Don't Forget To Bootstrap

I recently spent some time with a long time friend and entrepreneur who I’ve funded in the past. He’s working on a new company which I think is really neat

November 9, 2011 · 3 min · Brad Feld

Using Veri to Understand Term Sheets

For some time Jason and I have felt that VC’s have had an unfair advantage when it comes to understanding term sheets. So a few years back we wrote a

November 7, 2011 · 2 min · Brad Feld

SayAhh’s Revenue Projections

While Jane was building SayAhh’s revenue projections, Dick focused his attention on building the expense side of the projections. He procrastinated for a few weeks because he was deep in

October 28, 2011 · 4 min · Brad Feld

How Convertible Debt Works

Last night I gave a talk hosted by SVB at their Palo Alto office. It was part of the “Never Ending All Old Is New Again Venture Deals Book Tour.”

October 12, 2011 · 3 min · Brad Feld

SayAhh's Revenue Projections

Since last checking in with the SayAhh team, they have spent a few months consumed with building an early version of the product and speaking to potential customers, all the

October 7, 2011 · 3 min · Brad Feld

Is It Important To Understand Convertible Debt Terms?

Recently, several entrepreneurs and investors have asserted to me that they don’t think the terms on a convertible debt deal matter much. I was perplexed by the statement and asked

September 20, 2011 · 2 min · Brad Feld

Sayahh's Financial Statements For August 2011

Now that Dick and Jane have added a CTO to SayAhh’s founding team, they’ve turned their full attention to working on their product. Today, we’ll look at the impact of

September 16, 2011 · 4 min · Brad Feld

Introducing the Cap Table and Hiring the CTO

As Finance Fridays continues, we are introducing the concept of the Cap Table. We recognize that we are still at the very early basics stage, but as we are taking

September 2, 2011 · 4 min · Brad Feld

Overview of Balance Sheet and Statement of Cash Flows

When we were last with our SayAhh cofounders, they had implemented an accounting system and Jane had contributed $50,000 for a 55/45% equity split. This week we introduce two of

August 26, 2011 · 2 min · Brad Feld

Setting Up Your Accounting System

When we were last with Dick and Jane on Finance Fridays, our fearless entrepreneurs were figuring out how to split up their founders equity and account for an investment from

August 12, 2011 · 5 min · Brad Feld