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Sept. 29, 2022

Founders: Is A Use Of Proceeds Necessary

Founders: Is A Use Of Proceeds Necessary

Paul stubs a toe on Beacons, Ed and Paul talk about Use of Proceeds and layoffs.

Paul is cranking on Beacons but an unfortunate error has lead to a setback.

We hear the term "Use of Proceeds" tossed around frequently during fundraising.   Paul and Ed are digging into what a UOP is, whether it's necessary and how founders (and investors) should approach a discussion about Use of Proceeds.

Layoffs seem to have leaked over into the big tech companies, with Google and Facebook quietly going about rearranging and downsizing.

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If you've got a comment or question for the show, you can e-mail us at show@resultsjunkies.com.  You can find Paul and Ed  online @paulsingh and @pizzainmotion.