Dallas Idea Week is taking place next week. There’s a list of events too long to individually list on this blog, but you can check them out here. Be sure to check out the CoHabitat + TEDxSMU Mobile Salon October 12th @ 6pm and the launch of Digital Dallas October
“What bet did you lose?” “Did we get sued?” “Who died?” These are some of the wisecracks I get from startup clients when I show up to their office wearing a suit. And since most of my clients wear flip-flops to work, I probably should know better than to wear
Advisors are great for startups. They can provide your startup with guidance on a wide range of topics and typically take a seat on your startup’s advisory board. But sometimes a person who gives your startup infrequent, casual advice will broadcast to the world that he or she is an
It’s been a pretty busy summer and with the football season fast approaching, becoming more productive during the week is crucial. Thus, I bought a laptop exercise bike for my office from FitDesk. I gave it a test cycle and it was pretty sturdy, and most importantly, it was quiet.
Just like the preferred equity financing process, the convertible debt financing process can start with a term sheet, rather than a full set of financing documents. A convertible note term sheet is beneficial because it postpones a lawyer from cranking out a full set of docs until consensus is reached
The first Startup Weekend Austin is set for the weekend of September 10-12th and will take place at CoSpace. I’ll be one of the Friday night speakers. What: Startup Weekend Austin Where: CoSpace, 911 West Anderson Lane #203, Austin, TX 78757 When: September 10th at around 5pm (the pitches will
Startups don’t want to wait until every investor is ready before closing on a seed financing round. First, the roster of investors will not be identified and/or cutting checks on the same day. Second, what startup wants to wait on cash? Therefore, most seed financings allow for an initial close
The Dodd-Frank Wall Street Reform and Consumer Protection Act probably won’t fix or prevent anything, but it was successful at modifying a portion of the definition of an accredited investor. Official Language in the Dodd-Frank Act: ———- SEC. 413. ADJUSTING THE ACCREDITED INVESTOR STANDARD. (a) IN GENERAL.—The Commission shall adjust
Most, if not all, startups desire mentorship from those that have “been there before.” But have you thought of doing some mentoring yourself? The Big Brothers/Big Sisters program is (always) in need of mentors… especially male mentors. Boys routinely wait over a year for for a big brother match. When
I’ve noticed a lot of recent articles promoting that a startup can “skip the lawyer” and incorporate via an online service. These sites typically list about 20 incorporation tasks they’ll do for your startup for around $250 plus the applicable state filing fees. Sounds like a great deal, but there
