Rachel Sterne: CDO

A Mind Blowing Party

In Nepal where I grew up that would have meant Chief District Officer, one mean post back in the days of absolute monarchy. You did n-o-t want to ever get noticed by the CDO. Worst case scenario you might simply have disappeared. Some of the most politically vocal people did. They simply disappeared.

250K Or 500K: How Much To Raise?

Image via WikipediaI am in mind to raise 250K from Union Square Ventures. That would be my first choice. I can guarantee you I can get Fred Wilson to give me 15 minutes of his time any day for me to able to pitch him. That much I know. But the deal is up in the air. I am not going to assume it will happen. That part is not in my control. What is in my control is I am going to leave no stone unturned to get him. My part is in my control.

Serenity Prayer - Wikipedia, the free encyclopedia

Another idea that is being floated by some people on my team is that I raise 500K, but without giving equity. It would be like I get 500K, and in my next round - which could happen in as little as six months - I give that money a 600K valuation. I would be very open to that.