Remove 2001 Remove entrepreneurs Remove venture capital
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Bad Notes on Venture Capital

Both Sides of the Table

On the phone … Me: So, you raised venture capital? Convertible notes have both features in them but for some reason entrepreneurs don’t understand it. It’s like we need a finance 101 course for entrepreneurs. It’s like we need a finance 101 course for entrepreneurs. We raised a seed round.

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Venture Capital Q&A Session

Both Sides of the Table

We received so much positive feedback from our This Week in Venture Capital show walking through valuation calculations & term sheets that we decided to do a Q&A show this week to address topics that entrepreneurs want to learn about. on the entrepreneur side of the table) when I raised at too high of a price.

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The Changing Venture Landscape

Both Sides of the Table

how on Earth could the venture capital market stand still? One of the most common questions I’m asked by people intrigued by but also scared by venture capital and technology markets is some variant of, “Aren’t technology markets way overvalued? And the truth is that several entrepreneurs prefer it this way.

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Want to Know How VC’s Calculate Valuation Differently from Founders?

Both Sides of the Table

Back in 1999 when I first raised venture capital I had zero knowledge of what a fair term sheet looked like or how to value my company. Due to competitive markets we ended up with a pretty good term sheet until we needed to raise money in April 2001 and then we got completely screwed. Back then VentureHacks didn’t exist.

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The Yo-Yo Life of a Tech Entrepreneur – A Cautionary Tale

Both Sides of the Table

TechCrunch Europe ran an article in November of last year that European startups need to work as hard as those in Silicon Valley and I echoed the sentiment in my post about the need for entrepreneurs to be maniacal about their businesses if one wants to work in the hyper competitive tech world. We were based in London.

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Time is the Enemy of All Deals

Both Sides of the Table

A reminder that it is important for all entrepreneurs is to remember to be careful about “deal drift.” It quickly became impossible to raise venture capital. I lived through this again September 2001. It isn’t even a story about raising venture capital or M&A. Anybody who didn’t close was dead.

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This Week in VC with @VCMike Hirshland of Polaris Ventures

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One of the most difficult things to do as a first time entrepreneur is to get to know the investors you might be working with if you accept money. He got into the industry through the same traits required for entrepreneurs – persistence & resiliency. This lasted from about 2001-2004. Founded in Sunnyvale, CA in 2001.

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