The Start-up Guru
Paul Graham’s business school and investment fund, Y Combinator, has launched 145 companies — for a lot less money than you would think.
Content: Thought Leader | Authors: Max Chafkin, Paul Graham | Source: Inc. Magazine | Subject: Entrepreneurship
A VC’s Advice On How To Pitch VCs
Raj Kapoor gives entreprenuers advice on how to pitch VCs. Kapoor knows both sides of the equation. For the past five years, he’s been a VC at the Mayfield Fund. Before that he founded the photo site Snapfish, which he sold to Hewlett-Packard.
Content: Article | Author: Raj Kapoor | Source: TechCrunch | Subject: Entrepreneurship
Thoughts on Taking Venture Money
Roger Ehrenberg attempts to answer a fundamental question for entrepreneurs: whether or not to take venture money, and if so, from whom?
Content: Article | Author: Roger Ehrenberg | Source: Information Arbitrage | Subject: Entrepreneurship
The Small Business Management Knowledge Base
This reference guide is designed to serve as a comprehensive small business management manual. It contains numerous topics that cover most aspects of small business management. You will find here hundreds of guides, worksheets and tips that will give you solutions to almost every problem or situation you can possibly encounter in the course of operating your business.
Content: Online Resource | Author: Meir Liraz | Subjects: Reference / Search, Small Business
TechStars Model Seed Funding Documents
David Cohen, founder of TechStars, and Brad Feld worked closely with Cooley Godward Kronish, LLP to put together a set of “Model Seed Funding Documents” that anyone can use. There are five primary documents in the set:
* Term Sheet
* Articles of Incorporation
* Bylaws
* Subscription Agreement
* Election Consent
Of course, these are just example documents so all legal disclaimers about usage apply … [ Read more ]
Content: Online Resource | Source: Feld Thoughts | Subjects: Entrepreneurship, Legal
WSGR Term Sheet Generator
This tool will generate a venture financing term sheet based on your responses to an online questionnaire. It also has an informational component, with basic tutorials and annotations on financing terms. This term sheet generator is a modified version of a tool that we use internally, which comprises one part of a suite of document automation tools that we use to generate start-up and venture … [ Read more ]
Content: Online Resource | Source: Wilson Sonsini Goodrich | Subjects: Entrepreneurship, Legal
The Funded Publishes Ideal First Round Term Sheet
TechCrunch gives an overview of and link to a new basic term sheet for use by investors and founders, authored by Adeo Ressi, founder of The Funded, a site where people rate venture capitalists .
Content: Article | Author: Adeo Ressi | Source: TechCrunch | Subjects: Entrepreneurship, Legal
Startup 101: ReadWriteStart’s Serialized “How to Build a Startup” Book
“Startup 101” is a serialized book about the thrills and spills of starting a Web technology venture. Startup 101 is for first-time entrepreneurs who want to go through the whole startup life cycle – including raising money, building a valuable business, and making a lot of money by selling the venture or taking it public.
This series is designed for Web technology startups. But if you … [ Read more ]
Content: Article | Source: ReadWriteStart | Subject: Entrepreneurship
Startups in 13 Sentences
Paul Graham offers startups 13 pieces of advice.
Content: Article | Author: Paul Graham | Subject: Entrepreneurship
How Entrepreneurs Spend Their Days
Clusters of Entrepreneurship
Employment growth is strongly predicted by smaller average establishment size, both across cities and across industries within cities, but there is little consensus on why this relationship exists. Traditional economic explanations emphasize factors that reduce entry costs or raise entrepreneurial returns, thereby increasing net returns and attracting entrepreneurs. A second class of theories hypothesizes that some places are endowed with a greater supply of entrepreneurship. … [ Read more ]
Content: Article | Authors: Edward L. Glaeser, Giacomo A.M. Ponzetto, William R. Kerr | Source: Harvard Business School (HBS) | Subjects: Economics, Entrepreneurship
Good Question! The Eight Best Questions We Got While Raising Venture Capital
VCs are good at asking questions. They are unimplicated in your dumb decisions, unmoved by your original sense of mission and far less concerned than you that a blunder could bankrupt you. They re-imagine your business in terms of all the other businesses they’ve seen, pulling the arms off one doll and the head off another to create a perfect money-making Frankenstein. And since the … [ Read more ]
Content: Article | Author: Glenn Kelman | Source: TechCrunch | Subject: Entrepreneurship
New Private Equity Fellowship For Minority MBA Graduates Launched
The Carlyle Group and the Robert Toigo Foundation will launch a private equity MBA fellowship intended to attract minority MBA candidates to the sector.
Content: Prospective MBA Content | Subjects: Venture Capital, Women & Minority MBA Issues | Industry: Finance / Banking
Crash Course on Venture Capital
Jason Mendelson gave a 25 minute presentation at a Silicon Flatirons event and then held an hour town-hall question and answer session. So, if you are interested in what goes through a VC’s head, check out the video. You can also see the presentation slides at:
Content: Multimedia Content | Author: Jason Mendelson | Subject: Entrepreneurship
25 Excellent Social Media Sites for Entrepreneurs
Are you an entrepreneur who has been seduced by social media tools such as Twitter, LinkedIn or Facebook? If so, you may realize the benefits of displaying your resume, finding and staying in touch with business partners, employers and customers, and learning new information through these basic tools.
If you don’t use a variety of basic social media tools for networking, then you’ll learn a few … [ Read more ]
Content: Article | Source: The Biz-learner | Subjects: Entrepreneurship, Free Stuff / Tools
Rita Gunther McGrath
One of the biggest differences between a core business and an entrepreneurial one is what colleagues and I have termed the difference in the Assumption:Knowledge ratio. Businesses with a low ratio – such as your core – can be managed conventionally. In such situations, the measure of a good plan is how close results came to expectations, and failure rates should be low. In a … [ Read more ]
Content: Quotation | Author: Rita Gunther McGrath | Source: IESE Insight | Subjects: Entrepreneurship, Management, Strategy
In VC deals, Price Doesn’t Matter – But The “Promote” Does
VCs have an unfair advantage when it comes to financings. They simply have more experience doing deals.
One area that has always struck me where this asymmetrical relationship comes into sharp focus is when there’s a discussion around the price of the deal. Entrepreneurs often mistakenly focus solely on the pre-money valuation while VCs look at multiple knobs in the negotiation to drive … [ Read more ]
Content: Article | Author: Jeff Bussgang | Source: Seeing Both Sides | Subjects: Entrepreneurship, Venture Capital
Key Steps Before Talking to Venture Capitalists
Some entrepreneurs may not be familiar with raising institutional capital to grow their businesses. Expansion plans beyond common organic growth are typically dependent on personal investments from company founders, friends, family, and occasionally from banks or the government.
Even in regions where it was once scarce, venture capital (VC) is becoming a more important option to raise new money – especially in high … [ Read more ]
Content: Article | Source: Intel Capital | Subject: Entrepreneurship
Best Practices for Conducting a Search: Panel Discussion
Search fund entrepreneurs and investors discuss how to conduct a search to maximize the probability of finding and closing an attractive acquisition. Panelists are Rafael Somoza (MBA ’96), Robert Befidi, Jim Southern and Rich Kelley (MBA ’89). Moderated by David Dodson (MBA ’87), Lecturer for Entrepreneurship Through Acquisition.
Content: Related Content | Sources: Stanford University, YouTube | Subject: Entrepreneurship
Randy Komisar
Entrepreneurial leaders need to be a little bit deaf and a little bit blind. By definition they’re trying to do something that defies the common view. They have to be inured to skeptics. They have to believe that their vision is true and they can make it happen. But if they are too deaf and too blind they won’t learn from the market or their … [ Read more ]
Content: Quotation | Author: Randy Komisar | Source: Leader to Leader | Subject: Entrepreneurship
