Both Sides of the Table

JANUARY 5, 2010

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. About 18 months ago in early 2008 we hired an analyst (pre-MBA), but wanted to wait until after Summer to hire a post-MBA associate. You have kids, a mortgage, MBA debt? Not my problem.

Entrepreneur 293

Entrepreneur CTO Hire South America Salary 293

Both Sides of the Table

JUNE 28, 2010

This includes seed funding Automattic (who produce WordPress, the blog I use for this website) and investing in formspring.me, stickybits, Thing Labs (producer of Brizzly), KissMetrics and many others including Quantcast. So how is Mike able to do this at a time where others have warned against taking seed money from VC funds?

San Francisco 230

San Francisco Los Angeles Cofounder SMS 230

Both Sides of the Table

SEPTEMBER 2, 2009

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. I raised $500k in seed money to start the company. No matter what I say some people are going to believe passionately on the other side of the argument.

Founder 329

Founder Liquidation Preference Term Sheet Participating Preferred 329