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Bad Notes on Venture Capital

Both Sides of the Table

Me: At what price? Him: It wasn’t priced. So you did raise with a price. It’s just a maximum price. 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. We raised a seed round.

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The Best Entrepreneurs Are Hyper Competitive & Hate Losing

Both Sides of the Table

This is part of my series on what makes an entrepreneur successful. I originally posted it on VentureHacks , one of my favorite websites for entrepreneurs. I started the series talking about what I consider the most important attribute of an entrepreneur : Tenacity. Entrepreneurs play to win and they take losing seriously.

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Great Entrepreneurs are Masters of Business Chaos

Startup Professionals Musings

I “second the message” that chaos never subsides, from a couple of successful entrepreneurs, Clate Mask and Scott Martineau, in their book “ Conquer the Chaos.” Once they see you have developed credible traction, they can grab your space with less cost (meaning lower price) than you had to put into developing it. Your income drops.

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Entrepreneurs Who Fear Chaos Risk An Early Demise

Startup Professionals Musings

I second the message that chaos never subsides, from a couple of successful entrepreneurs, Clate Mask and Scott Martineau, in their book “ Conquer the Chaos.” Once they see you have developed credible traction, they can grab your space with less cost (meaning lower price) than you had to put into developing it. Your income drops.

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How to Work with Lawyers at a Startup

Both Sides of the Table

I recently read a post over on VentureHacks titled, “ Top Ten Reasons Entrepreneurs Hate Lawyers &# written by Scott Walker (who blogs on legal issues for entrepreneurs ). Shame about not getting it in legal writing that you owned the original IP. I know that people have an allergy to lawyers out of fear of being screwed.

Startup 318
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What is it Like to Negotiate a VC Round?

Both Sides of the Table

” Today I want to talk about how a VC thinks about equity pricing on your round and particularly if you’re coming off of a convertible note. Of course investors care about controls (board, protective provisions, IP assignments, non-solicitation) but these are all pretty standard. Size of my check. No problem.