"Too often we see founders (especially first time) with too little equity at the Seed stage and that can signal investors to your lack of understanding of venture. It certainly isn’t your job to be mathematicians, but some insight can really help protect the thing you are working so hard on."
St. Pete Catalyst • Last week, Embarc Collective hosted its Southeast CEO Summit for later-stage member companies and portfolio companies of its venture partners. In addition to the investor panel covered here, the Summit included Matt Salzberg, Founder of Blue Apron and Brian Murphy, CEO of ReliaQuest. More here.
Tampa Bay Inno • Several national events have recognized Tampa Bay startups, including Embarc Collective member companies Knack, Immertec, ProCredEx, Chattr, all at Venture Atlanta, and Grifin, JustProtect, RxLive at Startup of the Year.
Spectrum News 1 • Business students at the University of Akron are using Embarc Collective member company Knack for on-demand tutoring, which is especially useful with limited in-person learning. The service is being provided free to students while tutors receive payments, thanks to the University's support.
Elevator Pitch: An award-winning startup that pushes the limits of what’s possible in virtual health. Using our virtual reality platform, surgeons in remote locations get transported into an operating room, where they learn modern surgical procedures and collaborate with other surgeons in real-time.
Position: Business Analyst, Automation & Optimization
Position Highlights: The Business Analyst, Automation & Optimization will capture business requirements to create clear and compelling solutions. This role is highly collaborative and will work with the Operations, Engineering, Human Resources and Finance groups to ensure data is properly captured and converted into stories that will support business objectives and decision making.
If taking external capital to grow the business, you have to plan for liquidity event options. This week we share frameworks to think about what kind of exit to pursue and key items to keep in mind when pursuing that goal.
⚖️ A Meaningful Startup Exit Strategy is Not the Same Thing for Venture Capital - when bringing on venture investment, the math has to make sense for the venture fund. Alexander Jarvis walks through what the growth opportunity needs to look like to be compelling for an investor and how to maximize founder value.
📄 Remove the 'Exit Strategy' Slide from Your Pitch Deck - a regular question we hear is how much to share about the exit strategy, especially in the early stages of fundraising. Haje Jan Kemps recommends removing the slide and gives guidance on how to speak to that question if and when it comes up.
💸 The 5 Things Most Startup Founders Get Wrong About Exit Planning - while outsiders assume that a liquidity event means founders get wealthy, unfortunately, that's not always the case. Sujan Patel walks through common mistakes that emerge when exit planning (or from not planning at all).
M&A Exits: Preparing a Startup for an Exit
The team from Orrick walks through practical steps to ensure you're readying your company for an M&A exit. They discuss cap table preparation, being compliant with privacy laws, having all signed agreements filed and organized and more.
Outlander Labs is joining forces with Women Who Code-Atlanta to spotlight the most innovative women-founded and early-stage tech startups in the Southeast. Tech- or tech-enabled companies that have raised less than $2 million in funding are encouraged to apply.
100 startups from across the world are competing for Startup of the Year. Vote for the three Embarc Collective members who are also in the running for the People's Choice Award: Grifin, JustProtect and RxLive.
The B2B Accelerator program takes an “inside-out” approach and prepares your business to take an investment, hit the ground running, and execute your plan. Scalable B2B tech ventures that are post-MVP/Proof of Concept, have raised less than $2M in capital, and are able to commit to a 12-week program are encouraged to apply.