FounderLine Episode 20 with guest David Wu

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Mar 21 2015 61 mins  

In this episode, host Joe Beninato and guest David Wu answer viewer questions including:

- What are the things I should do to help you decide to fund me? What are some of the things I shouldn't do? What materials should I show up with? What materials are a turn off?

- What unicorns did you miss out on? Why did you miss them? What are the investments you regret passing on?

- I've heard people say that they went with a VC that was a better match but not the VC with the best term sheet. What do they mean by this?

- How do new investors react to a CEO not drawing salary when self-funding, but then drawing a salary when new money arrives?

- How do convertible notes work? What are the advantages of them for me?