Understanding the Valuation Math on the VC Term Sheet
Let’s pretend for a minute that the economy we’ve known and understood for the past ten years is back: we’re allowed out of the house, business is booming, and you’re ready to take your show…
Let’s pretend for a minute that the economy we’ve known and understood for the past ten years is back: we’re allowed out of the house, business is booming, and you’re ready to take your show…
I learned long ago that creating a culture of integrity and transparency within an organization starts by setting up a good governance structure from the beginning. I am not a control freak. However, I expect…
I’ve always told founders and investors alike that, while the term sheet is the Holy Grail for entrepreneurs, not all the terms are created equal. I discussed term sheets in this post in my series about the…
Entrepreneurs are brilliant innovators, but they may find themselves little more than upscale panhandlers when they’re ready to get their product or concept to market. Enter the fairy godmother — the venture capitalist — bursting…