Term Sheet

Bambi Francisco was at TechStars Investor/Demo Day in Silicon Valley yesterday and did a short interview with me on how TechStars works. Mom – please listen to at least the

In 2005, my partner Jason Mendelson and I wrote a long series of posts describing all of the parts of a typical venture capital Term Sheet.  We started on 1/3/05

I love a good rant and Dave McClure has a doozy up titled VC’s & Tech Lawyers: Innovate, Automate, Simplify. Several years ago when Jason and I wrote our Term Sheet

In my first business, we didn’t have a line for EBITDA on our financial statement. We went straight to Net Income. We knew our cash flow from our statement of

I’ve gotten to know David Cohen and David Brown through our work together at TechStars. DavidC and I have talked a little about Pinpoint (the company that the David’s co-founded

A blog reader (Sam from – well – somewhere) pointed out a critically important new set of accounting principles called SAAP that are a replacement for GAAP and are described

One of my most popular blog series ever was on Term Sheets. I’ve been pondering another series for a while and a reader inspired me this morning to start one on

Bill Burnham has an excellent rant up on GAAP accounting titled Is It Just Me or is GAAP Completely Broken? In case you don’t know, GAAP stands for “Generally Accepted Acco

In 2005, Jason Mendelson (my partner and co-author of AsktheVC) wrote what has become an extremely popular series dissecting the “term sheet.” The feedback we got from it encour

Rick Segal is in the middle of a negotiation and is having some frustration with his co-investor – a “US VC” – around settling on a few terms that he