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On Bubbles … And Why We’ll Be Just Fine

Both Sides of the Table

I will write more about this in the next 2 weeks. But that doesn’t mean that people are paying rational prices as investors based on intrinsic value. Rational people can disagree and some may argue that today’s prices are rational and under-pinned by economic drivers. I believe that. That’s fine.

Pricing 309
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When Should You Allow Exclusivity in Deals?

Both Sides of the Table

I must admit I discuss this very frequently with portfolio companies but hadn’t thought to write about it. Excite, MSN and eventually Google. As a startup this is often the one true source of strong leverage in a negotiation to: Get a better price, get a longer-term commitment, get PR commitments and so forth.

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Angel Investing: Skill 3 – Relationships with VCs

Both Sides of the Table

Let’s call these cards 1996-99 and 2005-08. In the latter case many companies (Flickr, Delicious, Blogger, Writely, etc.) My thesis on why this is happening is that large tech companies didn’t invest enough in R&D between 2008-2010 (Google even went through layoffs!!!) got picked up early without raising a lot of VC.

Invest 152
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This Week in VC Episode 6 with @Jason Calacanis: Best One Yet

Both Sides of the Table

Clearly a startup should consult its lawyer before filing or not filing.But the attorneys I relied on to write this piece told me that they’ve done lots of Section 4(2) deals in the past, and would recommend it to clients who had relatively simple financing agreements (not tranched-out, not too many investors, etc.) Short answer: no.

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Angel Investing: Skill 3 – Relationships with VCs

Both Sides of the Table

Let’s call these cards 1996-99, 2005-08 and 2010+. In the latter cases many companies (Flickr, Delicious, Blogger, Writely in 05-08 and lately Invite Media, Aardvark, Dodgeball, etc.) My thesis on why this is happening is that large tech companies didn’t invest enough in R&D between 2008-2010 (Google even went through layoffs!!!)

Invest 284
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How to Decrease the Odds That Your Startup Fails

Both Sides of the Table

The questions that a VC mulls before writing a check are precisely the questions you should be asking yourself. So when Sam Rosen came to me with the idea of disrupting storage with a product that is priced cheaper than existing incumbents and he could build a product that is a better service I was intrigued. Market Size.

Startup 150
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A Few Key People Really Can Make a Huge Difference

Both Sides of the Table

When I saw what BuddyTV is working on and how long they’ve been the market (since 2005) I realized that this has huge potential to help disrupt the television market. When you start a company in the Bay Area you can often get your first biz dev deal done with Google, Facebook, Salesforce.com, eBay, Yahoo! No Dave S. =