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. But if you had a seed program that guaranteed the next round of investment it would be even more liberal than an A Round investment and there’s no reason for that.

Post-Money Valuation 298

Post-Money Valuation Term Sheet Warrant Partner 298

Both Sides of the Table

NOVEMBER 18, 2012

That was the topic of my keynote at Seedcon, an event hosted by the University of Chicago, where I am a graduate of the MBA program. Think about it – most entrepreneurs who manage to raise seed money or venture capital usually raise enough money for 12-18 months maximum. Entrepreneurshit.

Monaco 420

Monaco Cofounder Chicago Mexico 420

Both Sides of the Table

APRIL 3, 2010

Chris Dixon provided some commentary on Twitter that he believes I missed “the most important point about fund size.&# He’s specifically referring to his point of view that entrepreneurs shouldn’t take seed money from “big VC’s&# (he defines them as > $100 million). Let me explain: 1.

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. So they set up seed programs that allowed for rapid decisions for $500k or less, often done as convertible debt for both speed and cost reasons.

Software Review 283

Software Review Term Sheet Due Diligence Southern California 283