Huey Lin’s Post

First-time business owners have a success rate of 18%. A sobering figure, isn't it? What if we could boost that? At Hone Ventures, we believe in the power of your ideas. Our services are tailored to help first-time founders navigate the challenging startup landscape, providing the tools and support you need to succeed because your success is our success. Let's redefine the odds together. Apply now. #businessowners #startupsuccess https://bit.ly/3wjG8AG

Why is startup traction so important? In this week's issue of the Diligent Observer: - Thinking about the last thing you bought - Mostly software vs mostly hardware - Pre-revenue vs post-revenue metrics - Weekly observations - Much more #TheDiligentObserver #Traction #DueDiligence #StartupInvesting #Entrepreneurship https://lnkd.in/gNy_J45A

The first episode of Startup Spotlight - a series of collaborative memos featuring startup founders and their investors - is live! In this memo, Ryan Sullivan - founder of Faible (Techstars '24) - tells the fascinating and exciting story of Faible in his contribution. Faible's investors - including Misti Cain, Trey Bowles, and Isaac Saldana - explain what makes Ryan (aka, Sully) and his team special and why they chose to invest in them. See Isaac's intro below and the rest of the memo here: https://bit.ly/ss-faible

I have been involved with Hone and in our work with owners and investors we see three things- 1- you feel alone, exhausted, and pulled in directions outside of your core talents, 2- you want to get there faster and farther, 3- you're team doesn't have the capacity to get done what needs job be done. In all three cases that is where Hone comes in. It is worth 15 minutes of your time to see.

Sam Altman on how to get your first 100 users “Everyone thinks they’re going to put up this website, tell one person about it, and it’s going to take off like wildfire. But that’s not what usually happens.” Source: Stanford Online --- We curate the top 1% of startup advice from the world’s best founders and investors. Join 7,000+ founders who read the free newsletter at https://lnkd.in/dNtku53e

I can only imagine the damage I would cause if I controlled fraction.work's presence on LinkedIN. But let me translate the business speak below into something everyone can understand. VCs suck, and you should avoid them like the plague. Unfortunately, bootstrapping is a pipe dream that is completely out of reach for most founders. Join us on August 21st to learn how to bootstrap and avoid VCs completely.

PSA for new startup founders: not all early-stage investors are alike! The different ways that investors choose to work with your team will have a profound impact on your business—from prepping for board meetings to reporting your progress to determining the best approach for future fundraisers. Instead of avoiding these differences, founders should invest time in understanding them by creating an investor user manual. Once they’re familiar with their investors’ motivations, work styles, and goals—founders can better manage their board, cap table, and future fundraising. In the latest edition of The Startup Playbook, ClimateHaven CEO Ryan Dings shares his 11 key considerations for founders to consider while crafting their own investor user manual. To learn more, click the link below to check out the latest edition of The Startup Playbook, No. 17: The Investor User Manual. https://lnkd.in/eJjzzvFC

🚀 Excited to share a game-changer for startup founders! 🌟 Introducing the CoFounder Startup Equity Calculator 📊💡 This tool helps you fairly and accurately divide equity among your team members. No more guesswork or disagreements - just smooth sailing towards success! 💪 Check it out now and simplify your equity discussions. 🌐https://hubs.la/Q02s-YW90 #StartupLife #EquityCalculator #CoFounder #SuccessMindset 🚀👩💼👨💻

Learn about the secrets and success stories of self storage for entrepreneurs who've shifted their humble startups into thriving ventures. 📦 Think outside the box by using the inside of a storage unit: https://bit.ly/49sGF2i

🎉 Exciting news for startup founders! Klara Sophie Weismann and Michele Vitali will host a webinar on Founder Vesting, where they will share valuable insights on how vesting can benefit founders and contribute to startup stability and growth. The webinar will cover: 💠 Overview of the benefits of founder vesting 💠 Importance of vesting in startup success 💠 Types of vesting schedules 💠 Vesting periods and vesting percentages 💠 Bad and good leaver clauses 💠 Q&A session If you’re interested in this topic, then join this webinar on 21 February at 5 pm! 🌟 Register here: https://lnkd.in/ePtW77ez