Both Sides of the Table

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What Does the Post Crash VC Market Look Like?

Both Sides of the Table

We don’t want to compete for the largest AUM (assets under management) with the biggest firms in a race to build the “Goldman Sachs of VC” but it’s clear that this strategy has had success for some. But I thought a better way of thinking about how we manage our portfolios is to think about it as a funnel. super size or super focus.

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How to Make Sure Professional Services Don’t Take Over Your Software Company

Both Sides of the Table

Importantly, make sure that you retain IP rights to your custom work which needs to be part of the engagement contract. At a minimum co-ownership of the IP. If not specified in contract you might find yourself with future litigation over IP. PS Business Cannot Become a Management Distraction.

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How to Shorten Your Sales Cycle and Avoid Wasting Time

Both Sides of the Table

The most likely outcome if you manage to interest the senior exec (for the sake of this post let me call her the CEO) is that she will refer you down the organization to somebody who would be involved in the decision. The senior person you meet is unlikely to be the person actually making the decision.

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How to Work with Lawyers at a Startup

Both Sides of the Table

Shame about not getting it in legal writing that you owned the original IP. For a very small fee they can get your Delaware C corp registration, make sure that you have IP protection and ensure you didn’t make an early bumbling mistakes that you’ll pay for dearly in the next 7-10 years of hard work.

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Some Career Advice for Aspiring Tech CEOs

Both Sides of the Table

There are many companies with phenomenal IP that is truly differentiated but where the original executive team squandered their opportunity due to inability to sell, market or service customers. There is often money to be made in finding places with under-valued IP. the standard 4-6% for a hired-gun CEO). ” (Warren Buffett).

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Revisiting Paul Graham’s “High Resolution” Financing

Both Sides of the Table

These days there are many lawyers that will do equity deals cheaply as long is it is a standardized, simplified term sheet, early stage, no serious investor / management debates, limited IP / customers / due diligence and as long as they perceive you as a “hot&# company that’s likely to need legal services for many years ahead. (if

Finance 286
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Why You Should Embrace Opposing Views at Your Startup

Both Sides of the Table

I’m sure the management team & board over there know that they need to focus on what comes beyond mayors, badges & check-ins. I use technology precisely to try and develop an intuitive feel about what will work and what won’t” The management team got it. I’m interested to see where they take it next.

Startup 313