Both Sides of the Table

MARCH 8, 2018

In 2017 we began inserting an “Inclusion Clause” into our term sheets because we believe that the culture one establishes at the earliest stages of one’s business will set out the course of how it will grow and develop. MovingForward is an open-source directory that pools diversity, inclusion, and anti-harassment commitments from VCs.

Term Sheet 284

Term Sheet Los Angeles Open Source Portfolio 284

Both Sides of the Table

JUNE 28, 2011

Open-Source Software & Horizontal Computing. It was driven by the introduction of open-source software, most notably what was called the LAMP stack. Open source became a movement – a mentality. The Emergence of “Open Cloud&# Infrastructure. At least in the consumer & business web.

Venture Capital 334

Venture Capital Software PHP Open Source 334

Both Sides of the Table

APRIL 3, 2010

We used the Y Combinator open source term sheet. We signed the term sheet within 48 hours and had funded in under 2 weeks. If you accept my terms you’re done. They elected to sign my term sheet. We offered them more : $750k-1 million. We took the $500k. Cash in bank in 30 days.

Venture Capital 265

Venture Capital Term Sheet Early Stage Silicon Valley 265

Both Sides of the Table

OCTOBER 17, 2009

With open source software (LAMP stack) and cloud computing infrastructure it just wasn’t that expensive to get your company going and founders just wanted to raise less money. If a VC term sheet comes in they begin their due diligence process. The contra is also true.

Software Review 283

Software Review Term Sheet Due Diligence Southern California 283