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Revisiting Paul Graham’s “High Resolution” Financing

Both Sides of the Table

These days there are many lawyers that will do equity deals cheaply as long is it is a standardized, simplified term sheet, early stage, no serious investor / management debates, limited IP / customers / due diligence and as long as they perceive you as a “hot&# company that’s likely to need legal services for many years ahead.

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Brad Feld Drops Knowledge. Here’s What He Said …

Both Sides of the Table

One of the successful investments was a company called Nigenisis, which ended becoming a public company in 1999. Product Management – Brad and Mark discuss the role of Product Managers in Startups. One (thing) we have talked about in the past is a lack of Product Managers, experienced technology Product Managers. (in

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LinkedIn: The Series A Fundraising Story ? AGILEVC

Agile VC

This also appears as a guest post at Fortune’s Term Sheet. At the end of the process, which ran into the fall of 2003, we received term sheets from two firms and had a third which expressed interest in participating though not leading the round. This is my 2nd time trying this, first time was in 1999.

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Retro: My Favorite Blog Post on Raising VC

Both Sides of the Table

I had previously raised VC in 1999, 2000, 2001 and 2005. My blog linked to Brad Feld’s blog because I was so grateful for his series on term sheets and he was one of the biggest reasons that as a VC I felt compelled to blog. The managing partner of the firm called me the next day. That changed very quickly.

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One Book Every Entrepreneur and VC Should Own

Both Sides of the Table

When I first started as a startup CEO in 1999 there were no guides on raising venture capital. There were no explanations for all of the confusing details outlined in a term sheet. Founders don’t often think about “primary&# stock vs, “fully diluted&# stock in terms of voting rights. Drag along rights?

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I Want My CIC! … The Benefits for Startups to Be Co-Located

Both Sides of the Table

I’m surprised how few people talk about valuations, term sheet terms, how much to pay recruiters, etc. The CIC, founded in 1999, is located adjacent to MIT and has more than 100,000 sq ft of space for nearby startups that qualify to be housed there. Entrepreneurs need to share more information with each other.

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Understanding Changes in the Software & Venture Capital Industries

Both Sides of the Table

When I built my first company starting in 1999 it cost $2.5 million in team costs to code, launch, manage, market & sell our software. We had to learn how to be better at “load balancing & replication&# – meaning how we managed data across all the boxes since they weren’t centralized on one box.