March 3, 2010

NVCA Argues Against Parts of the “Restoring American Financial Sustainability Act”

Today, I received notice that the NVCA has formally rejected two parts of this lengthy-titled bill.  (You just have to love the names they put on these bills).  Don’t let ...
February 14, 2010

Have You Used Our Term Sheet Series?

Brad and I are thinking about updating our Venture Capital Term Sheet Series. We’ve heard over the years from folks that they’ve used our series to teach classes.  We are ...
February 11, 2010

Microsoft Does The Right Thing.

Yesterday I posted about Young Startup Ventures trying to rip off Boston-based entrepreneurs. Today, I’m pleased to report that after hearing of the pay-to-pitch requirements of Young Startup Ventures, Microsoft has ...
February 10, 2010

Watch Out Boston, a Rip Off is Coming to Town (Young Startup Ventures)

Apparently, our work to weed out unscrupulous venture events is not done.  Today, I learned that Boston entrepreneurs will be the next victims to be fleeced out of their cash ...
December 17, 2009

Three things NOT to do when you are pitching me

Today has been a busy day meeting companies.  2-3 a day is about average for me, but today I’ll hit double digits. Several of the teams today exhibited red flag issues ...
November 16, 2009

Why Don’t Venture Capitalists Tell You Why They Won’t Invest?

Today, I was asked through AskTheVC the following question: ‘”Why don’t VCs tell you the reason why they don’t invest? Any feedback would be useful. It’s just plain rude.” I figured that ...
August 13, 2009

When A Down Round Isn’t So Bad (Unless you are a VC)

All of us in the startup eco-system hear about the “evil” down round or “cramdown” financings that happen.  These days, the noise level around this financing dynamic is increasing, not ...
March 19, 2009

Time to Reboot Venture Capital Deal Structures

Edwin Miller of Sullivan and  Worcester recently published an article called Time to Reboot the Basic VC Deal Structure, in which he argues that we should radically change the way ...
February 10, 2009

Model Seed Documents – Direct From Techstars

Ever since Brad and I created our term sheet series, we’ve been regularly asked "okay, so what do some model documents look like?" Well, today, our friends at Techstars posted their ...
December 14, 2008

What’s The Value Of My Startup?

I regularly get questions concerning how venture capitalists value companies.  In fact, there seems to be an increase in the frequency of this question to me personally and through AskTheVC.  ...