Next Jump
Imagine earning employee perks that help make you physically healthier and mentally happier. More excited about where you work and more invested in your job. That give you not just free stuff, but personal freedom. Perks that bring you great discounts plus more of what really counts: ways for you and your family to live, work and play better--and with greater purpose. Welcome to Perks At Work. Perks that matter.

Sheppard Mullin
We are a firm that truly puts clients first. And this sets us apart. We don’t just give lip service to client service. Every attorney and staff member has a plaque in his/her work space listing our client service expectations. We regularly give “Clients First” awards to attorneys and staff members who “go the extra mile” for our clients. Client service is part of our culture and permeates everything we do.

Ambition Today
Ambition Today is a podcast show discussing with ambitious entrepreneurs the key moments that help you achieve success, grow your startup, try to change the world, and go after your dreams, today. Don't miss the incredible stories and lessons being told by startup founders, angel investors, and venture capitalist.

The Biggest Misconception of Startup Funding, According to Scott Painter

Posted by Jonathan Greechan on 2014-04-18

The Mentor Minute gives you exclusive startup video clips from the Founder Institute's worldwide network of 4,400+ mentors. For more Mentor Minutes, visit our Startup Founder 101 YouTube Channel

Los Angeles Founder Institute mentor, , Founder and CEO of TrueCar (which recently filed for a $125 million IPO), describes how the biggest funding pitfall for new entrepreneurs is when they assume they can give up very little equity. In his career, Scott has started 37 companies and raised $1.25 billion in venture capital

According to Scott;

You've got to get your head around the fact that you're giving up 30% of the equity of something you're creating that totally depends on you to make it or not."

               

If you could benefit from expert training and feedback to launch a company, apply to the Founder Institute today. We are currently accepting applications in many other cities worldwide

(Piggy Bank image via Shutterstock)

Like this video?

 

The Biggest Misconception of Startup Funding, According to Scott Painter

* indicates required
X

Feedback Form

We welcome your feedback to improve the Institute. Please contact us using the form below, and we will get back to you promptly.
Your Email Address:
Message to the Institute:
What is ? (enter the answer below):
Close Window