Coming off the high of a manic Monday in the tech business, Jason and I have decided to follow our Term Sheet series with a new series scintillatingly called “Letter of Intent.”  Deals like eBay / Skype (wow – what a deal – congrats to DFJ, Bessemer, Index, and especially the Skype guys) have to […]

Several months ago, I posted about Pascal Levensohn’s great white paper titled “After the Term Sheet: How Venture Boards Influence the Success or Failure of Technology Companies.” This is a must read for any entrepreneur who is raising or has raised venture capital, as well as every VC. Pascal is now working on a new […]

In the “best entrepreneur gossip blog post” of the day category, Alan Meckler and the guys from LightReading.com give a public example of the issues in the intellectual exchange that Tom Evslin and I had around Serial Monogamy and No Shop Agreements. Alan bitterly congratulates the LightReading.com guys for their sale to CMP for $30 […]

Earlier this week I did a brief post on the “no shop agreement” that is a common feature in a term sheet.  I compared signing a no shop to the construct of serial monogamy in a relationship.  I had a couple of comments (one that was intellectual, one that was a little harsher and painted […]

Seth Levine has a guest blogger on his site today contributing to his M&A series – his friend Daniel Benel, a corp dev exec at Verint Systems (NASDAQ: VRNT).  Daniel’s post is well worth reading – he covers three topics that fall in the category of “things sellers try to tell buyers that a sophisticated buyer […]

Yesterday, I received an interview request for an Inc. Magazine article concerning angel investing.  The article is being driven by a recent survey by George Washington University that found 58% of venture capitalist respondents said that angel involvement “sometimes” or “mostly” makes a company unattractive. The main reasons given were that angels tended to give […]

Several people have recently asked me variants on the question “How should I compensate a board member in my young private company?” I’ve experienced this question from all sides, having been the entrepreneur with an early stage company, a board member of an early stage company, and an investor / VC in companies that had […]

When I was a kid, whenever my mom said something like “Brad, you sure do have a mouth”, I’d usually respond with “You better fucking believe it.”  (which usually elicited a grimace from her, but I know she was laughing inside).  I love giving talks, speeches, and being on panels (although I hate sitting in […]

I just received an email from a blog reader asking for a recommendation for a book that addresses the “importance of intellectual property with regard to building successful technology companies.” I’ve read several IP-related books in the past (one of the guest lectures I used to give at MIT Sloan School for 15.351: Managing the […]