I’ve been thinking a lot about racism for two reasons. First, Mrs. T. and two of our children went down to Washington DC for spring break. At one point, they were walking around town, and an older person muttered loudly, “They train those little Orientals for war from a young age.” It’s an interesting comment because
Raising VC money: how to negotiate the legal documents
This is the seventh post in a Friday series on “raising VC money.” I’ve really enjoyed writing these posts and to have an opportunity to interact with many folks. Thank you for the encouragement! Today, we’ll cover the topic “how to negotiate the legal documents.” So, you’ve successfully pitched the VC and his partners (more
The new market for seed financings
I was on a panel this morning at the Cambridge Innovation Center (many thanks Ben Hron and Rick Lucash) with NEVCA’s C.A. Webb and NextView’s David Beisel. A lot of entrepreneurs had questions about the new JOBS Bill and the crowd-sourcing opportunities it may create for seed financings. The discussion made me realize again that the early-stage
An interesting weekend
One of our investors invited me to attend their annual retreat, which occurred this weekend. They asked me to speak about VC trends and investment themes. This investor has a very unique and special structure. Basically a number of very wealthy families came together and jointly hired an elite investment staff to invest their capital
A “Star Trek moment”
I am flying home right now from a business conference. The flight has wifi. On a lark, I decided to FaceTime the family on my iPad. I couldn’t believe it. It worked! It is pretty to cool to have a video chat with the wife and kids while I’m flying at 38,000 feet and going
Raising VC money: how to negotiate a term sheet
This is the sixth post in a Friday series on “raising VC money”. For the list of topics we are covering, click here. In this post, we’ll focus on “how to negotiate a VC term sheet.” Let’s say that after interacting with a VC, you’re at last invited to the all-critical partners’ meeting (more here)