Startup Funding

April 20, 2017

VC Profile: Krishna Srinivasan of LiveOak Venture Partners

Headquarters: Austin, Texas Sectors: Enterprise Software, Social Media, Digital Media Description: LiveOak Venture Partners is an Austin-based, early-stage venture capital firm that partners with visionary entrepreneurs who use disruptive technologies and business models to challenge the status quo. While many of their investments begin at the seed stage, LiveOak is a full life-cycle investor focused on technology and technology-driven service companies primary based in Texas and the Southwest. For over a decade, the Founders of LiveOak have helped entrepreneurs create industry-leading companies. “LiveOak partners with visionary entrepreneurs who use disruptive technologies and business models to challenge the status quo.” Recent Investments: Ranzure Networks $13M / Series A (Lead) CS Disco $18.58M / Series C Data.world $14M / Series A NSS Labs $16M / Series C Website: liveoakvp.com Krishna Srinivasan is a co-founder of LiveOak Venture Partners and has been investing in early stage Texas based companies and entrepreneurs since 2000. Prior to founding LiveOak, Krishna was a Partner at Austin Ventures. Before joining Austin Ventures, Krishna was with Motorola where he wrote large scale optimization software for supply chain planning and worked with a variety of business units on strategic and operational issues. He started his professional career at SEMATECH. Krishna received his MBA from Wharton where he graduated with highest academic honors as a Palmer Scholar. He also has an MS in Operations Research from the University of Texas at Austin, and a BS in Mechanical Engineering from the Indian Institute of Technology, where he graduated with the highest all-round honors.

VC Profile: Krishna Srinivasan of LiveOak Venture Partners Read More »

How to Get the Most from an Advisor

Advisors provide insight into growing your business as well as burnishing the team both of which are important in the fund raising process.  To get the most out of your advisor here are some key points: 1. Set Clear and Specific Goals Most CEOs who sign up advisors initially plan to use them as a general sounding board.  For the informal advisor this works fine, but for a compensated advisor, the role should be much more focused.  The advisor should have a job description the same as any employee in the company.  The CEO should set clear and specific goals on what the advisor should do. 2. Have a Regularly Scheduled Call/Meeting Advisors generally serve at the will of the CEO or the board but can also be setup for specific term of service.  This makes it easier to transition into new and out of arrangements as the company grows. 3. Make Clear the Preparatory Work that Needs to be Done For each meeting, there should be some clarity on what preparatory work that needs to be done by the advisor.  This sets expectations on both sides on what is to be done. 4. Include the Advisor’s Name on Investor Documents A substantial portion of the value of the advisor is in raising funding.  The CEO should add the advisor’s name and position to the investor documents and make clear the value of the advisor to the team. 5. Leverage the Advisor’s Network Most advisors have an extensive network and one that should be mined for the benefit of the company.  The CEO should discuss what help is needed to see if the advisor’s network can bring additional support. TEN Capital Network is proud to announce our Advisory Program which provides a roster of qualified advisors to assist in supporting your company in its growth plan. This includes increasing revenue traction, identifying the business model, and helping prepare the company for a fund raise. This program is only available to companies enrolled in the TEN Capital funding program. If you want to find an advisor for your business, please contact us at info@tencapital.group.

How to Get the Most from an Advisor Read More »

Scroll to Top