We’ve gotten many emails over the past few days wondering how the meltdown is going to affect VCs and startups. The quick answer is "not much of an effect – so far." Just linking around, here are some posts that you might want to check out if you’d like to read more. Mendelson’s Musings: How […]
Q: We pitched to a venture group 3 times in July and August. They kept telling us that they were very interested and wanted to learn more about our venture so we shared complete details of our venture hoping that they would invest. Now for last 6 weeks they have gone completely silent. They used […]
Q: Can you please explain what sort of adjustments you should expect to the price that a VC promises in a term sheet between the signing of the term sheet and signing of a final stock purchase agreement (SPA)? A: (Jason) To answer your question, we first need to determine what the definition of "price" […]
Q: Can you please touch on issues associated with first round financings from corporate or strategic investors. Particularly when the strategic is a competitor. What are some of the pitfalls and opportunities associated with this type of an investor in an early stage company? A: (Jason) There are both potential positives and negatives taking money […]
Q: Everyone tells me the way to approach a venture capitalist I don’t know is through a friendly introduction from someone who already knows that VC. But what happens if I don’t have the connections to get that introduction? Am I screwed? A: (Chris) Every entrepreneur who has raised venture capital has heard it a […]
Today’s great post is from Paul Graham and is titled A Fundraising Survival Guide. Paul runs Y Combinator and has been involved in numerous early stage financings since starting Y Combinator several years ago. Worth a long, slow, and detailed read for any entrepreneur raising money for their startup.