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Board Decks Best Practices1


At our portfolio company CEO Summit this spring, the 60 or so leaders in attendance asked us if we could figure out a way to aggregate some insights across our entire portfolio and share the data with them. We said we would see about that. So this summer, we hired Max Heald for a three month stint after he graduated from college and tasked him with figuring out how to do this. The first constraint was that we were not going to ask our portfolio companies for data. They have businesses to run and they don’t need us dumping a big data request on them. So we pulled together all the data we already had on our portfolio companies, the spreadsheets, the pitch decks, the board decks, the financial reports, etc and asked Max to comb through it and see if there were insights in the aggregate data. Of course there was. Here’s an example of something we were able to determine via this effort. I have been telling the companies I work with to plan on eighteen months of runway from a financing and three to six months to raise the next round for years. But it is nice to see that advice validated in data. Along the way Max saw a lot of board decks and asked us if he could write a post on the USV blog describing some of the best practices he saw. We encouraged him to do that and he published it today. Check it out. http://avc.com/2017/10/board-decks-best-practices/

Board Decks Best Practices1


At our portfolio company CEO Summit this spring, the 60 or so leaders in attendance asked us if we could figure out a way to aggregate some insights across our entire portfolio and share the data with them. We said we would see about that. So this summer, we hired Max Heald for a three month stint after he graduated from college and tasked him with figuring out how to do this. The first constraint was that we were not going to ask our portfolio companies for data. They have businesses to run and they don’t need us dumping a big data request on them. So we pulled together all the data we already had on our portfolio companies, the spreadsheets, the pitch decks, the board decks, the financial reports, etc and asked Max to comb through it and see if there were insights in the aggregate data. Of course there was. Here’s an example of something we were able to determine via this effort. I have been telling the companies I work with to plan on eighteen months of runway from a financing and three to six months to raise the next round for years. But it is nice to see that advice validated in data. Along the way Max saw a lot of board decks and asked us if he could write a post on the USV blog describing some of the best practices he saw. We encouraged him to do that and he published it today. Check it out. http://avc.com/2017/10/board-decks-best-practices/

Compounding habits


Let’s take a collection of habits that could be part of your work day today. Starting the day by writing and committing to 3 priorities Having a quick map of the meetings for the day Batch scheduling your appointments Doing the pre-read Sending the pre-read Showing up on time Scheduling time to think without interruption Checking your notifications less Carrying yourself with positive energy Seeking to understand Responding to communication in a timely manner Being present in meetings Eating healthy Prioritizing relationship building by making time for walks, catch ups and coffee Writing clearly – in emails and documents Taking a step back and looking at the big picture Switching off Many of these are small and simple habits. And, yet, every one of these, individually, can make a marked difference to our productivity. Our effectiveness is simply a combination of our habits at work. The trick lies in the fact that these habits don’t simply add up. Their effect compounds as we add more of these to our fold. Suddenly, days become consistently productive and people begin to understand that your presence signals momentum and effectiveness. The beauty about the journey toward effectiveness is that we don’t suddenly become effective with one drastic change. We get there one small habit at a time. And, of course, we can start doing that today. We first make our habits and, then, our habits make us. Share this: Facebook Twitter LinkedIn Like this: Like Loading... Related https://alearningaday.com/2017/10/03/compounding-habits/

My new book came out today!21


My new book came out today! Source: http://theoatmeal.com/blog/dogs_as_men_book

If pens worked like printers22


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