Monthly Archives: July 2011
Startup Valuation: Sometimes Less is More. Part II
In an earlier Blog – Part I of this series – I explained that as tempting as it may be for an entrepreneur to take money from an overzealous investor at a scary high valuation, in the long run the … Continue reading
The Space Shuttle: A Fond Good Riddance
The title of this piece might suggest that I am a space skeptic. In fact, far from it. If I were in charge, we would be spending more on space, and making serious plans to get to Mars by the … Continue reading
Startup Valuation: Sometimes Less is More. Part I.
A good rule of thumb when you are selling something is to sell it to the highest bidder. Alas, if you are an entrepreneur selling a stake in your startup company, this seemingly self-evident rule is subject to a number … Continue reading
Thinking about the Next Round
For many less experienced entrepreneurs, the search for that first round of outside capital is so all-consuming and stressful that it is hard for them to imagine that a subsequent capital campaign could be any more difficult. More experienced entrepreneurs … Continue reading
Friends, Family and Your Startup Business
Turning to friends and family for financial support for a high impact startup is a popular move for many entrepreneurs, particularly in places where seed stage professional risk capital sources are few and far between. A common and justified worry … Continue reading
Pay to Play: Its About Breakfast
Among the many variously simple and arcane provisions of venture capital term sheets, one of the more mysterious to many less experienced entrepreneurs and investors is the so-called “Pay to Play” provision. The mechanics of Pay to Play are reasonably … Continue reading
Pajones1's Blog 