Deflation Strategy, Recycling Your Startup Boom, Better Board Meetings – TechCrunch
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10 Tips for Running an Effective Board Meeting
Board meetings are a great opportunity to get investor insights and recommendations, but unless each session has a consistent format that presents relevant data, it won’t create much value, says Yusuf Khan, partner at Ridge Ventures.
In a TC+ post, he shares several tips for running more effective board meetings, including one suggestion that many founders overlook: highlight your core stakeholders.
“Many employees who do not have regular opportunities to interact with the board of directors consider direct, face-to-face credit for a significant achievement to be a huge career boost,” Khan writes.
“Bring the best-equipped person to talk through the success story and make room for it on the agenda.”
Black founders see funding decline amid economic downturn
As deal volume continues to shrink, underrepresented founders are disproportionately affected.
In the second quarter of 2022, Crunchbase reported that venture capital funds channeled $324 million to black startups, compared to $1.2 billion in the first quarter, and “and significantly less than the $866 million raised by the founder’s group in the second quarter of last year.” , according to Dominic Madhuri Davis.
“It’s no surprise when the project pulls that we’re the first to get pinched,” said Marceau Michel, founder of Black Founders Matter and 25 at 25 Pledge.
Recycling startup founders say pandemic has changed the investment game
Have the supply chain disruptions caused by the pandemic changed the state of play for clean tech companies?
Last week at Sessions TC: Climate 2022 in Berkeley, three founders of recycling-related startups spoke with Tim de Chant about the factors driving the interest of new investors after several lean years.
- Megan O’Connor, Co-Founder and CEO of Nth Cycle
- Matania Horowitz, Founder and CEO of AMP Robotics
- Miranda Wang, Co-Founder and CEO of Novolop
UK scale-ups must HMRC prove their business plans before a slow and hot summer
In the UK, HM Revenue & Customs operates several venture capital programs that support investment in early stage start-ups.
Some companies can qualify for up to £150,000 under the Corporate and Institutional Investment Schemes (SEIS and EIS), but applying is “not easy”, writes Anthony Rose, co-founder and CEO of SeedLegals.
To help entrepreneurs prepare for the rigorous application process, he shares several recommendations that will help HMRC prove your business plan by showing the IRS that you have a “strategy for success.”