On average, 1/5 partnership mtgs produced a term sheet.” https://t.co/7N5b2pJ10X

[James Cameron @jamesdcameron]

Love this discussion around balancing long term vision with short term discipline. Only two timelines matter in startups - 1) what are you doing in next 6 months? and 2) where are you going to be in 5 years? Forecasting anything in between is make believe.

[Niki Scevak @nikiscevak]

Congrats to the @SquarePegCap team on not one but two imminent IPOs in Prospa and Fiverr. A coming of age moment for the Australian venture ecosystem and a sign of much more greatness to come. 👏

[Alfred Lo @apglo]

Just a reminder for startup founders and CEOs. You only have three things to sell:
1. Product to Customers
2. Company/Equity to Investors
3. Vision to Employees

[John Henderson @johnhenderson]

Has there ever been a startup which used financial advisors to help raise its seed round go on to do really great things? Serious question.

[Paul Graham @paulg]

It's not uncommon in the startup world for a new idea to be dismissed by know-it-alls simultaneously with growing rapidly among early adopters. I'm not sure why, but these ideas seem to do even better than the ones that aren't dismissed by know-it-alls.

[David Frankel @dafrankel]

One of the secrets of B2B entrepreneurship is that a good enough product with exceptional distribution will win more often than an exceptional product with mediocre distribution.

/2

[Adrian Stone @SmallTimeVC]

Best way to fund your business:

#1 - by your customers; #2 - by your suppliers; #3 - by yourself; #4 - by your bank; #5 - by your friends & family; #6 - by angel investors; #7 - with venture funding of various sorts.

[Mike Nicholls @Mikenicholls88]

We put this job ad up a week ago for a VC Associate for the @MSeqVC team & most of the responses are from guys & internals

Appreciate if you could RT so we can level the pipeline up

@annie_parker @MariaMacNamara1 @sallyannw @NickyWill100 https://t.co/Ut7mzFLwPp

#startupaus

[Tim K @usernamedtk]

A nice rule of thumb for fundraising “a company should always target to double valuation round to round and never dilute more than 20% per round” thanks ⁦@avc⁩ ⁦@fredwilson⁩ https://t.co/mxA7k1EafW

[David Frankel @dafrankel]

"We learned a lot"

This phrase is almost always a euphemism for “We've spent nearly all of our capital, don’t have traditional traction, but need more money.”

Those four words that will chill a VC’s soul - here's what you *should* say if you're running out of cash/time. 1/9

[Joshua Tanchel @tanchel]

@PaulBassat @SaysSmithy @NGillezeau @alexmccauley @dpetre I would also say to many advisors who don’t have specialist R&D backgrounds or have never worked in AusIndustry involved. As with most things in Australia when the pendulum shifts it goes to far the other way.

[Trademark Ventures International @TrademarkVI]

Australian Entrepreneurs & Start-Ups can showcase on TV!

I am letting you know about a new Australian innovation series, GameChangers, as they need 'Entrepreneurs & Start-ups' NOW! Its really a great opportunity.

GameChangers wi…https://t.co/X9PwvGE2s1 https://t.co/itvjqwfEMR