Term Sheet Purgatory

There’s a lot of advice about (1) how to attract VCs, and (2) how to negotiate a venture capital term sheet. Both sets of advice tend to ignore the gap between an investor’s expression of investment interest and your startup’s receipt of the term sheet. I refer to this waiting

Read more

Series A Startup CEO Salary

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

Read more

Austin Ventures to Invade Dallas on 2/24

Austin Ventures is holding their “AV Entrepreneur Hours” in Dallas on Wednesday, February 24. AV Entrepreneur Hours is a chance for early stage entrepreneurs (particularly those in the internet and software space) to dictate casual conversation with the VCs from Austin Ventures in a casual environment. AV plans to have

Read more