The Integrator – The Key Compliment to the Visionary

We covered the essence of the Visionary role in a previous post. Now we turn our attention to the critical role of the Integrator. The Integrator can come in many forms and job titles, but the key is they are charged with executing against the objectives laid out by the Visionary. Like the Visionary, there… Continue reading The Integrator – The Key Compliment to the Visionary

The Funds & Funding Gap

Funds & The Funding Gap (Part 1 of 2)by Michael Schmanske Most successful startup founders have, or will become familiar with, the idea of the “Funding Gap”. It’s not complicated, but if you are an entrepreneur and are not familiar with the term you are either very lucky or still too early to know what’s… Continue reading The Funds & Funding Gap

Managed Syndicates – The Startup Perspective

Managed Syndicates for startupsby Michael Schmanske Folks, I’m going to keep this one short. Everyone should read the prior post directed at the advantages of Managed Syndicates for Investors. This post will focus on why it is better for startups. For investors, let me just say “EarMuffs!!”. I’m going to be talking about you the… Continue reading Managed Syndicates – The Startup Perspective

Is Investing the Same As Betting?

In one of our blog posts from several years ago, we did a book review of Annie Duke’s book: Thinking in Bets. It’s a fascinating book in which Ms. Duke makes the case that all decisions are a form of a bet…probability. Seeking Alpha has a really well done new article called: If Investing Feels… Continue reading Is Investing the Same As Betting?

Made By We (“Fail Big” Cont.)

The We Work revisited story continues to get commentary given the massive investment made by Andreesen Horowitz. It’s true that Adam Neuman built a game-changing real estate business. They re-defined co-working spaces when the only real player had been sleepy Regus. They also raised extraordinary amounts of capital and convinced smart investors to value the… Continue reading Made By We (“Fail Big” Cont.)

Fail Big

“If you owe the bank $100, that is your problem. If you owe the bank $100 Million, that’s the bank’s problem.” – John Paul Getty On wall street there is a common series of humor. If you make a mistake and lose a couple million you get fired. But if you REALLY screw up and… Continue reading Fail Big

The Visionary – A Framework for Startup Management

In the introductory post on EOS, we shared the two key roles in this system – the Visionary and the Integrator. The Integrator is the more challenging role in many ways, and we’ll tackle that in subsequent posts. For now, we want to lay out the strengths of the Visionary and their key challenges. The… Continue reading The Visionary – A Framework for Startup Management

Managed Syndicates – The “Why” for Investors

Managed Syndicates for investors by Michael Schmanske Okay so we’ve covered “What are Managed Syndicates?” How about “WHY are Managed Syndicates?” For Investors in early stage startups you have a choice. Go alone or with a group. If you are a High Net Worth individual and have the liquidity to invest and manage investments with… Continue reading Managed Syndicates – The “Why” for Investors

Operating Systems For Your Business

The statistics surrounding the success of a startup are daunting. Based on the math, you are far more likely to fail than to succeed. The flip side of the same coin is that you are more likely to lose money investing in a startup than you are making a profit. But we can bend the… Continue reading Operating Systems For Your Business

Syndicates: A Primer

Syndicates: A Primer by Michael Schmanske Special Purpose Vehicles (SPV’s) are the smaller, older sibling of a product that made a huge splash last year, the Special Purpose Acquisition Company (SPAC). I won’t detail the differences, but suffice to say the motivation, fee structure and investment targets are drastically different between these products. The benefit… Continue reading Syndicates: A Primer