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Thinking big and doing stuff properly

The Equity Kicker

Many of the conversations and talks there revolved around the importance of having big ambition and of doing quality work. Betting too early on a billion dollar outcome and building up a big liquidation preference can turn what would otherwise have been a decent success into a failure.

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How to Work with Lawyers at a Startup

Both Sides of the Table

You never got around to agreeing exact equity splits but you had many conversations about it. I know he’s smart but you wouldn’t hire a Javascript developer to do your database design – would you? But as with consulting, PR, web design and even VC – it’s not just the firm it’s also the individual.

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Top 30 Startup Posts in June 2010

SoCal CTO

" 8 Questions to Ask When Interviewing at a Startup - Instigator Blog , June 18, 2010 Job interviews are meant to be conversations. liquidation preference. Why you have to design products for how your customers are , and not how you want them to be. It shows a lack of interest. Yes, even bootstrappers.

Cofounder 175
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Interview with Sramana Mitra on 1M/1M Program

Life Beyond Code

However, as I started designing 1M/1M, it was clear to me that what we have learned and fine-tuned here at such a furious pace needs to be encapsulated and made available to the larger world of entrepreneurs. The $1000 annual fee grants paying members unlimited usage of the service. Numerous lessons. RS: Thanks Sramana. 1m1m.sramanamitra.com.

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Term-sheets and Valuations: Thinking about Negotiations - Startups.

Tim Keane

Term-sheets for preferred stock offerings are designed to protect the investor in case things don’t go as well as planned. Second a liquidation preference and a participation. On page two of the spreadsheet, you can see the result of dividends, liquidation preferences, and participation terms.

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Should you raise traditional VC or Revenue-Based Investing VC?

David Teten

This includes the application process, phone calls with us, conversations with co-founders, investors and counsel, etc. but RBI is really designed to be an equity-replacement solution. But this is the same for a VC round with a liquidation preference. Soup to nuts.

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Everything You Ever Wanted to Know About Convertible Note Seed Financings (But Were Afraid To Ask) – Part 1

Scott Edward Walker

Part 3 will cover certain special issues, such as (i) what happens if the startup is acquired prior to the note’s conversion to equity? (ii) ii) what happens if the maturity date is reached prior to the note’s conversion to equity? Are the Series Seed and Other Standardized Forms Really as Fast and Cheap as Convertible Notes?