There are many more examples of poaching by companies driving up salaries, equity packages, and stay and join bonuses. Tags: Venture Capital and Technology We have enjoyed an amazing run in the web startup and investing space over the past five or six years. Investors are showing up at the first meeting with term sheets. MORE >>

The House has passed a bill this past week that would change the taxation of carried interest from capital gains treatment to ordinary income treatment.   But even beyond the basic argument of equity and fairness, there are some other important factors to consider. Tags: Venture Capital and Technology MORE >>

We negotiated fair deals—all equity—in a timely manner. In fact, I’d venture to say that perhaps getting people on board who are purely momentum driven, who ignore terms and are willing to sign up for any term sheet recardless of whether its an uncapped convertible note, might actually be adverse selection. Nice work if you can get it. MORE >>

My two previous posts described how venture capital investors will want to invest too much and exit only for very high returns. Venture capital exit times extremely long - much longer than you probably realize. This post describes why these factors make venture capital exit times so long. MORE >>

Once you grant an employee, partner or service provide equity for their future contributions to your company, you can’t take it back (without legal action). As a result, it’s very important that you make sure to vest every equity grant that you make – giving the recipient rights to more equity as they achieve milestones. MORE >>