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The Changing Structure of the VC Industry

Both Sides of the Table

pre-money valuation you certainly would want to exercise your right to continue investing if you had prorata rights. I highlighted how these tectonic technical shifts have altered the VC industry in this post: How Open-Source & Horizontal Computing Spawned the Micro VC Market. 2007 was the watershed year.

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Thoughts on Convertible Notes

K9 Ventures

If they don’t learn to do this, then when they raise money from institutional investors and have a formal Board of Directors put in place, they are ill-equipped to know what it means to have a board meeting, to prepare a board information packet, and most of all to manage the board (and yes, every board needs to be managed).

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How to Start a Startup

www.paulgraham.com

Its not what people learn in classes at MIT and Stanford that has made technology companiesspring up around them. In a technology startup, which most startups are, the foundersshould include technical people. The rulers of the technologybusiness tend to come from technology, not business. Its the same with technology.

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