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How to Work with Lawyers at a Startup

Both Sides of the Table

He’s totally tapped into the startup communities in Silicon Valley and a bit in LA. You need to know how liquidations preferences work. I’ve met several people from Cooley Godward who have stellar reputations in this category. I know Mike Lincoln in Washington DC does. So it doesn’t have to be a small firm.

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Should Entrepreneurs Attend Business School?

Up and Running

C Corp versus LLC, non-competes, liquidation preferences, preferred versus common stock, and so on). During our fundraising conversations, I’ve been constantly amazed by the percent of people I’ve spoken to in the venture capital community that have MBAs.

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Series A Startup CEO Salary

The Startup Lawyer

The startup community focuses most of the term sheet discussion on liquidation preferences and anti-dilution , but startup CEO salary is nonetheless an important issue. The Importance of Startup CEO Salary.

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Startup Fairy Tales and Other Tall Tales That Venture Capitalists Tell

Growthink Blog

Management has the wrong pedigree, is geographically undesirable, competes in the wrong industry, and/or has a business model that lacks "scalability credibility" with the venture community. And they hire very aggressive securities attorneys to represent their interests. My suggestions for the investors seeking emerging companies to back?

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It's Not in My Interest to Screw You

Babbling VC

The thought process behind this is that my reputation as a VC in the community is far more important than trying to "win" in regards to one specific deal. Terms like "drag-along", "liquidation preference" and "anti-dilution" tend to be triggers for the thought of "I'm getting screwed!" Yet, we don't live in a perfect world.

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Horse Trading

ithacaVC

“Horse trading” is a bad phrase in the startup/VC community. Let’s say that the Series A liquidation preference (LP) is 1X and that the Series B LP is 1.5X. It typically is used in the context of someone (often a VC) attempting to change deal terms between a signed term sheet and the closing of the investment.

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Top 30 Startup Posts in June 2010

SoCal CTO

liquidation preference. 7 Ways Nokia Can Win Again - ArcticStartup , June 18, 2010 In the eyes of the developers and the startup community, Nokia went from hero to zero in less than 3 years. The company is about to introduce the N8 to a mostly indifferent community. Yes, even bootstrappers.

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