Both Sides of the Table

NOVEMBER 13, 2014

Helped merge company with Seedling – on track to do $20 million combined revenue in 2015 – will now become Chairman). People often ask me what VCs look for when we hire partners and many have asked how to become VCs themselves one day. That turns out to be much more difficult than non-investors often imagine.

Partner 408

Partner Las Vegas Los Angeles Baltimore 408

K9 Ventures

OCTOBER 10, 2017

Unless every aspect of product development is covered by founders who are only receiving equity, there are other parts of building a product that will require hiring highly qualified people. Seed is the new Series A. (~$2M used get for building product, establishing product-market fit and early revenue). Series B is the new Series C.

Seed Stage 82

Seed Stage Finance Later Stage Equity 82

grasshopperherder.com

SEPTEMBER 24, 2011

I think it’s difficult, if not impossible, to value a pre-revenue company with any reasonable accuracy. The company did have some revenue and paying users, but not enough to make any judgement on the company’s future prospects. Out of fairness, that’s why they wanted to hire me, to fix that issue. Non-compete.

Sweat Equity 41

Sweat Equity Equity Cofounder Non-Compete 41