Occassionally, a startup will get a term sheet from an angel with a pre-money valuation less than the investment amount (i.e., the angel wants control of the startup). And “control” isn’t just defined as a majority of the shares of the company — if the angel asks for approval of
Tech Wildcatters will be showcasing their first graduating class of startups July 29th @ 1pm. Location: The Magnolia – 3699 McKinney Avenue, Dallas TX Program: 1:00pm — Welcome and Introduction to Tech Wildcatters 1:30pm — Keynote by Charlie Feld 2:15pm — Break 2:30 pm — Presentations by the TechWildcatters Class:
If you follow this blog, you know that I think convertible debt is a good structure for a startup’s angel round. The main feature of the convertible note is that the debt investment made by the angel investor will typically later convert into equity. For this article, let’s assume this
For the past 2 years, Dallas Startup Happy Hour has hosted thousands of entrepreneurs who have made connections and even formed startups out of the event. Now it is time to mix it up and provide even more value to the Dallas startup community: New Venue: ShopSavvy’s new facility in
A startup’s Series A financing shouldn’t be a large liquidity event or salary payday for the startup’s founders. While a startup typically receives millions of dollars in a Series A, if too much of that $$$ flows guaranteed to the founders, various incentives get out of whack. Not all startup
Startup Happy Hour is held the first Monday of every month and is open to all Dallas – Fort Worth area startup founders, startup employees, investors, and people thinking about doing a startup. The free drinks are an added perk. As a courtesy to everyone in attendance, we ask service
Brad Feld will be in Dallas this Friday and will put on a “Beers with Brad” event at Lotus. I’m pretty sure Brad is the hottest celebrity to hit Lotus since Britney did in 2009. So Dallas, let’s put on a good event and make Brad believe Dallas (his hometown)
Several weeks back, 37signals asked “Employment Contracts: What are they good for?” on Signal vs. Noise. Basically, they questioned the value of their employment contracts since they have never had an employment dispute: “Why have we become so dependent on lawyers to control every relationship inside our companies? Why is
Since I moved from thestartuplawyer.com to startuplawyer.com, my organic visits have been down 80%. I usually get about 400 visits per day from search and now I’m floating around 100. I’ve done a 301 re-direct and a change of address via google’s webmaster tools. I know it might take some
Here’s the presentation slides from Startup Weekend Los Angeles: Startup Weekend Los Angeles View more presentations from startuplawyer.
