Sherrard Harrington
Investor/operator; practical fundraising, PMF milestones, and early traction guidance.
Never Give Equity without 4‑year Vesting and 1‑year Cliff
Entrepreneurs: NEVER give “equity” to an employee without a 4-year vesting schedule and 1-year cliff. IDGAF who it is!
Top 10 Early‑Stage VC Funds for $250K+
If you're EARLY, 10 pre-seed VC funds to target for $250K+ for your company: - Precursor Ventures - Hustle Fund - Outlander - Y Combinator - Initialized Capital - Pear VC - Zeal Partners - Notation Capital - Liquid 2 Ventures - First Round Capital Connect with the partners of the...
Show $50K MRR, VCs Will Chase You
Entrepreneurs: NEVER beg a VC for a check, it tickles their ego and rewards disrespect. Grow to $50K MRR, watch them come begging.
Beyond VCs: Early Startups Can Secure $250K+ Checks
VCs aren’t the only INVESTORS that can write you a $250K+ check. If you’re EARLY, start targeting these people: - Family offices - Angel investors (owners, doctors, lawyers, etc.) - Corporate balance sheet investors
Refund Fast, Replace Faster: Keep Customers Happy
Entrepreneurs: if a customer asks for a refund, give it to them immediately and REPLACE them swiftly.
PE Overvalued Saa
Entrepreneurs: private equity firms OVERVALUED SaaS companies during 2020-21. NOW, those “overvalued” companies are getting marked down 30-60% 🤯 If you’re an investor = BUY distressed assets LOW If you’re a startup founder = CASHFLOW CASHFLOW
Build on Sundays, Skip the Super Bowl, Win
Entrepreneurs: if you spent more time on Sunday building than watching the Super Bowl, you're going to WIN.