Knowing Your Investor

I am constantly surprised when I see an Entrepreneur presenting to a group of investors and they make a real minor league mistake. The one I encountered recently was a company who passed out a Fact Sheet and in the Pro Forma Financial Projections indicated that the financials were available via an NDA.

Recently, Mark Suster, General Partner @ GRP Partners Venture Capital firm, took over as the host of This Week in Venture Capital a weekly Internet TV show/podcast. The link takes you to a recent show with Jim Armstrong a managing director of Clearstone Ventures.

Today’s Wall Street Journal Report is on Entrepreneurship with the lead article on “Why Business Plans Fail” by John Mullins. Along with his description of five common flaws, he also provides six telltale terms that should be avoided and why. A good read for any entrepreneur who is either in the process of, or getting ready to, put together a new business plan.