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What Do Boards Actually Do?

Both Sides of the Table

I read commentary or Twitter or blogs and realize that there are also strongly held convictions that there are these evil VCs who do terrible things to mostly altruistic founders. Boards are not appointed to be founder-friendly lapdogs for the 1–3 founders who start companies and usually own the largest equity positions in the company.

Startup 217
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Venture capitalists ‘like and subscribe’ to influencers

TechCrunch LA

First it was street-style photography, then came the launch of her popular fashion blog WeWoreWhat. The startup has already secured a seed investment from Maveron and CRV, TechCrunch has learned, and will receive another $150,000 in exchange for 7% equity upon entering YC next year. million Series A led by Puma Private Equity, a U.K.-focused

Platform 170
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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 ). I write about some of the lessons in my post on Startup Mistakes. Shame about not getting it in legal writing that you owned the original IP.

Startup 318
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Biotech Roundup: ASCO, BIO, Drug Setbacks, Incubators & More

Xconomy

—If Jim Greenwood railing like King Lear in the storm isn’t entertaining enough, two notorious biotech characters have once again inspired the imagination of creative types. Ed Silverman at STAT reported the analyst note first. The new prices don’t reflect rebates and discounts.