Managing New User Satisfaction On A Daily Basis
Brad Feld discusses a very simple operant conditioning loop framework for increasing conversion which uses a binary measurement for each new user – they are either healthy or unhealthy.
Editor’s Note: This is a short read that more or less echoes the ideas found in a detailed article by Myk Pono.
Content: Article | Author: Brad Feld | Source: Feld Thoughts | Subjects: Customer Related, Marketing / Sales
A Scaling Magic Trick
Brad Feld offers simple but useful advice on hiring for senior leadership positions in a fast-growing startup.
Content: Article | Author: Brad Feld | Source: Feld Thoughts | Subjects: Entrepreneurship, Human Resources
Startup Communities: Building an Entrepreneurial Ecosystem in Your City
“Startup communities” are popping up everywhere, from cities like Boulder to Boston and even in countries such as Iceland. These types of entrepreneurial ecosystems are driving innovation and small business energy. Startup Communities documents the buzz, strategy, long-term perspective, and dynamics of building communities of entrepreneurs who can feed off of each other’s talent, creativity, and support.
Based on more than twenty years of Boulder-based entrepreneur … [ Read more ]
Content: Book | Author: Brad Feld | Subject: Entrepreneurship
Venture Deals: Be Smarter Than Your Lawyer and Venture Capitalist
Beginning in 2005, Brad Feld and Jason Mendelson, managing directors at Foundry Group, wrote a long series of blog posts describing all the parts of a typical venture capital Term Sheet: a document which outlines key financial and other terms of a proposed investment. Since this time, they’ve seen the series used as the basis for a number of college courses, and have been thanked … [ Read more ]
Content: Book | Authors: Brad Feld, Jason Mendelson | Subject: Entrepreneurship
Brad Feld
I strongly believe that a founder should be able to explain what they do in one paragraph. I’m not a believer in the “one sentence mashup approach” (e.g. we are like pinterest + groupon + facebook for dogs). Rather, I like three sentences: (1) what we do, (2) who we do it to, and (3) why you should care. Sometimes this can be two sentences; … [ Read more ]
Content: Quotation | Author: Brad Feld | Source: Feld Thoughts | Subject: Entrepreneurship
Model Cap Tables With VCHub
Jeff Boardman (founder of LearnVC) has done a nice job building a site that both models a cap table and provides a lot of information to empower entrepreneurs both with educational resources and software tools. In addition to modeling a cap table and ownership of the company, Jeff’s software helps answer questions like “if I sell for $100M, how much money does everyone receive.”
In addition, … [ Read more ]
Content: Online Resource | Author: Brad Feld | Source: Ask the VC | Subject: Entrepreneurship
Finance Fridays: Getting Started – Allocating Equity and Founder’s Investment
Finance Friday’s gets off the ground with today’s post by introducing you to an imaginary startup, the entrepreneurs that we’ll being following throughout the series, and their first challenges: splitting up the founders’ equity and addressing the case where one of the founders provides the initial seed capital for the business.
Content: Article | Author: Brad Feld | Source: Feld Thoughts | Subject: Entrepreneurship
The Proliferation of Standardized Seed Financing Documents
Venture capitalist Brad Feld counts four different standardized seed financing documents floating around the industry (click through for links to each) and would like to see that consolidate to one truly standardize set. Thus, he has decided to try to get a handful of lawyers in a room and try to come out with one set of documents. Who knows if he will succeed but … [ Read more ]
Content: Article | Author: Brad Feld | Source: Feld Thoughts | Subject: Entrepreneurship
What’s The Best Structure For A Pre-VC Investment?
Sophisticated VCs are used to having angel investors as early investors in your company. Your life will be made easier if you treat the angel investment as a real investment and document it legally as such.
Content: Article | Author: Brad Feld | Source: Feld Thoughts | Subject: Entrepreneurship
The 80-19-1 Rule
Brad Feld postulates a different way to view the Pareto principle.
Editor’s Note: you’ll probably want to read the prior and external posts he mentions to get the full benefit of this entry.
Content: Article | Author: Brad Feld | Source: Feld Thoughts | Subject: Miscellaneous
Feld Thoughts: Posts on Letters of Intent
Following up on the Term Sheet series, the Feld Thoughts blog offer a series on the Letter of Intent. As stated in the first post, “Deals have to start somewhere, and often the first real ‘document’ that gets negotiated after the foreplay turns serious is the infamous letter of intent…This sometimes delightful and usually non-binding document (except for things like a no shop agreement) is … [ Read more ]
Content: Online Resource | Authors: Brad Feld, Jason Mendelson | Source: Feld Thoughts | Subjects: Entrepreneurship, Legal, Venture Capital
To Participate or Not (Participating Preferences)
VC Brad Feld tries to explain the notion of participating preferred (a maligned and typically hotly negotiated issue in many venture capital investments), how it works, and its financial and emotional impact on a deal.
Content: Article | Author: Brad Feld | Source: Feld Thoughts | Subjects: Industry Specific, Venture Capital
Do 58% of VCs Think Angel Involvement Is Unattractive – Nope!
“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.
…During the interview, I was asked three specific questions. The questions and my answers follow”
Content: Article | Author: Brad Feld | Source: Feld Thoughts | Subjects: Entrepreneurship, Venture Capital
When Are 350 Million Shares No Different Than 35 Million?
VC Brad Feld answers the following question:
“At my company, we’re looking at recapitalizing from 3.5 million shares to 35 million (and contemplating 350 million). The reason is pretty straightforward (although we might be way off base here): we want to create “more shares” so that as we roll out our stock option plan there is some enhanced psychological value in “getting more shares,” for … [ Read more ]
Content: Article | Author: Brad Feld | Source: Feld Thoughts | Subjects: Entrepreneurship, Venture Capital
Feld Thoughts: Posts on Term Sheets
A series of blog posts by Brad Feld (a VC) explaining various aspects of term sheets to entrepreneurs.
Content: Online Resource | Author: Brad Feld | Source: Feld Thoughts | Subjects: Entrepreneurship, Venture Capital
Compensation for Board Members
VC Brad Feld offers a set of simple rules for board member compensation in young private companies.
Content: Article | Author: Brad Feld | Source: Feld Thoughts | Subject: Entrepreneurship