1999 Entrepreneur Finance Post-Money Valuation 
Both Sides of the Table
SEPTEMBER 25, 2010
When I first read Paul Graham’s blog post on “High Resolution&# Financing I read it as a treatise arguing that convertible notes are better than equity. As I’m generally a believer in ‘pricing rounds’ I initially didn’t agree with the premise of the post. Photo credit: D. and not a min.
Feld Thoughts
FEBRUARY 9, 2016
And, rather than rational and helpful thoughts for entrepreneurs, it often brings out the schadenfreude in even the most talented people. Mark’s post is one of the first in this cycle that I’ve seen from a VC giving clear, actionable advice. We entrepreneurs have been spinning that line for decades in every boom cycle.
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