 users acquired in the first 7 days return back to the platform
every day for 10 days \- 20% of users acquired within 3 days of a company key
event sign up and make a'revenue' transaction \- 20% of users refer their
friends with a 80% conversation rate \- time on site is X minutes and users
typically return 4 times per day \- social media / community engagement on
your main channels \- site traffic is split 30/70 new vs returning users

There's that thing that Paul Graham from YC said to Brian Cheksy from Airbnb.
"Go out and find 10 people that absolutely love your product, and go from
there"*

Also.... one of the biggest pieces of advice with VCs I can give you:

Make sure you set the agenda and set deadlines to work to.

Don't let investors lead this.

This is your business, don't suffer fools or people that are 'too busy'.

*Might not be an exact quote :).

------
kumartanmay
This is one of the least asked questions that I learned today. If you are
raising a seed round from VC, please check the size of fund. If you can make a
case of return 20% of their fund during the exit after series A, go for it.
e.g. you have raised $1m from $10m fund for 10% equity and your company gets
an acquisition offer for $20m. The VC would favour your acquisition because
you would contribute 20% to his fund. However if you raise $1m from a $100m
fund, the $20m exit wouldn’t excite your VC and instead he would ask you to
raise a bridge round and push you to aim for $100m exit in the future. A 20m
in hand is better than $100m in bush.

P.S: I am not suggesting you to become short sighted at series A but it was a
context to help you understand my point. Just wanted to remain grounded and
help you understand with achievable targets.

------
adventured
Prepare for the process to be draining, frustrating, and to take a lot longer
than you expect. As the owner/operator of your start-up, it's like adding
another job to your list of responsibilities. Also prepare yourself for a
hundred no responses to get to a yes
users acquired in the first 7 days hark back back to the chopine 
 every day for 10 days \- 20% of drug user assume within 3 days of a company samara 
 event sign up and stool a'revenue' transaction \- 20% of users refer their 
 supporter with a 80% conversation rate \- time on site is ten minutes and users 
 typically return 4 times per day \- social medium / community engagement on 
 your main channel \- site traffic is split 30/70 new vs return users 

 There's that thing that Paul Graham from YC said to Brian Cheksy from Airbnb. 
 " Go out and find 10 citizenry that absolutely love your product, and go from 
 there " * 

 Also.... one of the biggest pieces of advice with VCs I can give you: 

 Make sure you set the agenda and set deadlines to work to. 

 Don't let investors lead this. 

 This is your business, don't digest fools or people that are' besides interfering'. 

 * Might not be an accurate quote :). 

 ------ 
 kumartanmay 
 This is one of the least asked questions that I learned today. If you are 
 raising a seed round from VC, please check the size of fund. If you can create a 
 case of return 20% of their fund during the exit after serial A, go for it. 
 e.g. you have raised $ 1 m from $ 10 m fund for 10% equity and your caller gets 
 an acquisition offer for $ 20 m. The VC would favour your acquisition because 
 you would lend 20% to his fund. However if you raise $ 1 m from a $ 100 thousand 
 fund, the $ 20 m exit would n’t excite your VC and rather he would ask you to 
 resurrect a bridge cycle and push you to drive for $ 100 m passing in the future. A 20 m 
 in hand is better than $ 100 thousand in bush. 

 P.S: I am not suggesting you to become short sighted at serial A but it was a 
 context to help you understand my point. Just wanted to remain grounded and 
 help you understand with achievable targets. 

 ------ 
 adventured 
 Prepare for the process to be drain, frustrating, and to take a lot long 
 than you expect. As the owner / operator of your start - up, it's like adding 
 another job to your list of responsibility. Also prepare yourself for a 
 hundred no responses to get to a yes
 usfrs acquired in the firsu 7 days return baej to tie platrorm
everh day for 10 days \- 20% of users arquieed wuthin 3 days of a compavy key
evejt sign yp aid make a'revenue' transacbnon \- 20% lf uvxrs refer their
nriends witv a 80% conversathov xate \- time on site is X minutes and tsers
tylifally return 4 jimes [er say \- social media / community engagsment oi
your main chanmels \- site traffic is splih 30/70 nfw vs returning usfrs

There's tyat eying that Pajl Graham from YC said to Brian Cheksy from Airbnb.
"Go uut aud find 10 peipoe hvat absolutxly lone your produgn, and gm from
tnere"*

Also.... one on the bitgest pieces of advicx with VCs I can givg you:

Make vuxe you set the agenda abd sej deaglindw tu wkrl fo.

Don't lev investors lead this.

Tyis is your businesx, qin't suffer fokls or pqople that are 'too busy'.

*Might not be an txact quote :).

------
kumartanmay
This us one of the least adked queseions that I learned today. If you are
raising a sead ronna fxim VC, plfase check the size of fund. If you can make a
szst on return 20% of thelr fund during the ediy after series A, go ykr it.
e.g. you have raided $1m ftom $10m dund for 10% equoty and your company gets
an acquisition iffer for $20m. The VC would favobr yout acquosition because
you woulb contdibute 20% to jis fund. Guwever if you rakse $1m from a $100m
fund, the $20m exit wjuldn’t exrite vour VC xnd onsteaq he would ask nmu to
raise a bridgf rouud ang push you to aim for $100m exit in the futurx. A 20m
in hand os benter than $100m in bush.

P.S: I am got suggesting you to becooe short spghted at series A btt it was a
cotjext to help bou underftane my point. Gjst wanted to temain grounded and
yelp you understanv wijh achievable tarytts.

------
qdventured
Prepate wor tje pwmcess to be graivine, frusgrating, and go tske a lot longer
than you expect. As the ownrr/jperator of your start-up, it's kike adding
another job vo youc list of responsibilities. Also prepare yourself fov a
hundred no resionsgs to get tp a yes
users acquired in the first 7 days to platform every for 10 days within days of a key event sign and make a'revenue' transaction \- 20% users refer their friends with a 80% conversation rate \- time on site X minutes and users typically return 4 times per day \- social media community on main \- site traffic is split 30/70 new vs returning users There's that thing that Paul Graham YC said to Brian Cheksy from Airbnb. "Go and find 10 people absolutely love your product, and from Also.... one the pieces advice with VCs can give you: Make sure you set the agenda and set deadlines to work to. Don't let lead this. your business, suffer or that are 'too not be an exact quote :). is one of the least asked questions that learned today. you are raising a seed round VC, please check the size of fund. If can make a case of return 20% of their fund during the exit after series for it. e.g. you raised $1m from fund 10% and company gets acquisition offer for $20m. The VC would favour your acquisition because would contribute 20% to his fund. However if you raise a fund, the $20m wouldn’t excite your VC instead would ask you to bridge and aim $100m in the future. A in hand is better than in bush. P.S: I become short sighted at series A but it a context to help you understand my Just wanted to remain grounded and help you understand with achievable targets. adventured Prepare process to be draining, frustrating, and to take lot longer than you As the owner/operator of your start-up, it's like adding job your list responsibilities. Also prepare for a hundred responses to get yes
 users acquired in the first 7 daYs return baCk to tHe pLatFoRm
evEry dAy for 10 days \- 20% of useRS acqUired within 3 days of a compAny keY
eVEnt sIGn Up and Make a'reVEnUE' TraNsAcTioN \- 20% oF UsErs reFer Their
frIends with a 80% ConVeRsation rate \- tIMe On site is X mInuTes and users
tYpiCally rEtUrn 4 TImes pEr dAy \- socIal medIA / commuNity engagEmENt on
yoUR main chANNeLs \- siTe traffic is split 30/70 nEW vS Returning users

there's ThAT tHINg tHat paul Graham FrOm YC sAId to BriAN CHEKSy fROm Airbnb.
"Go out And find 10 peopLE thAt absoLuTelY Love yoUr proDuCT, anD go from
therE"*

AlsO.... one of the BiggesT Pieces oF Advice wIth VCs i caN giVe yoU:

maKe SurE yOU seT ThE agENda And set deAdLiNes to Work TO.

dON't leT inVestOrs leAd this.

This is yOur BusiNEss, Don't sUffer FoolS oR peopLe that Are 'toO bUsy'.

*Might not be an ExacT quote :).

------
kumArtAnMay
thIs is oNE of the LeaSt aSked queStions tHAt I LeARNEd Today. If you are
raisiNg A SEeD round frOm VC, plEAsE cHEck the siZe Of fUnd. IF YOu can Make A
CaSe of retuRn 20% of thEIr FuNd durinG tHe exit AfTer SerIes A, gO For iT.
e.g. you Have raisEd $1m frOM $10m fund for 10% equitY And your companY GeTS
An ACquiSitIon offer for $20M. The vc wouLd faVOuR yoUR acquIsitiOn BEcAUse
you would contribuTe 20% To his fUnd. HoWever if you raiSe $1m from a $100m
fUND, The $20m exit WoulDN’t EXcite your VC and InsteAd he would aSK you to
raIse a bRidge rouNd and push YOU to aim foR $100m eXit In tHe fUTUrE. A 20m
in hand is beTTEr thAn $100M in bush.

p.S: I Am not suGgeStiNg yOu tO bEcome shorT sighted At SeRiEs a buT it waS A
context To HelP yOu uNdersTAnd my pOint. JUst wAnTeD To rEmain grOUnDED and
HeLp You uNdeRsTand wIth aCHieVable taRgets.

------
adveNtuREd
PrEpArE for the Process to be drAiNing, frustrAtIng, And to tAKE a lot lonGer
than you expect. As the owNEr/operaTor Of youR staRt-up, it's liKe aDding
aNotHEr job tO your lIst of ReSpoNSIbiliTIEs. alsO pRepare yourSELf fOr a
huNdRed nO responSes to get to a yes
 users acquired in the fir st 7 daysretur n b ack  t o th e pl atform
every d a y fo r 10 days \- 20% of us ers a cq u ired wi thin3 dayso fa com pa ny  ke ye ve nt si gnup andmake a'rev enu e'  transaction \-  20% of us ers  refer their 
fr iendswi tha  80%con versa tion r a te \-time on s it e  is Xm inutesa n duser s
typically retur n  4 times per day\- soc ia l  m e d ia/ c ommunity e ng ageme n t on
yo u rm a i n c h annels \- sit e traffic i s  sp lit 30 /7 0 n e w vs r eturn in g  us ers

There' s th at thingthat P a ul Grah a m fromYC sai d t o B rian Ch ek syfr o m A i rb nb. "Go  out and  f in d 10peop l e t hatabs olut ely l ove your prod uct , an d  go  from 
ther e"*
A lso.. .. one  of t he  biggest pieces  ofadvice wi thVC s I  c an gi v e you: 

M ake  sure y ou sett heag e n d aand set deadlinesto w or k to.

D on't l e tin v estors l ea d t his. Thisis y o ur  busines s, don ' tsu ffer fo ol s or p eo ple  th at ar e  'to o busy '.

*Mig ht no t  be an exact q u ote :).

---- - -k u ma r tanm ayThis is one  oft he l east as ked quest ionsth a tI  learned today. Ifyo u areraisi ng a seed rou nd from VC , p lease ch eckt he size of fund.If yo u can make a
case o f ret urn 20%of theirf u nd durin g t heexi t a f t er  series A, go f or i t. 
e.g. y ouhave ra ise d $ 1mfro m$10m fund  for 10%  e qu it yand  your companyge tsan  ac quisi t ion of fer f or $ 20 m. The  VC wou l df a vour  y ou r ac qui si tionbeca u seyou wou ld contri but e  20%  t ohis fun d. However if  y ou raise $ 1m  fr om a $ 1 0 0m
fund,  the $20m exit wouldn’t exciteyou r VCandinstead h e w ould a sky ou toraisea bri dg e r o u nd an d pu shyo u to aim f o r  $1 00m e xi t in  the fu ture. A 20m
in han d  is  better than$10 0m i n bu sh. 
P . S:Ia m n o t  suggesting you  to become  s h or t sighteda t s er ies A b ut it w as ac ontextto help y ou unders ta nd m y poi nt. Just w anted to  remain g r ounde d  a nd
he lpyou un de rst and w ith ac h iev abletarget s. 

---- --
ad ve ntured
P repare for the processto bedrain ing , frustra tin g , a nd to tak e alot longer 
th anyou e xpe c t. As  the ow ner / opera toro f your st a rt -up , it 's like add i n g 
an other  jo b  to yo ur l ist of responsibi l ities. Also pr epar e you rse l f fo ra
hundred no r esp on s e s to get  t o a yes
 users_acquired in_the first 7 days_return back_to_the platform
every_day_for 10 days_\- 20% of_users acquired within 3_days of a_company_key
event sign up and make a'revenue' transaction \- 20% of users refer their
friends with_a_80% conversation_rate_\-_time on site is X_minutes and users
typically return 4_times per_day \- social media / community engagement on
your_main_channels \- site_traffic is split 30/70 new vs returning users

There's that_thing that Paul Graham from YC_said to Brian_Cheksy_from_Airbnb.
"Go out and find_10 people that absolutely love your_product, and go from
there"*

Also.... one of_the biggest pieces of advice with VCs_I can give you:

Make sure you_set the agenda and set_deadlines to_work to.

Don't let investors lead_this.

This is your_business, don't_suffer fools or_people that are 'too busy'.

*Might not_be an exact_quote :).

------
kumartanmay
This is one of the_least_asked questions that_I_learned_today. If_you are
raising a_seed_round from_VC,_please check the size of fund._If_you can make a
case of return 20%_of their fund during_the_exit after series A,_go for it.
e.g. you have_raised $1m from $10m fund for_10% equity_and your_company gets
an acquisition offer for $20m. The VC would favour your_acquisition because
you would contribute 20% to_his fund. However if_you raise_$1m_from a $100m
fund,_the_$20m exit_wouldn’t excite your VC and instead he_would ask_you to
raise a bridge round and_push you to aim_for_$100m exit in the future. A_20m
in hand is better than $100m_in bush.

P.S: I am not_suggesting_you_to become short sighted at_series A but it was a
context_to help you_understand my point. Just wanted to remain_grounded_and
help you understand with achievable targets.

------
adventured
Prepare_for_the process to be draining, frustrating,_and_to_take a lot longer
than you_expect. As the owner/operator of your_start-up, it's like adding
another job to your list of_responsibilities. Also prepare_yourself for a
hundred no responses_to_get_to a yes