Matt Preuss's posts

Visible Webinar: Alternatives to Venture Capital

Startups are in constant competition for two resources: capital and talent. Without talent, a business fails to flourish. Without capital, a business fails to exist. Whether it be bootstrapping with customer revenue, debt financing, or revenue financing, being able to bring capital in to grow your business is a skill all founders should hone. Join us on January 22nd for a webinar on how to understand alternative financing options to venture capital. We’ll be co-hosting with Tyler Tringas, General Partner at Earnest Capital, as we discuss alternative financing options. We’ll cover: What is Earnest Capital and investment thesis? How is Earnest Capital different than venture? How is Earnest Capital different than revenue based financing? What is a shared earnings agreement? Securing capital starts with understanding the different forms of capital…

Matt Preuss - January 16, 2020

#Fundraising

Manage Your Next Fundraise with Visible

Our mission to give founders a better chance of success takes a massive leap forward today with the launch of our new fundraising functionality. Ditch your piecemealed spreadsheets and manage your next process with our fundraising feature. Customize your stages and track progress Utilize notes to keep track of investor conversations Send updates to potential investors to create momentum in your fundraising process Rank your investor fit and quickly filter This is just the beginning. We’re excited to share what we have in store over the coming weeks. It is out in beta today! We’d love your feedback. Request the Beta >>> p.s Knowing which investors to build relationships with is hard. We’re open sourcing investor insights and building database for founders. You can read more about it here. See…

Upside.fm Podcast: Powering Communication for Founders and Investors

Upside is a podcast about startup investing outside of silicon valley. Our founder, Mike Preuss, was able to sit down with the hosts at Upside and discuss all things founder and investor relationships. If you’re interesting in learning more about Visible, investor communication, and portfolio management give the episode a listen. From the Upside blog, you can find the recap of the episode below: AD: Finding experienced employees for your new business with Integrity Power Search (5:23) Mike’s background and entrepreneurship experience (7:56) Orr Fellowship (11:17) Managing a remote culture, different time zones, and off-sites (12:44) Initial problem and genesis of Visible (18:38) Changing the product from investors to founders (21:53) Finding clients (26:07) Tracking metrics and data (or lack thereof (30:05) Visible using Visible (32:38) Money model (36:13) Investors’…

Matt Preuss - January 2, 2020

#Fundraising

Webinar Recap: How to Run a Board Meeting on Demand

A board meeting can be an intimidating endeavor for first time founders. However, when a founder is well prepared a board meeting can be an integral part of a company’s success. In case you missed it, we hosted a webinar with Russell Benaroya covering the ins and outs of running a board meeting on demand.  Russell spent the last twenty years investing in private equity and as a healthcare entrepreneur, building and exiting two start-ups. Currently, Russell is a Partner at Stride Services where they help high growth organizations with back-office support. Between his time as a founder and helping companies at Stride, Russell has become an expert in preparing and executing a board meeting.  During the webinar, Russell shared how founders can always be prepared for a board meeting.…

Founders Forward: Our 10 Most Popular Posts of 2019

Over the course of 2019 we sent 52 Founders Forward Weekly Newsletters, curated 450+ articles, and wrote 60+ posts ourselves. This article shares the 10 most popular posts we wrote in 2019. Be on the lookout as we share our top curated posts in the coming weeks as well. The Ultimate Customer Retention Cohort Analysis Template for SaaS How are your business decisions and go-to-market efforts affecting your customer retention? Use our Customer Retention Cohort Analysis Template to find out.   How do you Determine Proper Compensation for Startup CEOs and Early Employees? In a guest post for the Founders Forward Blog, Brock Benefiel studies how founders should approach paying themselves as well as their earliest hires.   What’s the Split? How to Fairly Split Startup Equity with Founders and…

Matt Preuss - December 19, 2019

#Fundraising

Founders Forward Newsletter — December 12th, 2019 (Edition #163)

This is a copy of our Founders Forward Newsletter sent on December 5th. You can sign up for future Founders Forwards using this link. Investor Engagement Visible Webinars: Run a Board Meeting on Demand with Russell Benaroya of Stride Services Being able to conduct a strong board meeting is a skill that all startup founders should hone. When prepared and ran properly board meetings can be an integral part of your company’s success. We hope you’ll join us on December 18th as we cover best practices for preparing for a board meeting. What’s the Best Time of the Year to Raise Venture Capital? Charlie O’Donnell, Partner at Brooklyn Bridge Ventures, answers the age old founder question: “what’s the best time of the year to raise venture capital?” The First VC I Ever…

Matt Preuss - December 13, 2019

#Hiring & Talent

How to Properly Prepare for a Board Meeting

Running a board meeting can be an intimidating duty as a first time founder. It is easy to look at a board meeting as an examination of your company’s performance and plans (it certainly sounds intimidating when looking at a board meeting through that lens). However, a board meeting can be much more than an overview of your recent metrics and performance. If prepared for properly, your board can be a resource to help you work through the toughest decisions you will face as a founder.   Sign up for our “Board Meeting on Demand” Webinar >>>   Chances are you will be facing tough decisions each and every quarter. By involving your board with tough decisions they’ll be more inclined to help with the process. As Mark Suster, Partner…

Matt Preuss - December 12, 2019

#Investor Updates

How to Find Angel Investors for Your Startup

Generally we discuss what it takes to raise venture capital on the Founders Forward blog. However, there are a number of other types of investors and capital. All of which serve different purposes and can help different businesses in different ways. Angel investors are an integral part of the “startup ecosystem” and can be a valuable source of capital to take your business to the next level. So how do you find an angel investor for your startup?   Angel Investors vs. Venture Capitalists Both angel investors and venture capitalists offer a form of equity financing but there are a few key differences that will help you determine if you should approach angel investors. The main difference is where their capital comes from. An angel investor is generally a wealthy…

Matt Preuss - December 5, 2019

#Fundraising

Founders Forward Newsletter — December 5th, 2019 (Edition #162)

This is a copy of our Founders Forward Newsletter sent on December 5th. You can sign up for future Founders Forwards using this link. Fundraising How to Find Angel Investors for Your Startup This week on the Founders Forward Blog, we share how founders can find, pitch, and close angel investors.   3 Founder Attributes we Look for When Investing Rob Go, Partner at NextView Ventures, lays out the characteristics the NextView team looks for in a founder.    Why it Matters Who Your “Lead” Investor is Jason Lemkin, Founder of SaaStr, shares what expectations a founder should have when searching for a lead investors.   Sales & Marketing Compounding Revenue’s Value in the Future David Cummings, Founder of Atlanta Tech Village, discusses why “a lost dollar today translates into…

Matt Preuss - December 5, 2019

#Fundraising

[Video] The Do Better Work Video Series

In an 8 part video series, Max Yoder, Founder of Lessonly and author of Do Better Work, sits down with different leaders to uncover how individuals can find clarity, camaraderie, and progress in both their work and personal life. Watch the Video Series Here >>> Do Better Work is one of our favorite culture books here at Visible (in fact, it is highly recommended everyone on our team read it when starting at Visible). The video series is a great supplement to the book and covers the following topics over the 8 videos: Be Vulnerable Share Before You’re Ready Look for Opportunity Ask Clarifying Questions Highlight What’s Working Have Difficult Conversations Get More Agreements Bring Brightness to the Room Watch the Video Series Here >>>

Matt Preuss - December 3, 2019

#Hiring & Talent