Archives / August, 2011

If An Entrepreneur Has Children, Does It Impact Funding Decisions?

Question: What is your take on entrepreneurs who have young children or otherwise active family lives?  Is this a factor in funding decisions?  I try to live with a family-first mentality but find it hard to compete with young unattached entrepreneurs who can put startup-first. My answer is simple – this shouldn’t be a factor…

Roberts: You Can Never Size a Market in Excel

Bryce Roberts (OATV) totally nails it in his post titled You Can Never Size a Market in Excel. The punch line is: “In every single case that I’ve seen this question (“how big can it get”) persist over more than 2 meetings, it has NEVER been resolved. NEVER.” There’s plenty of great stuff in the post…

Are People Who Claim To Be “VC Brokers” Legit?

Question: We are looking early stage funding for our startup and came across some people claiming to be “VC Broker”. Is there such a concept in the investing world? It’s highly unlikely that they are legit. I’ve never heard the specific term “VC broker” before and generally don’t think much of people who represent to early…

Wilson: Pricing A Follow-On Venture Investment

It’s Monday and that means – yup – that Fred Wilson (USV) once again claims the VC Post of the Day due to his excellent MBA Mondays series titled Pricing A Follow-On Venture Investment. In it, Fred walks through an example, with real numbers, of how USV thinks about valuing an inside-led round for a…

When Financings Fall Apart

Rand Fishkin, the CEO & co-founder of SEOmoz, has an long, thorough, and incredibly detailed blog post up about The $24 Million Moz Almost Raised. Rand does an awesome job of providing extensive details while maintaining confidentiality of the participants. The story covers the full lifecycle of the VC fundraising process, beginning with Rand and his…

Suster: Avoid Monoculture

Mark Suster (GRP) gets the VC post of the day with his post Avoid Monoculture. Travel. Read Widely. Let Experience be Your Compass. It’s a really great post to read just before the weekend to remind you to make sure you are living your life and constantly exploring new things, rather than just being heads down on…

Checklist For Launching A Startup

I ran across a dynamite set of posts for anyone launching a startup. It’s summarized at If I Launched A Startup and includes stuff on incorporation, founders stock, vesting, NDAs, and some other useful things. If you are launching a startup, go check it out.

Sheehan: Putting Together Your Perfect Seed Round

Today’s VC Post of the day is from Chris Sheehan (Common Angels) titled “Putting Together Your Perfect Seed Round.” Chris and his colleagues are active seed investors in New England (primarily Boston and New York) and have great perspective on the dynamics of the composition of a seed round. Chris has also been very supportive…

Levine: Should The Current Market Environment Change Your Fundraising Strategy?

Today’s VC Post of the Day is from my partner Seth Levine (Foundry Group) and is titled Should the current market environment change your fundraising strategy? I think it’s right on the money and captures / synthesizes much of the valid advice flying around from VCs and pundits about how entrepreneurs should think about fundraising right now. Do yourself…

Model Cap Tables With VCHub

A few days ago I answered a question on AsktheVC about modeling cap tables. After a quick email conversation with Jeff Boardman (founder of LearnVC), I realize I had left his product off the list. Jeff has done a nice job building a site that both models a cap table and provides a lot of…