by Micaela | Dec 23, 2025 | The Founders Office™
Founders usually meet EBITDA when capital enters the room. A lender asks for it. An investor anchors to it. A buyer frames valuation around it. The friction begins immediately because founders experience their business through cash timing, customers, and constraints,...
by Micaela | Dec 23, 2025 | The Founders Office™
Most founders experience their cap table as a record of progress. Investors experience it as a preview of stress. Early on, nothing appears wrong. The round closed. The company is moving. The structure holds. Yet when a new investor opens the cap table, the...
by Micaela | Dec 19, 2025 | The Founders Office™
Investor management rarely begins as work. Early communication feels light, supportive, and episodic. Updates are welcomed, alignment feels intuitive, and confidence flows easily because expectations have not yet encountered friction. In that phase, communication is...
by Micaela | Dec 19, 2025 | The Founders Office™
Founders usually ask this question after deciding they want capital, not after deciding what kind of capital actually fits their business. It often surfaces during acceleration, when opportunity feels close but constrained. Framed that way, the question becomes a...
by Micaela | Dec 19, 2025 | Just Ask Dad
A question came in from Candace. She asked why the Fed would lower rates again when the indicators look conflicted, and what the real risks would be if leadership changes led to much lower rates. She also wanted to know how founders should think about getting ready...
