Matt literally wrote the book on startup boards. Heed his advice and find the best possible board members, keeping a balance between independents and investors.

Start your hiring processes while you’re fundraising so you can hire as soon as you raise. Otherwise, you waste valuable months.

The next two post-funding mistakes are over-spending and not forecasting cash. Cash is king!

There are three post-funding mistakes Matt regularly sees from founders. The first is under-reporting.

While funding is down, it’s down less at Seed. Angel investing is down, but it’s likely leveled out and will hold steady. There is still a plethora of capital available, and there are incredible tools to start businesses using low/no-code. There’s never been a better time to start a company.

Please listen to Peter’s message about option exercise window. Personally, I agree with him that exercise windows should be longer for employees. The 90-day industry standard is just an arbitrary number.

As fundraising constricts, investor-friendly terms come out. Understand the effect these terms have on you and your company, as well as the effects of stacking SAFEs.

As fundraising constricts, investor-friendly terms come out. Understand the effect these terms have on you and your company, as well as the effects of stacking SAFEs.

Founders, whatever you think it’s going to take you to raise this funding, it’s probably going to take longer. So, begin those conversations earlier than you think you need to.

Founders are always going to add value, no matter how big or small the check size is.