Monthly Archives: May 2013
Thoughts on Why Good Venture Investors Turn Down Good Deals
If you know anything about venture capital investing, you probably know that most plans that come across the desks of venture capitalists (and angels, for that matter) are not fundable. That is, they are of so little merit that no … Continue reading
Understanding the Limits of Convertible Debt Seed Financing Structures
While Convertible Debt with a “kicker” of some sort (typically either in the form of warrants or a discount on the conversion price) was first used primarily as a structure for bridging companies between rounds of traditional venture capital financing, … Continue reading
Act 255 Tax Credits and …. Convertible Equity
Active angel and venture investors in Wisconsin are generally familiar with Act 255, a state law that provides a tax credit for investors in the equity of qualifying emerging technology businesses. In cases where an investment is made before a … Continue reading
Thoughts on Convertible Debt Valuation Caps
Convertible debt with an equity kicker – typically either in the form of warrant coverage or a discount on the conversion rice – is a common vehicle for seed stage financings. As people on both sides of these deals have … Continue reading
Entrepreneurs with (Bad) Attitudes
Many high impact entrepreneurs have outsized personalities. They combine a big ego with incredible creativity, drive and energy. Pretty much all of them that I have known have had at least one serious personality … quirk. That said, there are … Continue reading
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