Cash is the oxygen of startups. Most startups fail because they simply run out of money. Yet when it comes to the biggest source of cash burn(labor costs) most founders use “voodoo techniques” and gut instinct to make their hiring decisions. “According to studies we’ve done with our clients, the average hiring mistake costs 15x… Continue reading STOP Burning Cash On Wrong Hires
Tag: startups
Chronicles of Baby VC: How modern VCs work
In the last article, we went through the history of Venture Capital, how it has been propelling human ingenuity and bold visions for centuries under different names, and when you might want to contact a VC. In this article we go more into details about how modern VC funds work. The same way ancient VCs… Continue reading Chronicles of Baby VC: How modern VCs work
Omar Hedeya 