Collin Wiel shares tips and predictions with Reena Jadhav How refreshing to finally get a number on the new valuation metric - it's down 50%. So now we know. Collin Wiel, Partner at Keiretsu Forum San Francisco Chapter, shares with Reena Jadhav, CEO nuResume, his top tips for Survival and predictions for 2009. Tip 1: Forget about building a sales team, the CEO or founder needs to sell. Conserve resources on sales team and focus on profitablity. Tip 2: If you're in the market raising funding, tell a story around profitability being achieved from the current round being raised. No one's buying the story on "next round will take us to profitability." Tip 3: If current strategy doesn't allow you to get profitable from this round then rethink your strategy and craft one ... [ Read more ]