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Surviving the 2024 AI Hype Cycle 3 Strategies

Startups that are now jumping into the AI gold rush will most likely fall victim to the hype and eventually crash, believes the lifelong entrepreneur and mentor Michael Burtov. As we head into 2024, what can founders learn from the tech bubbles of the past in order to survive and prosper?  
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SAFE for VCs, not so safe for startups

In recent years, “SAFE” notes have become one of the most common ways for early-stage startups to raise capital in the U.S. Still, most international founders have never heard of them. Lifelong entrepreneur and innovation consultant Michael Burtov explains the challenges these notes present to startups and angel investors.
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Why you shouldn’t expect anyone to sign your NDA

Many immigrant startup founders believe that a Non-Disclosure Agreement (NDA) is a sophisticated method for safeguarding their ideas. Lifelong entrepreneur Michael Burtov explains why this is a detrimental practice that is likely to hurt your startup's fundraising prospects.
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Board of Directors vs Board of Advisors: Startup’s Brain vs Soul

In essence, a board of advisors is more concerned with a company's strategic interests, while a board of directors focuses on advancing the interests of shareholders. This distinction seems subtle, but for many companies that originate outside the U.S. startup ecosystem, this can be quite a foreign concept. Lifelong entrepreneur Michael Burtov explains the difference between the two.