In our next posting in the Board Package Series, Chris tackles what he deems (and I agree) as the least interesting board material that finds its way into the package: Board Administrative Issues. There’s no getting around it—there’s always going to be administrivia that a board of directors has to deal with, so your goal […]
Question: When you evaluate startups to invest in what are the key qualities and what emphasis do you place on it? Is management as high as 50% or more? Every young venture capitalist learns several cliches about how important either (a) the team is or (b) the idea is. Unfortunately for the young venture capitalist, […]
Question: Hey Guys, I’m new to the CEO gig and want to keep my angel investors informed with some sort of regular communication…Maybe a quarterly or even monthly letter. What kind of things should I put into it? What are they going to want to hear about? How do I keep from saying something stupid, […]
I read a lot. I often review books on my Feld Thoughts site but Venture Capital and the Finance of Innovation by Andrew Metrick seemed more appropriate for AsktheVC. If you are interested in how venture capital works, this is a superb book. It’s broken into four parts – the first two are invaluable, the third […]
Question: We are in the process of raising angel money ($500,000) to be followed by 1 or 2 rounds of institutional money. We’ve heard many times that the less number of angels that you have the better it will be when it’s time to sort the details of the following rounds. We are not sure […]
(Brad) Dave Naffzinger has another excellent post up on Startup Stock Options titled Vesting Schedules & Acceleration. I’ve written about vesting plenty of times and gotten plenty of comments thanking me for the VC view but suggesting that the entrepreneurs view might be different. Dave is a co-founder and early employee of several companies – […]
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