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Growing Pains with Startups

Be Investable
May 9, 2017 11:00 AM

Gabe Karp Image.jpgTaking on new business he wasn’t sure he could handle is just one of the most challenging things Gabe Karp dealt with at ePrize. Transitioning from an established private law practice to the world of startups was a huge shift and risk for Gabe, one that taught him innumerable lessons. Joining the startup with a 20-person team and leaving when it was close to 500 people, Gabe lived through the rapid growth, the challenge of maintaining a culture of accountability, as well as learning more about the Merger & Acquisition side of business.

Gabe, now a partner with Detroit Venture Partners (DVP) learned to hire ahead of the curve while at the same time keeping a watchful eye on the balance sheet. Rapid growth can be a challenge all on its own; how to keep the culture alive, how to keep the team together and happy as it grows with the company, and learning that money coming in covers a multitude of problems.

All these lessons helped make Gabe the perfect partner at DVP. Listen to Gabe on The Trep Talk this week to understand what DVP wants in its portfolio companies as well as what to do as a novice looking for funding. You won’t want to miss the insight and lessons steeped in this interview!

For more knowledge, news, and insights visit:

www.michiganbusinessnetwork.com

Foster Swift: Law Firms

Be Investable , hosted by Michael S. Melfi, and Jesse Henry (link to GetInvestable.com) digs deep into the biggest problem emerging companies, entrepreneurs, and businesses face today – funding. Our show is about learning how to Be Investable. Learn from our guests what key investors are really looking for in leadership and management. Our guests are experienced, successful leaders and pioneers happy to discuss the road map for hacking fundraising, attracting mentors and manifesting investors. We look forward to you joining us on the show..

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