Tag: Venture Capital

  • 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 period as “term sheet purgatory.”…

  • Interview with Mike Brown Jr. of AOL Ventures

    I had the chance to chat with Mike Brown Jr., Founder and Partner at AOL Ventures, a few weeks ago. I’ve known Mike for a few years now and during the conversation I asked if we could turn the chat into a formal interview for this blog. He graciously obliged and the following Q&A about…

  • Series A Startup CEO Salary

    A startup’s CEO’s $500,000 Salary Burns Startup Into Fire Sale. The Importance of Startup CEO Salary The startup community focuses most of the term sheet discussion on liquidation preferences and anti-dilution, but startup CEO salary is nonetheless an important issue. According to Peter Theil, Startup CEO salary is a predictor of a startup’s success: “The…

  • 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 10-12 slots for quick 20-30…