term sheets

term sheets

After A 15-Minute Coffee Meeting, An Investor Offered This 21-Year-Old Founder $500,000

www.businessinsider.com
Josh Miller is the 21-year-old CEO of a buzzy little startup called Branch. He recently raised a big seed round of financing, $2 million, from top-tier angel investors like TechStars' David Tisch, Foursquare investor Rick Webb, and Twitter cofounder Evan Williams. Like many founders these days, Miller has been hit...
After A 15-Minute Coffee Meeting, An Investor Offered This 21-Year-Old Founder $500,000

Hitting the fan: The ugly details of the latest YouTube studio conflict

gigaom.com
Things have gotten ugly in the contract dispute between YouTuber  Ray William Johnson and his former production company Maker Studios. Recall that Johnson said in October he was leaving Maker Studios — a move the company attributed to declining viewership. Now, Johnson has hit back with a different explanation on Newmediarockstars.com,...
Hitting the fan: The ugly details of the latest YouTube studio conflict

Ask An Expert: Meet WilmerHale's Jennifer Berrent

betabeat.com
Sponsored by FedEx Many thanks to everyone who participated in last week’s live video chat session with James Wahba, CEO and cofounder of Projective Space. If you did not have a chance to connect, make sure to check out his videos. This Friday our expert Jennifer Berrent, a partner at...
Ask An Expert: Meet WilmerHale's Jennifer Berrent

A VC Just Left His Firm For A Startup Because He 'Wanted To Be On The Right Side Of The Market'

www.businessinsider.com
This week we met with a former investor, Jordan Elpern-Waxman. He recently left his position at Genacast Ventures, a seed stage firm that partners with Comcast Ventures. We asked him why he resigned. He said he did so for a startup. In particular, Waxman said he wants to be on...
A VC Just Left His Firm For A Startup Because He 'Wanted To Be On The Right Side Of The Market'

Disrupt Hackathon Winner Docracy Adds Collaborative Editing And Signing Capabilities To Github For Legal Documents

techcrunch.com
There are a number of websites that offer form legal documents to users. But it can be difficult to complete the next step of the process of establishing a will, or forming a company, when it comes to actually editing, and signing these documents online. Docracy, which won the Disrupt...
Disrupt Hackathon Winner Docracy Adds Collaborative Editing And Signing Capabilities To Github For Legal Documents

VC Competition

uncrunched.com
Business Insider published a follow up to my post yesterday on acqui-hires. It’s a little bit snarky, which is fine because it’s just the writer trying to find an angle to add his own thoughts. But there’s an interesting part at the end where Nicholas Carlson says “Also, remember, Arrington...
VC Competition
Startups: Money Orgies: Investors Who Love Them, and Entrepreneurs Who Don’t

Geek Humor: The greatest VC holiday greeting ever combines Gangnam Style with Call Me Maybe

www.geekwire.com
All, I can say is wow! First Round Capital, the New York-based venture capital firm, certainly set the bar high in terms of its holiday greeting this year. In one of the more ambitious displays we’ve seen, the firm featured members (and in some cases entire teams) of each of...
Geek Humor: The greatest VC holiday greeting ever combines Gangnam Style with Call Me Maybe

Series Seed Documents–With an Assist From Andreessen Horowitz–to Help Entrepreneurs With Legal Hairballs

kara.allthingsd.com
Series Seed Documents, templated term sheets for entrepreneurs to use for seed-stage deals, will be launched today, part of effort by Silicon Valley lawyer Ted Wang and pushed by venture capital firm Andreessen Horowitz. The point: So new entrepreneurs don’t waste time and money negotiating often unnecessarily complex term sheets....
Series Seed Documents–With an Assist From Andreessen Horowitz–to Help Entrepreneurs With Legal Hairballs

A Startup You've Never Heard Of Called Supercell Is Suddenly Worth $600 Million

www.businessinsider.com
Somewhere in Scandanavia there's a startup. And investors think that startup is worth a lot of money. Supercell is a two-year-old company that is cashing in on iOS games. Titles include Hay Day and Clash of Clans, and the company frequently appears in the App Store's top grossing chart. According...
A Startup You've Never Heard Of Called Supercell Is Suddenly Worth $600 Million

The Tech Accelerator Epidemic Has Hit New Jersey

www.betabeat.com
(techlaunch.com) It's fair to say that tech accelerator programs are launching, well, frequently now, all with the same basic template. Between Blueprint Health, DreamIt Ventures and Entrepreneurs Roundtable, Betabeat can barely keep up with the demo days just here in New York. It's difficult to say who started the craze;...
The Tech Accelerator Epidemic Has Hit New Jersey

Beats Buying Up Music Service MOG

paidcontent.org
Beats Electronics, the headset manufacturer founded by rapper Dr. Dre and now majority owned by HTC, has reportedly bought online music service MOG though the deal is not final, according to a new report from AllThingsD. We confirmed yesterday that HTC had swapped term sheets with MOG in the...
Beats Buying Up Music Service MOG
Do Unsolicited Term Sheets Ever Work?
Say what? How much did MOG sell for? What is Spotify valued at now?
Convertibles: Great cars, bad vehicles

10 Startups To Bet Your Career On

www.businessinsider.com
When you learned that Facebook's IPO would produce more than 1,000 millionaires, admit it — you were jealous. All of those employees hit the startup jackpot. Predicting which early stage startup will become the next Google or Facebook is impossible. But if you are ready to take a career...
10 Startups To Bet Your Career On

Rumor Roundup: The World's Most Cheapskate VC and 57 Is Spotify's Unlucky Number

betabeat.com
I’ll Take Stingy for $5, Alex We’ve heard of venture capitalists who drive a hard bargain when it comes to their term sheets, but not so much when they drive off Sand Hill Road. So we were dismayed to learn that a VC at a very prominent 36-year-old venture capital...
Rumor Roundup: The World's Most Cheapskate VC and 57 Is Spotify's Unlucky Number
Dave McClure, Risk Taker

Portland's Act-On Software lands $16 million

www.geekwire.com
Act-On Software, a Portland-area startup that helps companies automate marketing campaigns, just scored $16 million in venture capital financing. This latest round, led by Silicon Valley’s Norwest Venture Partners, doubles Act-On’s VC total to $32 million, The Oregonian reports. Trinity Ventures, US Venture Partners and Voyager Capital — all existing Act-On investors...
Portland's Act-On Software lands $16 million
Paul Graham's 'lowball' accusation of Google Ventures may hide an ulterior motive

Because It's Standard

www.avc.com
Case studies are true stories that teach lessons. And one of the great lessons I got in my career was care of a lawyer named Morty. This is a reblog of a post I wrote in Feb 2007. I thought about it last week in an email discussion with a...
Because It's Standard

AngelList Launches Docs To Help Startups Sign And Close Seed Rounds Online With Low Legal Fees

techcrunch.com
There’s no doubt that AngelList has evolved into an incredibly powerful (and disruptive) platform in the investing world. The hybrid social network, communication and crowdsourcing platform allows startups to access investors, and has also become a resource for investors looking to boost dealflow and connect with other investors. But while...
AngelList Launches Docs To Help Startups Sign And Close Seed Rounds Online With Low Legal Fees

OMGPOP’s resurgence draws interest from investors, acquirers abound

www.insidemobileapps.com
A couple months ago, OMGPOP CEO Dan Porter had his speaking proposal rejected by Game Developers Conference, the big industry conference this week in San Francisco. This week, he’s practically swimming in term sheets. The company’s Pictionary-like game Draw Something has been an unbelievable home run, delivering 10 million...
OMGPOP’s resurgence draws interest from investors, acquirers abound

Rumor: Zillow In To Buy RentJuice For $45 Million

techcrunch.com
Between gossip and rumors and gossip and more rumors, the Silicon Valley day-to-day is so dramatic Bravo is turning it into not one but two TV shows. No joke. That doesn’t convince you? Well, how about this? Anyways, I’m in the middle of tracking down a huge funding story but...
Rumor: Zillow In To Buy RentJuice For $45 Million
The Chef from Lure Fish Bar, a Techie Power Lunch Spot, Now Has His Own Startup

How-to learn about angel/vc term sheets

www.gabrielweinberg.com
How-to learn about angel/vc term sheets

This Guy Turned Down A $500 Million Offer For His Startup And Is Thrilled About It

www.businessinsider.com
Imagine being 33 years old, looking a half a billion dollars in the face, and saying "no." That's exactly what Qualtrics CEO Ryan Smith did last spring. After about a decade of hard work, the cloud survey business he, his dad, and brother built was on fire and the venture...
This Guy Turned Down A $500 Million Offer For His Startup And Is Thrilled About It
Cucumbertown Nabs $300K From FarmVille Co-Creator, AngelList's Naval Ravikant To Build A Dribbble For Chefs & Recipes
Funding Daily: Silicon Valley Is Burning

LOVE IT!!! PEhub busts pay-for-play “Hugh Sloan III”

calacanis.com
I love this… Go PEHUB!!! j http://www.pehub.com/64163/the-underbelly-of-silicon-valley-vc-finders/ Random Ramblings We’ve spent lots of time here discussing pay-to-play, in the context of public pension officials and the placement agents who bribe them. But there is percolating pay-to-play issue that we’ve only mentioned in passing: The issue of VC conference organizers who...
LOVE IT!!! PEhub busts pay-for-play “Hugh Sloan III”
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