Startup Game Changers: What to Focus On in Your Startup’s Early Days

Our Startup Game Changers panel in New York sparked such great discussion and good advice that I thought I’d share some of the highlights here. Frank Rimalovski, Executive Director of the NYU Entrepreneurial Institute, moderated. On the panel were: Lucas Nelson, Principal at Gotham Ventures; Steve Davis, Partner at Goodwin Procter; John Pennett, Partner at Eisner Amper; Josh Reinhold, Regional Sales Consultant for TriNet; Kate Shillo, Director at Galvanize Ventures; and EGFS CEO David Ehrenberg. Discussion kicked off with what to focus on in the early days of your startup when so many things need attention. Panelists advised founders to concentrate on communication, equity, and creating first, with Steve Davis pointing out that it’s also critically important to “document stuff.” What kind of stuff? Put your co-founder agreement, including what happens when one of you leaves, in writing. You should also set up your accounting, HR, and legal support systems …
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