Posted in the blog of Version One Ventures
Few decisions can be as life-changing for founders as deciding when to sell a business. Companies get sold for a whole host of reasons: founders break up; money runs out; shareholders force a sale. And in many cases, the financial upside of a sale is just too seducing for the entrepreneurs, particularly for first-time founders. (more…)
This post was written by Michael Cohen, CEO of Mati Ra’anana, and Robin Lovell, VP of Mati Ra’anana, and a member of the fresh venture capital stewardship program; connecting young technology entrepreneurs to select investors.
Entrepreneurs often fail at their first investment meeting. Here are five statements that turn off investors, and should be avoided if entrepreneurs would like to acquire investment: (more…)
Posted in Techvibes by Anonymous
So we all know the bubble has burst. Startups aren’t cool anymore. The term is overhyped now. And everyone wants to be one. (more…)
by Bob Ackerman, Founder and Managing Director of Allegis Capital
A term sheet can take many forms (a single page or up to 7 or 8), and if you’re a first-time entrepreneur, you’ll be confronted with terms and conditions that sound like they come from an alternate universe populated by lawyers. The term sheet is an outline of the eventual terms under which the investment will be made, so my preference from an entrepreneur’s perspective is for the more comprehensive term sheet covering all of the primary points of the investment negotiation. (more…)
by Firas Raouf, Venture Partner at OpenView Venture Partners
Of course you put your best foot forward when courting investment. But there are good reasons to be a bit more transparent, too. (more…)
by Walter Frick, Business Editor at BostInno
Some VC’s are better than others, that much might seem obvious. But it’s actually an important and somewhat novel finding. I’ve written before about the fact that the best VC funds tend to consistently outperform the rest, and noted that this sets the industry apart from other areas of finance, like mutual funds, where one year’s star performers are unlikely to stay on top.
In other words, research suggests that lots of finance rests in large part on luck. But that isn’t the case in venture capital.
A new paper from the National Bureau of Economic Research takes this a bit further, by looking not just at venture firms but at individual investors. And it finds “persistence” there, as well, meaning the best investors tend to do better than the rest over time. (more…)
The May 2013 edition of the C100 newsletter included a very interesting graphic showcasing Canadian technology success stories. It’s well worth a look.
For those of you who are not aware of C100 it was founded in 2010 by a group of successful Canadian expats working in Silicon Valley who came together with a common desire to support the next generation of Canadian technology entrepreneurs. The group hosts events and organizes mentorship programs that connect Canadian entrepreneurs with C100 Charter Members. This is a fantastic organization and a valuable addition to the Canadian tech scene. Make sure that you check it out and get involved.
The New York Times reports on the ways in which countries are using new immigration tools to lure foreign entrepreneurs currently working in Silicon Valley. Canada’s new “start-up visa” is featured prominently. Let’s hope this helps attract more talent to our shores.
To read the full article, click here.
By Guy Kawasaki
Someone once told me that the probability of an entrepreneur getting venture capital is the same as getting struck by lightning while standing at the bottom of a swimming pool on a sunny day. This may be too optimistic. (more…)
by Paul Graham
In the Q & A period after a recent talk, someone asked what made startups fail. After standing there gaping for a few seconds I realized this was kind of a trick question. It’s equivalent to asking how to make a startup succeed—if you avoid every cause of failure, you succeed—and that’s too big a question to answer on the fly. (more…)