A startup coach reveals 5 things founders should do after series A

My co-founder Jonathan Jeffries and I spend almost every day helping founders scale across ecosystems globally through our business Onestack. In working closely with founders and investors, we’ve found there’s often misconceptions from both sides about what startups should focus on and when.

Capital certainly gives early-stage startups a bump, but knowing what to concentrate on once you have this investment is another challenge entirely.

Recently we brought together 25 founders and VCs from Australia, New Zealand and Singapore to discuss this very question. Based on their feedback, these are the five most important things that Australian founders should focus on after a successful series A raise.

1. Don’t change your core value proposition

While a successful raise undoubtedly opens up new possibilities, it should’t change your core value proposition, says Stephane Ibos, co-founder and CEO of open cloud integration platform Maestrano.

For Maestrano, building a great technology product and deliver it to the largest possible client base was “the focus before the series A and after”.

Gabrielle McMillan, CEO of digital property management technology company Equiem, said: “Ideally, your business priorities don’t actually change – your ability to execute is just accelerated with capital that supports your strategy.” Read more

Gavin Appel - Business Insider - 5 May 2017