Trending Sources

Startup 101: “Open Source” Start up Legal Documents

VC Cafe

Legal docs don’t have to be a source of stress when you’re trying to set up a business. Link:  [link]. All docs are here:  [link].

Ask the VC Bonus Material

Feld Thoughts

As a step in the right direction, Jason and I decided to open source our Foundry Group form legal documents. Included are our standard forms for the following: Series A Term Sheet. Venture Deals askthevc deal docs Term Sheet venture dealsYou can find them on the Ask the VC Resources page. Co-Sale Agreement.

The Proliferation of Standardized Seed Financing Documents

Feld Thoughts

Founders Institute Plain Preferred Term Sheet (by WSGR). wrote about this in my post The Challenge of The Ideal First Round Term Sheet. Then we’ll open source these and evangelize them across the startup world, at least in the US. Tags: financing seed documents Term Sheet

Burnham's Beat: Wigix: An Idea Whose Time Has Finally Come

Burnham's Beat

« 4 Things to Do After You Get Your First Term Sheet | Main. It’s interesting to note, that many stocks and bonds were also once traded using English Auctions, but once bid/ask-based exchanges opened, the purveyors of these English Auctions quickly disappeared. Open Source. Open Source. Stocks.

IPO 19

Examples of good startup term sheets

www.quora.com

Ycombinator open source term sheet is a good start for Seed deals. Was hoping to link to just the term sheet.

Burnham's Beat: 4 Things to Do After You Get Your First Term Sheet

Burnham's Beat

Things to Do After You Get Your First Term Sheet. The End Game generally takes place after you have gotten a term sheet, but before you actually sign it. Nothing loosens up a VC’s purse strings or makes them more flexible on a particular term than the threat of competition. Open Source. Stocks.

RSS 0

How Convertible Debt Works

Feld Thoughts

Convertible Debt – Other Terms. If you want to see an actual convertible debt term sheet or the actual legal documents, take a look at the TechStars Open Sourced Model Seed Financing Documents. Last night I gave a talk hosted by SVB at their Palo Alto office. Several questions came up about Convertible Debt.

Soylent

Chris Dixon

Shortly after that conversation I got an email from Jordan Cooper about a company he was investing in called Soylent that was taking an open-sourced approach to developing science-based food products. source. source. source. I was chatting with John Borthwick a few years ago and he said something that struck me.

Understanding Changes in the Software & Venture Capital Industries

Both Sides of the Table

Open-Source Software & Horizontal Computing. Open source became a movement – a mentality. Rewind. Enter Amazon.

Teaching Entrepreneurial Finance Using Venture Deals

Feld Thoughts

Over the past six years, Jason Mendelson and I have heard from over 100 professors who have used our Term Sheet Series of blog posts in college (undergraduate and graduate) programs on on entrepreneurship. Jason and Brad Bernthal  have been teaching a class at CU Boulder Law School called VC 360.

How do the sample Series Seed financing documents differ from typical Series A financing documents?

Startup Company Lawyer

After the recent announcement of the Series Seed Financing documents by Marc Andreesen, Brad Feld points out  that there are now four sets of “open source&# equity seed financing documents: TechStars Model Seed Funding Documents (by Cooley). TheFunded released their “Plain Preferred&# term sheet in August 2009. 

Startup Resources

www.vccafe.com

VC Cafe highlights everything you need to know from hosting your code in hackathons to open source legal docs. Lean Methodology Sources.

Startup Tools

steveblank.com

This video should be the gold standard in explaining contract terms. I.e a lot is written in general terms, mostly US centric. Thank you.

Standardized Venture Funding Docs

A VC : Venture Capital and Technology

Marc Andreessen told PE Hub : It’s like open source software. First, as Brad Feld points out , there are now four sets of "open source seed documents: TechStars Model Seed Funding Documents (by Cooley). Founders Institute Plain Preferred Term Sheet (by WSGR). TechStars uses one set.

Burnham's Beat: SkyGrid and the Emergence of Flow-Based Search

Burnham's Beat

« Microsoft/Yahoo: A Bad Deal For Silicon Valley: Take II | Main. | 4 Things to Do After You Get Your First Term Sheet » 02/13/2008. Open Source. Open Source. Burnhams Beat. Articles on Technology and Finance. About Bill. Archived Posts. Blog Roll. IPO/M&A Lists. By Category. By Month. Database.

RSS 0

Series Seed Financing Documents

www.seriesseed.com

  Based on the comments received, both on the blog and in the many deals in which these documents have been used, I am convinced that the terms of a simple set of equity documents are really not an issue.  In sum, Series Seed creates a level playing field between capped debt and equity documents in terms of speed and cost. 

Getting Due Diligence Ready

StartupCFO

Investors will perform business diligence before they issue a term sheet. trust you to take my $1 and make it $5 or $10. Legal Diligence.

Are You Raising Too Much Money?

Fresh Inc.: The Staff Blog

Raising smaller amounts tends to keep your options open and your investors’ expectations reasonable. billion. It keeps things real.

Congrats to Backupify! A Great Exit Story for the First Company I Ever Backed

This is going to be BIG.

He was an interesting guy and I watched him throughout a bunch of interesting projects, like a complete open source business where all the employees got to make the decisions. He took a long term view and jumped in with a check. Today, Backupify announced that it is getting purchased by Datto. That was the year Twitter took off.

Raising Money? Don't Get Ripped Off

Fresh Inc.: The Staff Blog

Before you look for venture capital, you'd better have a great venture lawyer, and be prepared to keep her in the loop. Bad idea. link]. Ads by Pheed

The Forgotten Founder: YouSendIt’s Khalid Shaikh

Fresh Inc.: The Staff Blog

When you're a given a term sheet, it's like the queen knighting you; you are supposed to genuflect for even gracing you with terms."

Understanding the Risks of VC Signaling

Both Sides of the Table

They elected to sign my term sheet. This is part of my ongoing series on Understanding Venture Capital. Let me explain: 1. is now a VC.

How Snapchat's First Investor Found Snapchat Before Anyone Else

Fresh Inc.: The Staff Blog

Based in Santa Monica, Whisper lets users anonymously share secrets in a safe, supportive environment, like an open-source diary.

Fear is the Mind Killer of the Silicon Valley Entrepreneur (we.

500 Hats

  and i doubt any of these trends will likely reverse in the long-term -- lower costs, more people online, more e-commerce.  Thanks!

Model Series Seed Docs

The Startup Lawyer

The drafters are “open sourcing&# the documents so that they may be continually improved by the startup community. Lastly, the IRA contains a provision that the Series Seed investors should get whatever rights the investors in the next round of financing get. (4) Term Sheet. Check out the docs here.

Model Series Seed Docs

The Startup Lawyer

The drafters are “open sourcing&# the documents so that they may be continually improved by the startup community. Lastly, the IRA contains a provision that the Series Seed investors should get whatever rights the investors in the next round of financing get. (4) Term Sheet. Check out the docs here.

Piercing the Corporate Veil of Sweat Equity

grasshopperherder.com

As such, you should make sure to think of the proposals as an investor and get a reasonable term sheet. GrasshopperHerder.com. Go for it.

How To Grow and Scale A Culture with Limited Funds – Alicia Navarro

Business of Software Blog

He also talks about how Facebook never took off the signs of Sun off their doors, so that they always… every time you open up a meeting-room door, you would always be reminded of what you will become if you do not move quickly every day. Open-minded, which is quite important to us. Video and Transcript below. . Applause]. Anyway.

Bitesize Sunday: Israeli startup headlines March 8

VC Cafe

W hen sharing your life on social media becomes a bit much - an Israeli soldier revealed security sensitive information and cancelled a planned raid.

The Why of Where I Write

Hunter Walker

This is total inside baseball but here’s how I think of my personal publishing today: HUNTERWALK.COM : My blog, the flagship of my media empire ;-) Call me old-fashioned, but I like having my own dry piece of land, a URL to call my own that’s unlikely to experience changes in terms, UI, etc outside of my control. Why WordPress ?

supermac War Story 7: Rabbits Out of the Hat - Product Line Extensions

Steve Blank

First the bad news:   the new family of eight high performance graphics cards we were counting on couldn’t be delivered.  Just one.  What could we do?

Series Seed Financing Documents

www.seriesseed.com

Series Seed Term Sheet (v 2.0). Series Seed Term Sheet. Long term capital gains possible for early exit. Choose "Open With" and able to save as Word doc. Double trigger is a term of art that means (a) there is a change in control of the company (i.e. SeriesSeed.com. Yokum.

Burnham's Beat: Don't Take Angel Investments From VCs

Burnham's Beat

  The VC that invested in the angel round tried to the pre-empt the Series A fundraising with a low-ball term sheet, but the entrepreneur thought he could do better and politely told them “thanks, but i’d like to test the market”.  Open Source. Open Source. Burnhams Beat. About Bill. Blog Roll.

RSS 0

VC Seed Funding is Dead, Long Live VC Seed Funding!

Both Sides of the Table

This is part of my ongoing series about Raising Venture Capital. What gives?  Am I a hypocrite? The contra is also true.  They have a large-ish fund. 

Burnham's Beat: 10 Pragmatic Steps To Raising Venture Capital

Burnham's Beat

The harsh reality is that you face an uphill battle to get a meeting, let alone a term sheet, but the good news is that by taking a pragmatic approach to getting your foot in the door you can greatly improve your chances. Open Source. Open Source. Burnhams Beat. Articles on Technology and Finance. Blog Roll.

RSS 0

Maximum Impact

This is going to be BIG.

In the meantime, I've been mostly focused on deal stuff and have been super excited to get as many deals done as I have--four assuming this last term sheet closes. Sounds like a Jean-Claude Van Damme movie doesn't it? I'm talking about innovation in New York City and a very basic thought exercise. Run an accelerator/incubator? Educate?

Lose Yourself - VCball

VCball

Terms of Service. Not only did my family and friends support me to the tune of several hundred thousand dollars, but in 1996, we received multiple term sheets for several million dollars from some of the most prestigious early stage VCs at that time. Become a Fan. Subscribe via Email. Subscribe via Feeds. Subscribe in a reader.

B2B 0