Venture Fund Economics Series

I thought you should know that Fred Wilson is currently posting a fantastic series about Venture Fund Economics on his wildly-popular venture capital blog, “A VC.” So far, Fred has written about venture fund gross and net returns and how venture funds may have one deal that pays off so

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Dallas Startup Happy Hour

I attended the Dallas Startup Happy Hour (sponsored by SpringStage) last night. This was the second time I attended but this one was especially great because I got to bring along one of my clients who is working full-time on his startup. He got a much-needed break from coding and

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What is a Pre-money and Post-money Valuation?

When a startup raises capital, valuation is main economic term that must be tackled. The two main ways valuation is expressed in venture capital financings are what’s known as the “pre-money valuation” and the “post-money valuation”. The startup’s valuation immediately before the venture capital investment is called “pre-money valuation” while the startup’s valuation immediately after

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Google Planning to Launch Venture Capital Fund

The Wall Street Journal, Yahoo, and VentureBeat are reporting this morning that Google is currently putting the pieces together to launch an internal venture capital arm. This isn’t the first time rumors have swirled about Google launching a venture capital fund, but the speculation is increasing based upon Google’s hiring

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A Primer on LLCs

The limited liability company (LLC) is a relatively new legal entity which got its start in the late 1980s. As the name implies, an LLC provides limited liability to its participants called “members” while containing the assets and operations of the business enterprise. Please keep in mind that LLCs are

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Reverse Breakup Fees: More Trendy than the 3G iPhone

It looks as though private equity buyers better get used to seeing reverse breakup fees and other seller-friendly provisions in their merger agreements. TheDeal.com details how reverse breakup fees are becoming industry-standard provisions in private equity LBO deals in a new article called “Desperately Seeking Certainty:” Starting with the 2005

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