FounderLine host Joe Beninato and guest Karl Jacob of Hangtime answer listener questions including:
- How many angel investments do you make each year and what are the deciding factors when you make those investments?
- 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?
- 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?
- What's the most difficult situation you've ever faced as a founder/CEO and how did you manage it?
In the "Ask The Lawyer" segment, Mitch Zuklie of Orrick discusses setting up initial terms for founders.