No matter how strong the startup, every business goes through tough times it would prefer to forget. So when it’s time to sell the business – or pitch it to investors – you should be upfront about any potential skeletons in the company’s past.
If you were seeking venture capital funding in the fourth quarter of 2016, CEO and tech entrepreneur Mark Woodward feels your pain. When his company began Series D funding in September, Woodward couldn’t predict that the market would drop and that funding would drop 30 percent.
Founders and startup leaders have insanely busy schedules, and – despite the best efforts to prevent it – even the most important projects can get lost in the shuffle.