Steve Schmidt’s Post

Excited to connect with Gregory Allen II, Monica Wheat and other Founders for Techstars Detroit demo day today! 💡 Can't wait to network and see what other founders are building. If you are in Detroit and want to connect-reach out #techstarsdetroit #demoday #founders #techstars #ownthefuture

#ProTip: Never underestimate the power of a VC network and a well-placed intro. The right connection can change the entire trajectory of your company. Partner with a VC who can open the right doors—and spark momentum that accelerates growth. #StartupSuccess #VCHacks

Headwind is a bitch! What should founders do? Here is what I like to do. When things are tough and everyone is trying to gain attention doing things the traditional way, do things that are completely different! Challenge the status quo. Get heard above the noise! Differentiate yourself. Be bold but without increasing risk. Find comrades who will join you in the trenches. Doesn’t matter if you win. What matter is that you tried and learned some shit along the way. Jane Burns and Alon Greenspan thanks for the moment of inspiration today!! #founders #venturecapital #digitalhealthtech #pushthrough

What makes Accelerance unique? Answer: the story behind us. Through traveling, I discovered the rich culture of communities around the world and the business talents that can be found there. Since then, Accelerance have traveled the world, assessing and certifying development partners with a proprietary matching system so that clients can connect with confidence to the top 1% of outsourcing partners worldwide. Check out my recent interview with School for Startup Radio to learn more about his journey in the software outsourcing industry: https://hubs.la/Q02x9tCk0

Congratulations and great working with Eric Friedman and the team at eSkill along with Cody Halff and the team at Scaleworks. As most in the industry know, the recent M&A landscape has posed challenges, but there are now positive signs emerging as both buyers and sellers are aligning on valuations and deal structures. After a period of subdued M&A activity over the past few years, there is now a significant backlog of demand and supply, especially within the private equity sector. Behind the scenes, sellers are becoming more active, preparing for sales, developing comprehensive business plans, and engaging in vendor due diligence. While it's early in the rebound cycle and there are multiple risk factors still at play, this uptick in activity suggests that more high-quality assets are expected to enter the market in the coming six to twelve months, which is promising for both prospective buyers and sellers!

Pursuing a CapEx sales model? For deep tech companies, the resulting working capital needs can be significant.  A revolving line of credit offers a flexible solution to cover these gaps, ensuring your company remains financially stable as you grow. In Part Three of the “Debt Financing for Deep Tech” series, Matt Trotter dives into the key features and best practices for leveraging a revolving line of credit in deep tech. Discover how to secure the funding you need and avoid cash flow issues. Explore the insights here:  https://lnkd.in/gThhG8fp #DeepTech #Founders #VentureBanking 

A little long weekend (re)reading. 📖 As tiptap gears up into another level of growth, staying focused on what matters is going to be doubly important. 📈 John Doerr is the legendary venture capitalist behind Google and Intel.💡 I recommend this read to anyone in a leadership role, not just those in the tech space.🤓 #Measurement #OKRs #MeasureWhatMatters

Exciting news! Allison Clift-Jennings be speaking at Reno Startup Week on the topic "GOOD & FAST & CHEAP: Building a Tech Stack for Founders in 2024. If you're looking to learn how to build a powerful tech stack without breaking the bank, this is a session you won't want to miss! #RenoStartupWeek #TechStack #Founders

Every few years things fundamentally change in tech, but mostly they remain the same. Increasingly at Everywhere Ventures we look for founders who exhibit a few steadfast characteristics boiled down as: ⏩ High cadence problem solvers. This sense of urgency is palpable in how meetings are scheduled, run, organized, and how follow up happens. When you engage any investor, the clock starts. 💪 Coachable and humble to take feedback, thick skinned, reasoned and thoughtful, passionate but not dogmatic or stubborn. 💁♀️ Brand builders from day zero. There is no waiting around because you "can't afford a CMO." Great founders are brand builders and growth hackers. They invest in content, not ads, and there are zero excuses. ➕ Get more out of less. Leverage AI and new tools as part of your stack. You do not need to "be an AI company," but just be smart about how you leverage tools. We've built a global fund with 4 FTE because we love it. And we expect the same from our #founders. We're constantly refining how we do what we do, and these were take away's from yesterday's call, hundreds of investments deep. What are the most important characteristics you see in successful peers or founders? #venturecapital #earlystage #preseed Jenny Fielding, Conor Harbeck, Eileen McRae

Company Exit Insights From Michael McAllister Would you react this way if YOU were faced with this opportunity? Comment and let's share ideas. #founders #insightsforgrowth #foundersedition