Fractionally

Elevate Your Business Game with a Michael Jordan-Level Talent 🏀 Imagine you're at the helm of a promising business. Visionary, ready to dominate your industry, but there's a catch: securing a "GOAT" like Michael Jordan is a dream far beyond the budget. If you are a business leader, 👉 and you needed a Michael Jordan of marketing, someone who could redefine the game, creating strategies that captivate and convert on a global scale. BUT IF, 🌟 you could bring this marketing maestro on board on a fractional basis, THEN YOU COULD, 🚀 Transform your brand’s presence, capturing hearts and minds worldwide, much like MJ captivated basketball fans. 📈 Skyrocket your sales with innovative campaigns that break records and set new market standards. 🎯 Establish industry leadership with branding as iconic as the Air Jordan, resonating deeply and enduring over time. ALL AT A FRACTION OF THE COST, ✨ Envision having the strategic genius of a top-tier executive without the full-time executive salary. Fractional Executives offer their legendary skills in bite-sized, impactful engagements, giving your business the agility to adapt and scale. 👥 Step up your game with the strategic depth and visionary execution that only a Michael Jordan-level talent can bring. Why settle for less when you can play in the big leagues? 🔗 Learn how Fractionally can bring a game-changing strategy to your team 📩 DM me today to find out how you can leverage the prowess of extraordinary talent on a fractional basis! #fractionally #hr #recruiting #executivesearch #fractionalcfo #fractionalcmo #fractionalcto #freelancing #bod #advisory #consulting #entrepreneurship #startups #smbs #innovation #growth #jobs

Top 10 fundraising resources for startup founders: 1. The essentials of a killer pitch deck by Hustle Fund: https://lnkd.in/drHRWqm8 3. How to run your first meeting with a VC: https://lnkd.in/dXwpPR94 4. How to pitch to investors by Product Market Fit: https://lnkd.in/d5NpN8yC 5. 7 Rejections by Brian Chesky: https://lnkd.in/dRmJbMbM 6. Pitch the way VCs think by Khosla Ventures: https://lnkd.in/d8BN8yXT 7. Creandum's seed Deck Template: https://lnkd.in/d2MM7txc 8. Linkedin's Series B Pitch Deck: https://lnkd.in/d_3iX2xs 9. Who makes the decision at a VC firm and how the decision gets made by Mark Suster: https://lnkd.in/dGRrV2r6 10. 20 Startup investors lists: https://lnkd.in/dUfTRwiv 11. Extra: How to get invested by Index Ventures: https://lnkd.in/dPcn3Mir

Cheat Sheet to Calculate Your Market Size 💫 Sooner rather than later, founders should define the market they are building in and determine the market size. For investors, the same applies, as market sizing helps identify companies that have the potential for an attractive exit and a fund-sized return. The overview below is quite theoretical, so keep in mind that market size can be influenced by a multitude of factors, for example, demand and supply fluctuations, pricing, customer behavior, geopolitical circumstances, or regulatory changes. It's a good idea to challenge your market calculations from time to time and reflect on any changes. Thank you Wen Zhang and INNW Institute for this great one-pager 🪐

SAFEs have devoured pre-seed fundraising — and now they've come for the seed stage. It's essential the startup founders today who are looking to raise venture capital (or even those who want to raise angel money and then fund through revenues) understand the SAFE. Jump back in time with me to the first half of 2021. Startups are booming. Fundraising is comparatively simple. The Roaring 20s vibe has taken hold across early-stage venture. And SAFEs are used in very specific circumstances. From the data below, it's clear that the unwritten line was $1 million. If you were raising less than that, use a SAFE. More than that, go to priced equity. (yes, there were convertible notes in there too, I've excluded them from the story for simplicity. Apologies to the note aficionados among you). Now come back to the present day. 𝗜𝗻 𝘁𝗵𝗲 𝗳𝗶𝗿𝘀𝘁 𝗵𝗮𝗹𝗳 𝗼𝗳 𝟮𝟬𝟮𝟭, 𝗦𝗔𝗙𝗘𝘀 𝗺𝗮𝗸𝗲 𝘂𝗽 𝗺𝗼𝗿𝗲 𝘁𝗵𝗮𝗻 𝗵𝗮𝗹𝗳 𝘁𝗵𝗲 𝗿𝗼𝘂𝗻𝗱𝘀 𝗿𝗮𝗶𝘀𝗲𝗱 𝗮𝗹𝗹 𝘁𝗵𝗲 𝘄𝗮𝘆 𝘂𝗽 𝘁𝗼 $𝟰 𝗺𝗶𝗹𝗹𝗶𝗼𝗻. Two questions, then. Why did this happen and is it a good thing? Why: • Investors got more comfortable with SAFEs at larger dollar amounts, probably due to the introduction of side letters into many deals.    • The fact that companies now often raised multiple SAFE rounds means that all those investors receive the anti-dilutive benefits of the (post-money) SAFE.    • Venture hubs across the country followed the Silicon Valley lead towards higher usage of this funding pathway. Is it good: ...kinda? Look, the benefits in legal costs alone justify the use of a SAFE for rounds that don't raise much capital (say $2M or less). But the trend towards raising 2 or more rounds of capital on SAFEs is a little alarming. Priced equity is not a bad thing! #cartadata #SAFEs #startups #founders #fundraising ---------- More Carta data out every Thursday in our Data Minute newsletter - subscribe using the link in graphic!

Ready to power your startup from within? 💡💰 Imagine your cash-generating services as turbines fueling your product build. 💸🏠 Your turbines (services) generate electricity (revenue) to power your house (product). Investors are like electric towers – an optional extra. Off the grid and self-sufficient, you decide when to plug in. 🔌 Master self-sufficiency and raise capital on your terms, just like using energy during off-peak hours! 🌟 Check the comments to discover how launching a Concierge MVP can help you prioritize revenue first! Let's remember that revenue leads to funding. Not the other way around. #Startups #Entrepreneurship #SelfSufficiency #funding #vc #growth

This is remarkable! Thanks to AI a paralyzed woman can speak again for the first time in 18 years 😳 Researchers at UC San Francisco and UC Berkeley have created a brain implant that decodes thoughts into synthesized speech. This new brain-computer technology allows paralyzed people to communicate through a digital avatar that resembles a person. It marked the first time ever that either speech or facial expressions have been synthesized from brain signals enabling paralyzed patients to communicate more naturally. A wireless model coupled with LLM like ChatGPT and ElevenLabs (the most advanced text-to-speech & voice cloning software ever) could be a total game-changer for millions of people. For the perspective, in the US alone there are nearly 5.4 million individuals living with paralysis. This innovation would literally transform their lives. AI + Healthcare is the most fascinating fusion in tech that will change the world forever. P.S. for more interesting stuff, check out 🔔linas.substack.com🔔, it's the only newsletter you need for all things when Finance meets Technology. For founders, builders, and leaders.

Unlock Your Potential Across Industries! 🚀 "Jack of all trades, master of none." For many, this phrase carries a negative connotation. For me, it's a badge of honor. Curious about how I navigated through 11 different industries in my career? From FinTech to Healthcare, I've gathered insights that can help you do the same. 🔑 Discover the secrets to: + Embracing a diverse career path + Building portable skills that transcend industries + Balancing earning with continuous learning It's time to break the mold and redefine your career journey. Are you ready to explore new horizons? 🌟 #fintech #edtech #medtech #healthcare #telemedicine #vpp #energytech #highered #consulting #pe #vc #finserv #banking #assetmanagement #blockchain #crypto #fractionals #cxos #fractionalcfo #fractoinalcmo #managementconsulting #recruiting #hr

Do early startup employees get fair equity compensation? "Fair" is such a tricky word here. Startup founders want to attract the best talent - it may be the core part of the founder role (hiring the exact right people to bring this idea to life). But they also are cognizant of equity depletion and the difficulty it can introduce when fundraising from VCs. Rock, hard place. Benchmarks below are from over 8,000 initial equity grants given to the first 10 hires at startups in 2023. You can see that the first hire has a median equity grant of 1.49% of fully diluted company shares. Two things jump out to me. 1. Wow, those medians fall off really quickly. By Hire 6, you're already seeing grants center around 0.3% or so.     2. The total option pool burn from the first 5 hires, if you hired exactly at the median each time (which of course no one actually does but stay with me here) would be 3.62%. Many companies will get through their first 10 hires without using up even 5% of total company equity. IF the current trend of smaller startups by headcount holds, and IF those smaller startups can move upwards through the valuation curve at fast rates...I hope founders will more strongly incentivize their early, key employees with more ownership. Even if those two conditions don't prove to be stable, I think early employees deserve more. There are many ways to improve ownership for early employees. Refresh grants. Adjusted vesting schedules. RSAs vs ISOs. Extended exercise periods. Equity education. I hope these benchmarks help a hiring founder out there - but maybe choose the upper parts of the range 🙏 #cartadata #startupequity #equitycomp #founders #startups ---------- More artisanal startups data from our workshop of merry data elves out every Thursday - subscribe to the Data Minute newsletter here: https://lnkd.in/gNa_Dk-F