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What Did I Learn From the First VC Check I Ever Wrote?

Both Sides of the Table

We not only have our Series A funds that can write $500k?—?$15 If you invest early and then pull back in the next 3 rounds your multiples on cash invested are much higher than if you keep writing checks. Defensible IP becomes insanely valuable?—?particularly 15 million first checks but we also have three growth funds.

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Remind Me Why I Love You? (Why “In Person” is Everything)

Both Sides of the Table

I then had to review a nefarious IP lawsuit filed against another company and help the CEO figure out whether we should just pay it or join forces with the other companies named and fight it. I left the meeting and had to attend a 3-hour board meeting where two founders have been fighting and each want the other one fired.

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How to Work with Lawyers at a Startup

Both Sides of the Table

When to get a lawyer - If you plan to be a venture or angel backed technology company (what I mostly write about) the best time to start meeting and getting to know lawyers is long before you ever start your company. I write about some of the lessons in my post on Startup Mistakes. Many people start companies arse backwards.

Startup 318
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Interview with Chris Lyman and Corey Brundage, SendLove.to

socalTECH

Effectively, what Corey and I are trying to do, is distill the course of opinions on the web, and turn that into a consumable format. Instead, what we have tried to do, is turn the social web into a sort of representative democracy. When you stick that plugin on a blog you are writing, it scans the article for names.

Startup 174
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Interview with Steve Jillings, TeleSign

socalTECH

Telesign provides authentication services for the largest web companies in the world. A real simple example, is someone comes to register for a particular web service, puts their name, and contact information into a site, and our clients asks them for a valid phone number. We primarily use the telephone security method.

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Why You Should Embrace Opposing Views at Your Startup

Both Sides of the Table

Albert Wenger from Union Square Ventures wrote a great post the other day that reminded me I’ve been meaning to write about this topic. In general, we seem to be building too many positive re-enforcement systems on the web. I talked to one company who had build really differentiated IP and had great customer traction.

Startup 313
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Ten Rookie Startup Mistakes You Won’t Make

InfoChachkie

Thus, follow the guidelines outlined in IP – Worthless To A Startup and only spend significant time and effort protecting your intellectual property when it is clear what you are trying to protect. 5) Allow Partners To Write Your Agreements. 5) Allow Partners To Write Your Agreements. 3) Attempt To License An Idea.

Startup 242