People Are The Price of Admission

In my post recently titled Does VC Fund Differentiation Matter? several people commented on some variation of “people” as the key to everything. I don’t view people as differentiatio

August 31, 2017 · 3 min · Brad Feld

Does VC Fund Differentiation Matter?

I’ve met and emailed with many pre-seed and seed GPs in the past year. Over sushi last night with two of them, who are also long-time friends, one of them

June 14, 2017 · 4 min · Brad Feld

Ending Our FG Angels Experiment

After two years of a dedicated experiment, we’ve decided to stop making new investments via our FG Angels Syndicate. We’ve learned a lot, achieved some of our goals, but ultimately

January 5, 2016 · 6 min · Brad Feld

Are Individual Angel Investors Starting To Get Tapped Out?

I got the following question from a friend yesterday. “I’ve had a few conversations recently about how individual seed investors are getting kind of tapped out – for a variety

September 10, 2015 · 2 min · Brad Feld

Doing The Right Thing In A Recap

Six weeks ago I wrote a post titled The Silliness Of Recapping Seed Rounds. I described a situation that occurred in one of our FG Angels investments that I thought was short sighted

August 28, 2015 · 3 min · Brad Feld

The Silliness Of Recapping Seed Rounds

Here’s the scenario. A company raises $2m of seed money from angels in a convertible note with a $6m cap. Assuming equity is raised at or above that cap, the

July 14, 2015 · 4 min · Brad Feld

Launching FG Angels To Make Investments on AngelList

This morning my partners at Foundry Group and I announced that we are going to make 50 seed investments of $50,000 each on AngelList between now and the end of

October 1, 2013 · 3 min · Brad Feld

Entrepreneurs: Just Say No To Super Pro-Rata Rights

On Friday, I saw a tweet from Chris Sacca about super pro-rata rights that said “Seeing a lot of VCs cram super-prorata terms into deals. Feels uncool to me. Any

September 26, 2011 · 5 min · Brad Feld

What Percentage of 2010 Seed Deals Won't Raise The Next Round?

There have been a number of thoughtful “early warning sign” posts in the past few days including one from Fred Wilson (Storm Clouds), one from Mark Suster (What Angel Investing

November 16, 2010 · 4 min · Brad Feld

Entrepreneurs Dislike Signaling; VCs Dislike Free Riders

I was thinking more about my post from yesterday titled Addressing The VC Seed Investor Signaling Problem.  There were a bunch of good comments that caused me to realize that

September 8, 2010 · 4 min · Brad Feld