Tag

VC

Interview on Meet the Angels

Earlier this week I did a one hour interview on “Meet the Angels” sponsored by Tech Coast Angels (one of the LA Angel groups.)  It was supposed to live but for some reason there were some problems getting into the webcast.  It’s now up on the web – if you were trying to watch it…

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 I wrote the post from the perspective of a VC, not an entrepreneur.  As I mulled the comments over, I realized something very specific. If…

Addressing The VC Seed Investor Signaling Problem

One of the most common criticisms of VC investors making seed investments is something that has become known as “the signaling problem.”  The explanation of this problem is that VCs create a “negative perception” about a company if they make a seed investment but then don’t follow through and make a next round investment.  Another…

Serious Questions For Super Angels

Following is a post on super angels I wrote yesterday for PEHub. In the beginning, there were angel investors. And it was good. As individual angel investors made more and more investments, they became super angels. One day a super angel woke up and thought to himself, “Gosh, I could do a lot more investments…

VC Seed Funding Example: Trada

My partner Seth Levine has a detailed post up today titled Trada – from the beginning that describes the creation and financing of Trada. Foundry Group is the seed investor in Trada and Seth’s post describes one example of what I think is effective VC seed investing. The meat of the funding story follows: “Of…

How I Think About Seed Investing As A VC

Last week saw an explosion of discussion around seed investing, including plenty of negative comments around VCs as seed investors.  While I agree that many VCs are crummy seed investors, I think there are some that are excellent seed investors.  This prompted me to write a post titled AngelList Boulder and Some Thoughts on Seed…

The Buzz on Angel and Seed Investing Continues

Ah – well – another day passed and there was once again a ton of chatter around angel investing.  A lot of it was prompted by AngelConf 2010 which you can watch recordings of on Justin.tv (AngelConf 2010 Part 1 and AngelConf 2010 Part 2).  While there continues to be plenty of negative VC tone…

Metaphor: VC as a Produce Supplier

I was in a meeting with Rich Miner from Google Ventures on Friday with some entrepreneurs we are working with on a potential investment. While the team isn’t a rookie team, they’ve never worked with VCs before and they’ve been wrestling around the dynamics of how to interact with the two VCs in the room…

Google I/O Panel on VCs Who Code

The video from the second panel I was on at Google I/O 2010 – Technology, innovation, computer science, & more: A VC panel – is up.  Dick Costolo – the COO of Twitter – is the moderator and my fellow panelists are Albert Wenger, Chris Dixon, Dave McClure, and Paul Graham.  Someone didn’t like the…

Failing Fast at Standardized Seed Deal Documents

While some people hate the phrase “failing fast”, I find it instructive when it’s used to signify that one isn’t going to pursue a particular path in the context of a larger set of activities.  A few weeks ago, I wrote a post about The Proliferation of Standardized Seed Financing Documents. It generated several hundred…