Legal

Creating Value in Companies Through Communications

By: Andy Abramson

CEO, Comunicano

Too often, the importance and value of external communications – be it public relations, social media, or event participation – is underestimated by technology-led companies.

While founders often seek attention from the media or relish the opportunity to speak to their audiences, too many companies fail to recognize how vital a well-structured communications program can be to drive and deliver their value proposition, along with its potential to positively impact  the company’s valuation. That’s why a Value Creation Communications approach is necessary from a company’s beginning to exit.

Simply put, Value Creation Communications is about engaging with three distinct audiences:

  1. Customers
  2. Ecosystem partners
  3. Investors/Acquirers

These three audiences directly impact a business’s value and, in reality, the founders’ ability to command a higher valuation when acquired. In order to attract these three audiences, the concept of Value Creation Communications (VCC) can be utilized.

For VCC to be successful, the company’s story must be clearly understood. Without a story, a business is just another face in the crowd, but your goal is to be the face the crowd is looking at. That’s why it is essential to tell a story that meets the requirements of the 4 C’s, so that  your story is memorable enough to be retold by others the way that you tell it yourself.

The 4 C’s:

  • Clear
  • Credible
  • Compelling

… and…

  • CONTAGIOUS

When a story is contagious and begins being retold by others, the business builds its legend. The more your story is told by others, the more prodigious your legend becomes. And with that, the creation of greater awareness of your story.

Creating Value in Companies Through Communications Read More »

Introduction to Economics and Control market sizing template 2

Intro to Term Sheet Terminology

There is a lot of mystifying language and terminology used by experienced founders, investors, term sheets, and investing documents. But, it all revolves around just two issues: money and control. Jeff Saling will help unpack common startup investment language and terminology and help founders, investors, and the curious to understand what the terms mean, how they work together, and what the implications are for founders and startup investor(s).

Intro to Term Sheet Terminology Read More »