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Learn Everything You Need To Know About Venture Capital in 90 Minutes

Feld Thoughts

My partner Jason and our dear friend Professor Brad Bernthal are attempting to teach everything there is to know about the venture ecosystem in 90 minutes on January 28th. The link to the event is here.

Best Prepaid Cell Phone Plans

Ask The VC

If you don’t want to be bound to a contract, a prepaid plan is an. excellent fit. There are small companies that offer the best prepaid. phone plans with unlimited talk, text and nice amount of data. There’s actually. something for any budget-and you’ll save over a postpaid plan. Below are the most affordable prepaid cell phone plans with. nationwide network coverage assuming light usage. Best Plans No contract cell phone plans Prepaid Cell Phone Plans

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Prepaid SIM Card USA 2014

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Searching for an inexpensive plan on iPhone offer, or perhaps you wish to use an unlocked worldwide cell phone? Several prepaid wireless companies now are providing SIM-Only service, in which you bring in your personal cell phone, catch in a SIM card and enjoy. There are two carriers that actually work with unlocked GSM cell phone or unlocked iPhones which is T-mobile and AT&T, however the two. Best Plans Prepaid Cell Phone Plans

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Top Cell Phone Companies That Offers Best Deals

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Choosing a wireless provider is important as getting a Smartphone. The service provider offers the network, considering that you'll possibly end up spending an acceptable price for the service, and there is no reason in keeping with a poor service. However, there is no assured way to forecast this. For every person who may have a bad story experience with a carrier, recently there tend to be. Best Plans Cell phone companies

Cheapest Cell Phone Plans

Ask The VC

I've discovered The 7 cheapest cell phone plans offered in the market today, starting at $5 a month and moving up from that, all the plans covered here are no contract plans, which make it easy for a try. The handset includes basic phones to Smartphone's, cell phones usually cost around $250 or even much less, so your heart is not going to race each time the bill arrives, simply because you'll. Best Plans Cheapest cell phone plans

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Bootstrapping with Brad Feld

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Tom and Tony of tastytrade talk with Brad about Foundry Group, Techstars and Bootstrapping… Related articles. Startup Life Interview With Sandy Grason. The Kentucky Thesis. How Is Your Q1 Going? ” Feld Thoughts Feld Thoughts.

Don’t Have A Lazy Relationship With Your VC

Ask The VC

Today’s great post is from Bilal Zuberi @ Lux Capital. In it he asserts that Friends Don’t Let Friends Have a Lazy VC/CEO Relationship.

Where Can I Find Information on Starting Salaries for a SaaS Startup?

Ask The VC

Q: Where can I get some good starting salary information for a SaaS startup? I need the information for CEO, CFO, CIO, CINO, Director of Sales. How much should the starting salaries vary for a startup with $5 million vs $10 million gross revenue? A (Brad): First of all, you can find a great deal of info on structuring employee compensation right here on Ask the VC.

What Costs Are Considered Reimbursable To The Founders Of A Startup Company?

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Q: What costs are considered reimbursable to the founder of a start-up company? More specifically, if the founder has been boot-strapping his company since inception, and he agrees to a series a term sheet with a VC firm, are the operational costs incurred by the founder between this time and the closing of the round reimbursable to the founder? For example: The founder of a consumer product company and a VC firm agree to a term sheet in July.

One Of Our Investors Just Closed Shop. What Should We Do?

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Q: What is the best path to take if a VC which has invested in my company closes down, but we have not exited and are still operating profitably ? What happens to the LLC entity that was formed at the time of investment? Do we ask the VC for our shares back or buy them back at a discount? . A (Brad): First, you need to understand what actually happened to your VC firm. There are lots of specific points in time to consider. Let’s start with two magic milestones – year 5 and year 10.

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What Should You Do When An Investor Asks You For A Business Plan?

Ask The VC

Dan Shapiro has an excellent post up titled What to do when an investor asks you for your business plan. In it he addresses something we missed in Venture Deals: Be Smarter Than Your Lawyer and Venture Capitalist. In the section where we discuss business plans, we say: “We haven’t read a business plan in over 20 years. Sure, we still get plenty of them, but it is not something we care about as we invest in areas we know well, and as a result we much prefer demos and live interactions….

What’s An LP Meeting Like?

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Hunter Walk, one of the two founders of Homebrew , a VC firm started in 2013, just wrote a great post about Homebrew’s first LP meeting. My partners at Foundry Group and I are LPs in Homebrew and we’re actually hosting Hunter and his partner Satya Patel in Boulder for dinner tomorrow night, followed by some office hours in Boulder on Tuesday. I love Hunter’s blog and his transparency about his experience as a VC. If you don’t know Hunter, he used to run Youtube at Google.

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I Invest In CEOs Who Are Learning Machines

Seth Levine's VC Adventure

On my run this morning, my mind drifted to a common characteristic of CEOs that I work with.

Issues with Equity Misalignment

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Q: In our startup we have 4 founders, two of whom are not full time. We’ve all put in a good sum of cash thus far. The two founders with the least equity happen to be the two tech founders. Some of us feel that we made a mistake when allocating shares in the beginning – there is one founder in particular who does not do any work, and he has the second-most equity (the split goes like this: 32%, 26%, 10%, 7.5% with the rest for employees + advisors).

When Should A Company Be Formed Around an Idea?

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Question: I participated in a company’s “app challenge weekend” (which they described as somewhere between a hackathon and a startup weekend). I am excited to continue working on the product that my team built over the weekend with 2 of the team members (my brother and the guy who pitched the idea). My preference is to formalize a relationship by forming a company.

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Baldwin: Advisors – Stop Screwing Startups

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Today’s post of the day comes from Micah Baldwin. Micah isn’t a VC – he’s an entrepreneur, CEO, and experienced mentor (he’s been involved in TechStars since the beginning.) He has a great rant titled Advisors Stop Screwing Startups. He makes several very important points about how advisors are screwing startups, why they should stop, and why entrepreneurs should take responsibility for 100% of their equity and be a lot more careful with it.

Does Being The First Full-Time Paid Employee Affect That Founder’s Equity In The Company?

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Question: I am one of three founders of a company. Up until now we have been bootstrapping the company from our own funds and working part time on the company while having full time jobs. However, we are now looking to raise some private funding and one of us will be transitioning to the first full time paid employee of the company. The question is, does being the first full-time paid employee affect that founder’s equity in the company? I can see two sides to this issue.

Stopping Writing For Other Web Sites

Seth Levine's VC Adventure

One of my goals, and a tactic for being happier, this year is Doing More By Doing Less More Deeply. To that end, I’ve decided to stop writing for other web sites and magazines. Over the past few years, I’ve expanded the “channels” that my original writing appears in.

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Real Transparency

Seth Levine's VC Adventure

Lots of people talk about being transparent. Lots of companies espouse principles of transparency.

Motorola Moto E Review: Full of Surprises

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Motorola pretty much broke the mould when it released the Moto G, an affordable smartphone with specs to impress. But, less than a year. later, it’s done it once again with the Moto E, a device that, on paper, redefines our. price expectations. It’s got a tidy set of features and it’s kind on the pocket, but how does the Motorola E really measure up? Key features. Motorola Review

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The 99 Investor Problem

Seth Levine's VC Adventure

When the JOBS Act was finalized, one of the rule changes that had a lot of fanfare around it was the increase in the number of shareholders a private company could have.

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Impact in Angel Investor Decisions

Seth Levine's VC Adventure

I’ll be speaking at an Impact Angel Group event on February 12th. With a few other angel investors, I’ll be talking to other angel investors, along with prospective angel investors, about the role of impact investing the community, as well as in our own portfolios.

My Message About The Singularity: Be Optimistic

Seth Levine's VC Adventure

I did a really fun hour long interview with Nikola Danaylov – who goes by Socrates – on the Singularity Weblog.

Pro-rata Rights For Angels

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Joanne Wilson (aka Gotham Gal ) has an outstanding post today titled Pro-rata rights. In it she makes two important points about angel investing. She won’t do a deal if the legal documents aren’t good. She won’t do a deal if she doesn’t get pro-rata rights. She then goes on to discuss a thing that happens continually in VC deals.

Where Are The Best Executive Programs and Crash Courses for Venture Capital?

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Q: As a rookie VC trial by fire is a great way to learn. Aside from crunching through some early deals, where are the best executive programs and crash courses for newbies to the VC world? A: While self serving, we recommend you start with our book – Venture Deals: Be Smarter Than Your Lawyer And Venture Capitalist. In addition, there are a bunch of courses now using the book that are referenced on the web that include additional materials that are helpful.

What Should I Do When Someone Expresses Interest In Acquiring My Company?

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I get asked this question many times in many different ways. Sometimes people are coy about it (“someone is expressing strategic interest – what should I do?”) ”) other times people are clear and direct (“someone wants to acquire my company – help!”). ”). David Cohen , the CEO of TechStars , has encountered this many times.

Nokia Lumia 625 review: Speed & style

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The Nokia Lumia 625 isn’t to be confused with similarly named Lumia models. Although it’s closely related to the 520 and 620, it comes with a host of features that look. much more towards the premium end of the spectrum. Giants like the Lumia 1020. are paving the way for the Finnish firm’s name, but how does the Nokia Lumia 625. level up? Key features 4.7-inch LCD. Nokia Reviews

Samsung Galaxy Tab 3 Review: Cut-Price Power

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Many tablets have price tags that match their large screen size, and can cost more than a lot of people are comfortable spending in one go. Not the Samsung Galaxy Tab 3, which is trimmed down in every way, featuring a 7-inch display and a cut-down price that makes it an affordable option that performs above its price. range. Key Features 7-inch TFT display. Samsung Reviews

HTC One Mini 2 Review: Hands-On

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After pulling off another successful launch with the M8, HTC is quickly back in the game with the HTC One mini 2. It looks to offer a similar experience in a smaller package, but how will it measure up? We managed to get some very brief hands-on time with the phone to see how it was looking… Key features 4.5-inch display. 1.2GHz quad-core processor. HTC Reviews

What Does A VC Mean When He Says Your Product Is “A Feature And Not A Company”?

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Question: What does a VC mean when he says your product is “a feature and not a company”? This (usually) means that the VC believes the opportunity you are pursuing isn’t a big enough opportunity for them to invest in. In other words, what you are building should be a feature to something else already out there, instead of a stand-alone company that will generate the type of returns that the VC is looking for.

Be Patient – It Can Take A Long Fucking Time

Ask The VC

I loved Bijan Sabet’s (Spark) post today titled Patience & Persistence. In it, he talks about how OMGPOP’s new game Draw Something is blowing up after nearly four years of making some, but not a ton, of progress. He starts out strong: “When you go to a tech meetup, tech party, or read tech headlines, it’s easy to get swept away into thinking things are soaring for a number of startups.

Model Cap Tables With VCHub

Ask The VC

A few days ago I answered a question on AsktheVC about modeling cap tables. After a quick email conversation with Jeff Boardman (founder of LearnVC ), I realize I had left his product off the list. Jeff has done a nice job building a site that both models a cap table and provides a lot of information to empower entrepreneurs both with educational resources and software tools.

CEO Bootcamp with Jerry Colonna

Seth Levine's VC Adventure

It’s really hard to be a CEO. Becoming a great CEO takes a lot of time, work, focus, coaching, and introspection. My very close friend Jerry Colonna is hosting his second CEO Bootcamp from April 2 – April 6.

How Often Do Employees Of VC-backed Startups Get Stock Options?

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Question: How often do venture-backed start-up employees (let’s say non-executives) get stock option grants? Besides the initial grant when they start, how often do “re-up” grants come? Should they be expected after further funding rounds? After significant accomplishments/promotions? Never? The short answer, at least in the US, is “most of the time.”

Sony Xperia M2 Review: Mid-range masterpiece

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Following the success of the recently released Sony Xperia Z2, there’s still a buzz around the Japanese company’s name. Now it’s introducing the Xperia M2, is this the answer for those that want Sony’s expertise without the high-end price tag? Let’s find out… Xperia M2 Key features 4.8-inch qHD display. 8 megapixel camera. 1.2GHz quad-core processor. Sony Reviews

Josh Breinlinger: Why VCs Lie

Ask The VC

I discovered Josh Breinlinger’s blog this morning via a tweet from @stefanobernardi. I added it to the Ask the VC blogroll and read through VCs are liars. And so am I. And – Josh is right – it’s super hard to say “you suck” or “your team sucks” as a reason for passing. I’ve written more about this in the post on Feld Thoughts titled It’s Hard To Tell Someone They Suck. VC Post of the Day breinlinger sigma vc post of the day

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How Do VCs Mitigate Risk In Their Investment Portfolios?

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Question: How do VCs mitigate risk in their investment portfolios? Are VCs simply looking to diversify the type and stage of companies in which they invest, or do they employ other financial hedging strategies? I’m not aware of VCs using classic financial hedging strategies. In many cases, they are prohibited from doing this by their LP agreements and/or investment documents in the companies when they make an investment.

Raouf: What Made Alex Ferguson a Great Manager

Ask The VC

Oopsie – we forgot to do the “best VC post of the day” for the last month or two. You might have thought there weren’t any great VC posts, but you’d be wrong. We were just being lazy. As with all good things that start up again on January 1st, we’ll try to get back in the “best VC post of the day” groove.

Spreadsheets To Model Cap Tables

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Question: One thing that I think would be incredibly helpful would be to have a spreadsheet showing how a cap sheet evolves under a set of financing rounds with the important variables parameterized so we can play with them. Having spent the past 15 years trying to come up with the definitive spreadsheet model for all cases, we’ve given up. It’s really hard to create the general case and actually using it is very difficult. So we don’t have a generic one to offer.

Is There More Than One Type Of Convertible Debt?

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Troy Henikoff and I had lunch a month or so ago in Chicago and the conversation turned to convertible debt. I’d recently made an offer to invest in a company Troy was an investor in and the entrepreneur and I got tangled up in the definition of pre and post money in the context of existing convertible debt. In this case there were multiple traunches of convertible debt at different valuation caps.