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Your board should protect you!

Berkonomics

Even venture capitalists who sit on boards where they have significant investments often forget this point. They write in their investment documents that they will occupy a seat on the board for as long as they are invested in the company, thinking of this as a protection for their investment and tool for them to influence growth.

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Snap’s Yellow accelerator debuts its third batch of investments

TechCrunch LA

With its third class of startups, Yellow, Snap’s in-house startup accelerator that launched in 2018, brought investors and founders together in private slack channels after a live-streamed presentation. Snap investment Hardworkers. Yellow investment SketchAR.

Invest 237
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Los Angeles-based childcare and co-working startup Bümo adds more virtual classes for kids at home

TechCrunch LA

In April the company shifted its attention to virtual classes. These classes won’t so much replace kindergarten as provide a two-hour supplement to it. The company offers two-hour classes for two-to-five students twice per week. So far, about 100 students have enrolled in the program.

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10 Classes We All Should Take To Prepare For Business

Startup Professionals Musings

Throughout a career lifetime, just think of the return on that investment. Most classes in college focus on a narrow area of interest, which just teach students to focus on problems through one lens. People need realistic expectations about how much effort and time it takes to get just about any job. Job Hunting Basics.

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Fight for balance on your board!

Berkonomics

How about the size of the board? Email readers, continue here…] Some board members find themselves debating whether there should be an expansion from five to seven, from seven to nine or more to allow for such a mixture of protective seats created by the investment documents and balance with outside board members.

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How do you pay an early-stage board?

Berkonomics

You do not pay professional investors who are serving on behalf of an investment company or VC and paid by that company. If you have only one class of stock, the price is the same as the last investment price per share if no 409a appraisal. How about companies without intent to sell or IPO in future?

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Need money? Read this!

Berkonomics

Bootstrapping: This term describes your ability to start a business with little investment and grow it using internally generated funds. There is a lot to say about retaining control. Better yet, the valuation of your enterprise is often higher than if the same investment were taken from a professional investor.