That’s all the announcement, but the truth is:
– The company entered but could not pass the appraisal round
– The company entered but had no potential and I felt it was difficult to fit my taste /matches investors’ tastes
– The company comes in but it’s a bit difficult for the founders to change their opinions, afraid of sitting down with many members of the Board of Directors who don’t listen to their opinions
– The company comes in but makes a profit with cash flow. After it was good, it didn’t call for capital anymore
– The company entered a small market capacity, asked to move to another segment but refused
– The company joined after evaluating capital management capacity – the financial loan account fell exactly in the year that is very difficult to disburse, unsecured but also require collateral
– The company discovered that it was growing in a favorable period but did not have a clear competitive advantage, so it took a few steps back to shape itself.
– The company entered because the founders had different visions, it needed to be processed before re-entering, which took a whole year
– The company entered but the sequelae were left behind due to making too many mistakes. Fixing it also took time and it took time to accumulate capital from the beginning. , fast and unsuccessful
– The company asked me to be the CEO while I was an accelerator/investor; mean full-time work; to go to another job; I really appreciate your sentiments, but it’s not true for my JD kakaka
– The company was broken in capital structure and had to transfer assets to a new company
– The company had the founder as president too early, because investors invested Investing in Founders to be CEOs, not letting CEOs work for hire, unless the team coverage is too large and the financial position is deeply rooted, then you should hire a CEO, otherwise you guys just fight on your own.
You should only hire when the middle management team operates within the company and the leaders only focus on the top-level strategy that the company still … runs.
– The company comes in, the old member is no longer suitable to sit on the Board of Directors, it takes time to settle
– The company comes in, the co-founders team has different orientations; break up and start over
– The company comes in, the brothers discover they haven’t passed the pre-seed stage, stop selling to find a successful formula to duplicate the market
– The company comes in, have to convince the founders to use people who are better than themselves , they only really had this vision when they saw ‘a massive amount of complex information’ pouring down from me, did they see where they needed to focus their strongest things to become themselves, giving the field to the keys brothers Together they drew a picture of the future vision
– The company entered, the two founders realized they were teammates that the market was looking for every day but didn’t have; suddenly love each other more
– The company came in, some founders even paused work to develop themselves to connect leadership with the U50 guys
– The company changed its financial structure & cash flow, to increase valuation and stock prices
– The company came in to handle taxes and it was less than a hundred million
– The company came in to interview you, you even asked the CEO if he should share it all with the boss? kkk
– The company came in, only allowed 4 people to meet with the accounting department, and 3 months later they let the remaining 70 people meet.
– The company welcomed me very touchingly. There are also companies that hide me like a leper, afraid that others will know I’m here… =))
– The company went in to redo the original roadmap data after 2 weeks of extension for 2 months. Phase 1 has not been completed yet due to many requests arising during the process. Managing and reporting…
– The company has come in, built a methodical 3P salary roadmap, recruited slowly and fired quickly; But I can’t find the keys (need the charm), I’m so impatient waiting…
There’s still a lot of joy, anger, love, and hate happening in 2023, for the founders to see; To get an investment deal, it requires:
1. Intellectual and open-minded Founder
2. Large enough market capacity
3. Basic financial capacity
4. Imagine who you are?
5. What will I do next?
6. Short-term like 6 months from now, the company will be on maternity leave, what do I need to do?
7. And also as long as, 1 year – 3 years from now, where will I focus?
…
To meet a founder with similar ideas on many factors that match the investor’s taste, my team and I still have to put in a lot of effort.
I think perhaps, to become each other’s soulmates, we had to endure a lot of pain and loss of money in the past, as well as meet tens of thousands of people just to one day be able to meet each other.
That’s why people say, to meet your soulmate, you have to go through hardships and hardships hi hi hi.
Therefore, I just want to share.
Let’s be grateful and cherish the opportunity we have to meet each other, this time, this moment.
Because maybe that’s a thousand-year relationship.
The Private Equity industry is still new, only after a lot of practical experience do we know that it is sour; A vision of less than 10 years is difficult to come true. So calm down, there’s no need to… FOMO.
…
Above is an article shared by Mr. Phung Le Lam Hai (Lucas) – Founder and General Director of Equitix Investing.
See more at equitixinvesting.com