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What Makes an Entrepreneur? Cojones (7/11)

Both Sides of the Table

Partners in VC funds only wanted to fund entrepreneurs who had a certain percentage of their net worth tied up in their venture. VCs don’t have the same net worth litmus test and great entrepreneurs have a ton of sources for seed money to get financed very early. That’s hard core. Not my problem. It was May.

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Should Founders Be Allowed to Take Money off the Table?

Both Sides of the Table

On a panel that I sat on with Ron in LA in 2008 he stated that there were no circumstances in which the founder should take money off of the table. The net effect for [my company] for example is we are now doing reasonably well. I raised $500k in seed money to start the company. I believe this is wrong.

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Which language should my startup use?

www.reincubate.com

Share this: net c# development django java language php software Were often asked by entrepreneurs which language their startups should adopt when developing their technology. These are Java (from Sun),NET (from Microsoft), and three Open Source options: PHP, Python and Ruby. Java stands alone from the four others.

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The Series A crunch is hitting now. Have we even noticed?

pandodaily.com

If you are raising a seed round now, there are a few things you can do to protect yourself. There are still the same debates on whether or not you should take seed money from VCs. This comes only a few weeks after LivingSocial posted 3rd quarter net losses of around $556 million. Entrepreneurs are survivors by nature.