Today’s great post is from Fred Wilson titled The Fiction of 20%. If you’ve ever negotiated with a VC, you’ve likely heard something like “I need at least 20% of the company to make the deal work.” Fred has a great rant on why this is – is in his words – rubbish.
Topic: Great Posts
Today’s great post is from Bill Burnham regarding his take on the potential tax changes how they may impact entrepreneurs as well. I think Bill makes some good points and clearly his interactive panel sounds like it was interesting, if nothing else.
Fred Wilson from Union Square Ventures has today’s great VC post up titled How To Get Attention From Your VC. And no – the answer is not to throw your oatmeal on the floor and wave your hands around while screaming at the top of your lungs.
Matt McCall of Portage Ventures has the VC post of the day up titled Term Sheet 101: Preferences. It looks like Matt is working on a Term Sheet 101 series which would go nicely with the Term Sheet series that Jason and I wrote a while ago on Feld Thoughts.
Today’s great VC post actually comes from a lawyer (who represents VCs and VC-baked companies). And he brings good news. (Does that ever happen?). Mike Sullivan, a former colleague of mine and a partner at Howard Rice has a post about new flexible ways of considering stock option grants.
Well – maybe more often than sometimes. Bill Burnham has the great VC post of the day up titled Understanding Why Your VC Is Acting Crazy. Simultaneously, in a deeply rational post, Peter Rip has a Being John Malkovich moment and lets us inside his head with his post titled The Teqlo Adventure.