Both Sides of the Table

JANUARY 5, 2010

VCs don’t have the same net worth litmus test and great entrepreneurs have a ton of sources for seed money to get financed very early. Servers, databases, bandwidth – they’re all virtual now. You have kids, a mortgage, MBA debt? Not my problem.

Entrepreneur 293

Entrepreneur CTO Hire South America Salary 293

Both Sides of the Table

JUNE 28, 2010

This includes seed funding Automattic (who produce WordPress, the blog I use for this website) and investing in formspring.me, stickybits, Thing Labs (producer of Brizzly), KissMetrics and many others including Quantcast. So how is Mike able to do this at a time where others have warned against taking seed money from VC funds?

San Francisco 230

San Francisco Los Angeles Cofounder SMS 230

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. In these cases we proactively offer to lead their next round of financing. How this works: I try to set a price that feels like a fair balance between GRP and the company.

Post-Money Valuation 298

Post-Money Valuation Term Sheet Warrant Partner 298