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Convertible Equity, A Better Alternative To Convertible Debt?

techcrunch.com

Convertible Equity, A Better Alternative To Convertible Debt? As a refresher, a convertible note is a loan that automatically converts into equity upon the closing of a Series A round of financing. Second, the debt note requires a fixed due date (or “maturity date”) for repayment of the total amount borrowed, plus interest.

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Awesome Austin Tech Events, May 8–15

Austin Startup

Some of the most interesting events in Austin for the week of May 8 through May 14 are as follows: Mon, May 8 thru Thurs, May 11: OSCON OSCON brings the software engineering and developer community together to explore what’s new and useful in open source languages, tools, and techniques. At the Austin Convention Center. $99-$3895

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Developer Funding – How to Build Your Team and Raise Money (Google I/O Panel)

VC Cafe

When I met Instagram, Kevin (the founder) had great numbers, but he wasn’t even thinking about revenue. I invested in a company called Yobongo – the founder blew me away, he ended up selling his company and I made most of my money back. The top 10-15 we manually review. Lots of founders are college dropouts.

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How Venture Capitalists and Government Can Promote Entrepreneurship

David Teten

By contrast, as a venture capitalist, I can report that almost all of our portfolio companies are desperate to hire talented software engineers, and eager to hire in a range of other roles. Just like me, they’re distressed about the poor economy and jobs situation.

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1TeamWeb Taps Out the Competition

Austin Startup

No, not related to the famous Wendy’s founder.) Dave, Karen, and their family have been great neighbors over the years and, while we may go weeks sometimes not seeing much of each other, due to being involved in our separate professional and personal pursuits, we always know they have our back, just as we have theirs.

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@altgate » Blog Archive » Outsourcing For Startups

Altgate

The presentation was on outsourcing generally, not just software engineering and the audience was very early stage companies (some yet to be founded). But did you know that founder Markus Frind has just 3 employees for his $10MM+ revenue business? Engineering/QA. He basically outsources everything. To that I say baloney.

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Startup Lessons for the Proto-Founder

www.metamorphblog.com

Home About Contact Home About Contact The Metamorphosis Becoming an Entrepreneur, by Matt Mireles Startup Lessons for the Proto-Founder I started SpeakerText in October 2008 during the financial apocalypse. You need a Co-Founder, not an Engineering Bitch. Date for a bit, then split the equity. No one funded us.

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