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Archive for September, 2008

Recap of Mendelson’s Musings

I’ve been getting some emails regarding past series that I’ve written and why they can’t find it on this blog.

That’s because, most of what I’ve written / co-written prior to my blog has been on Feld Thoughts or AskTheVC.  So, here’s a small recap.

1. Term Sheet Series – go here

2. Compensation Series – go here

3.  409A Series – go here

Enjoy.

Update on "Stupid Patent Case of the Week"

A couple of weeks ago, I blogged about the "Stupid Patent Case of the Week."  The comments were much more interesting than the original blog, especially with some of the emotions that came out. 

By way of update, I received word tonight that one of the defendants (Monster.com) was released with prejudice after sending a nasty-gram to our "friend" Michael Powell threatening him with a frivolous lawsuit and also serving discovery on his current employer, Quinn Emanuel.

Mike’s response was to immediately drop the case against Monster.  Now, if that isn’t conviction about your case, I’m not sure what is.  Unfortunately, our defendant ended up spending some money on attorney’s fees (although not a horrible amount), while our lovely plaintiff got off free using his wife as his counsel.  Maybe it’s his turn to pick up the dry cleaning this week. 

Good luck to the rest of the defendants.

Y Combinator Model Seed Financing Documents

Given my discussions on Law Firm 2.0 and how to make legal services more efficient, I was happy to see someone take a stab at some model financing documents for seed deals. 

I’ve had several people ask me what I think of the Y Combinator documents.  In general, I like them.  I think they are fair and certainly would not be looked poorly upon by a venture capitalist that might fund the company down the road. 

As with any documents, there are going to be some changes to meet one’s particular needs, but I think these are as good as any from a starting point. AND NO, DON’T TAKE THIS RECOMMENDATION AS ME BLESSING THESE DOCUMENTS OR ACTING AS YOUR LAWYER.  (Sorry, I have to say that).

Good work, folks.  Every little bit helps. 

Restaurant Review: Colterra

For whatever reason, it has taken me 2 years to try Colterra in Niwot, just outside of Boulder.  In hindsight, it was a large mistake to wait so long.  I had the pleasure of eating dinner there on Saturday night with my CU Law colleague Brad Bernthal and was very impressed. 

First of all, I’m going to like any restaurant with a good cheese course and these folks will serve cheese as an appetizer or dessert.  (I know of one regular reader of this blog who would probably do cheese courses for both).  We ordered the Ossau Irraty and the Haystack Chevre.  Yummy. 

Appetizers included a wonderfully complex, yet familiar corn chowder and crostini that was baked just right.  Main courses were a super tasty rissotto with scallops and lobster claw and a ahi tuna that seemed like it was San Francisco, not Colorado.

The wine list was diverse and interesting as well.  The two negatives were mosquitos – we tried at first to eat outside and got eaten alive and the service, while competent, lacked a certain warmth that the food clearly exhibited. 

All in all a really nice experience and will try again.