I blogged about the rumors in the past, but Google made it official yesterday and announced the launch of their own venture capital fund. Reports are that Google will commit about $100MM to the fund. According to their blog post, they plan on investing in other sectors than just Internet
I haven’t died nor abandoned this blog. Nor did LegalZoom adultnap me after my last article. My day job has kept me busy, but that’s not why I haven’t been posting. In lieu of writing, I’ve been planning the evolution of this blog which for now is comprised of 2
Thinking of saving some cash and using LegalZoom to incorporate your startup? Think again. While incorporating with LegalZoom is a viable option for some new businesses, LegalZoom comes up way short for startups. LegalZoom just doesn’t offer the documents a typical startup needs: Shareholders Agreement? Nope. Stock Purchase Agreements? No.
2 quick announcements: (1) Fort Worth Startup Happy Hour tonight at the Flying Saucer. Starts at 5pm. (I hope you don’t have to speak Klingon to get in.) (2) Vote for Big In Japan in the Mobile Monday event in Spain. I’ll also have another announcement about this blog soon…and
TechStars released a set of model seed funding documents that they use as a staring point for their seed stage financings. The model seed funding documents include: Term Sheet. This sets out the terms of the proposed seed investment into your startup and alsos include the proposed cap table (reflecting
I frequently get requests from clients to be a beta tester for their software. Normally I don’t participate in beta tests because frankly I am not tech savvy enough to figure out what is going on. But today my iPhone is playing beta tester because the team at Big in
Back in January, I wrote a post about how entrepreneurs should always stay ready for potential opportunities (rather than get ready once they pinpoint one). Well, today seems like the appropriate day to provide a real-world example of staying ready. I met Jared Retkofsky in the fall of 2008. Jared
It is bound to happen eventually, right? A venture-backed company will break the drought and find an exit via IPO. Well, OpenTable filed with the SEC and is looking to raise up to $40MM in an initial public offering. If successful, OpenTable will be the first venture-backed IPO in several
I’ve blogged before about the benefits of incorporating in Delaware. Thus, I was somewhat shocked to see the Deal Journal blog about how Delaware is becoming another victim of the credit crunch. I never thought about how much revenue Delaware receives from its Division of Corporations, but the article contained
TechCrunch just posted some charts regarding the utter lack of venture-backed exits in 2008. In summary, 2008 saw 6 venture-backed IPOs (down 93% ) and 260 merger & acquisition deals (down 27%). And as you might expect, the prospects aren’t that great for 2009. So what does this mean for
