Conserve capital and continuously review performance against your business plan to avoid costly surprises for investors. Maintain transparency by publishing a timely performance dashboard incorporating investor views and addressing any issues before others raise them. When problems arise, acknowledge mistakes, provide corrective steps to build trust and offer options through dialogue rather than just sending information.

1. Now you have funding Manu Parpia

2. Some Guidelines Continuously review against your Business Plan - Investors hate surprises Make sure you highlight risks / problems early Understand your Board – where are they coming from Who can you count on What are they looking for Who & how can any member help Conserve your capital If you are ‘behind’ the next round will surely cost you more

3. Continued Identify key parameters which are appropriate for your business and prepare a ‘dashboard’ Make sure you incorporate your investors views Publish it in a timely manner Call to answer any questions Be honest – don’t hope a problem will ‘go away’ or ‘get solved’ – ho jayega Don’t forget about yourself

4. When it goes wrong Raise the issues before anyone else Ask for help Acknowledge errors or failures – provide information on concrete steps you have taken to prevent repetition Provide Options Ensure dialogue – don’t just ‘send’ the information

5. Gearing up to going public Best Practices – Governance Transparency in approach Accounting Standards Prove scalability – the Business Model Management Team