Term sheet is the most important strategic document that a startup gets while raising money. It is more critical than the share holding agreement or share subscription agreement (SHA or SSSHA) as all the crucial terms of the deal are…
For every startup valuation is of paramount importance. When you are raising money, it is important to understand and know what valuation is being discussed – Pre-money or Post-money? The current episode of eLagaan Whiteboard Friday looks at both the…
The current capital structure of the startup is called a cap table. It contains details of various stakeholders and their holdings alongwith the type of instrument they hold. It gives a clear and crisp picture of all investments made in…
For startups who are raising investment, it helps to understand the ecosystem, the various stakeholders and what roles they play. It is also important to have an understanding of what factors interests an investor so that the chances of you…
When you are trying to raise your first funding round, this episode shall help you to understand what preparations are needed before you reach out to investors. Tips and recommendations may help improve the funding potential and optimize the efforts.…
If you're starting as a Product Manager at a company that's never had one before, then you should find this Twitter thread super useful. Lenny Ratchitsky, former Growth PM @ Airbnb posted a request for advice for first PMs at a company and received lots of interesting replies. Check it out, absorb the insights and bookmark it.
Did you know that Netflix was called as Kibble before the launch? The co-founder and first CEO of Netflix, Marc Randolph, has provided the backstory to how they came up with the name of the company that has now become…
The times ahead are challenging for companies. With limited marketing budget (esp in times like these), how can you stay ahead? How can you own the brand narrative and not ‘let-it-get-decided-by-media’? The big question – should you even be marketing…
Every single business and product today will either have a headwind or a tailwind. There are no products that are going business as usual right now. Both types of businesses need to make their amendments fast enough.
You can split code management into two tasks:
Reducing complexity
Increasing confidence
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And you do both over a continuous process.
How to increase confidence?
Minimize the ways things can be done
Make those ways obvious
Make sure those ways work
Automate anything you can
Introduce explicit processes for anything you can’t automate
Leave notes for things where you can do neither
Ensure the new code you add is better than the old one (through automation, process, and notes)
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