Pascal Levensohn has been the ringleader of a group of 22 Venture Capitalists who have just released a white paper titled “A Simple Guide to the Basic Responsibilities of VC-Backed Company Directors” The white paper can be downloaded here. Since its release last week there has been some commentary on this project which Pascal has […]
Today’s Great VC Blog of the Day comes from my partner Seth Levine. The title of Seth’s post – Clarity – says it all. While there are lots of ways to say it, like “Say What You Mean”, “Be Direct”, “Don’t Obfuscate Reality With Lots of Chatter”, “Don’t Beat Around the Bush”, “When You Want […]
Question: How do you find a good law firm? Which one’s can help me get in touch with VCs? Our Take: There are many good law firms out there doing start up work. What used to be seen as solely a costal practice, has now permeated through out the country. Most major cities have at least one […]
Today’s great VC blog of the day comes from Matt McCall who writes about The Myth of 51%. As most early stage entrepreneurs know, the notion of “control” is an elusive one that ultimately kicks in when your company starts generating positive cash flow and you no longer need any capital from your investors. As Matt eloquently […]
Question: How important is speaking to product management to a VC? While most do not sit on the management team, do you like to interact with them regularly? Our Take: Absolutely. VCs like to interact with all major functional heads of the company whether they are operations, finance, engineering, marketing, sales, product development and management, […]
Question: A partner and I have presented a business opportunity to a private investor. After significant due diligence on both sides, and agreement in principle of terms, the investor has requested for us to present a term sheet. Where do I go from here? Our Take: It’s somewhat irregular for the company to issue the […]
Get in touch using the form below.