Both Sides of the Table

JANUARY 5, 2010

If your idea is so amazing that it warrants my hard-earned angel money or the money of my LP investors from our fund then why should I take a risk on you if you won’t take a risk on yourself? I’ll pay my own moving costs and if we don’t raise the fund you owe me nothing.”. Why should I be? Not my problem.

Entrepreneur 293

Entrepreneur CTO Hire South America Salary 293

Both Sides of the Table

AUGUST 1, 2010

I think the issue was mostly framed initially by Chris Dixon in his article The Problem with Taking Seed Money from Big VC s. That would run the risk of the “ sunk cost fallacy that we all learned in basic economics (or if you didn’t make sure to read Fred Wilson’s primer on the topic. Ask their strategy.

Post-Money Valuation 298

Post-Money Valuation Term Sheet Warrant Partner 298

Both Sides of the Table

SEPTEMBER 2, 2009

I raised $500k in seed money to start the company. The very modest salary that I drew didn’t come anywhere near meeting my monthly costs so I had to eat into savings. But it is clearly not warranted in all cases. I think the following circumstances warrant consideration, but there is no doubt it is deal specific.

Founder 329

Founder Liquidation Preference Term Sheet Participating Preferred 329