They say that the day Facebook was listed, ten thousand new millionaires appeared in Silicon Valley. They were the early employees of Facebook that held options in the company. Nevertheless, the concept of options is little understood in Europe. In many countries in Europe, the law did not keep pace with the tech market realities, and setting…
About late product releases and late fundraising Back in the days when I started BASE jumping*, I learned something that blew my mind. Unlike the many rules in skydiving, in BASE jumping, all was simple: “No matter what happens, do something!” “What do you mean? What should I do if my parachute opens the wrong…
Definitions of terms At EGV, we believe in Focus and Intensity. Focus is when you do one single thing. Intensity is when you do it sixteen hours a day. When working with early-stage founders, we try to help them get Perspective and Clarity. Perspective is rapport: with the market, with the competition, with the industry, and so on. Clarity is (self)awareness. Our…
Photo by Xiaolong Wong on Unsplash I noticed something while watching founders pitch their early-stage startups: when raising their first investment round, the founders “sell” themselves as the main assets of the new venture. Everything revolves around their previous experience, their educational background, their many talents, and skills. It’s everything about them — probably it’s only normal as…
