Anatomy of a Term Sheet

The title of this .pdf article is a bit misleading – it does include a sample VC term sheet (which is very useful) but it doesn’t give any kind of in-depth explanation of its sections. Also, the term sheet comes at the end of the document.

Editor’s Note: the beginning includes an overview of the VC process. Although it’s a good overview, you can get … [ Read more ]

FrugalFun.com

At the site, you’ll find articles and tips on marketing on a budget. I find the site disorganized and the search feature is not focused enough. You may want to jump to the ‘Down To Business: A Magazine for Entrepreneurs and Marketers’ link on the right-hand side of the page. Here you will find the closest thing to an organized selection of many … [ Read more ]

Tech’s Top Venture Investors (2001)

The engine of innovation still hums, despite a wretched year that saw several hundred startups go bust and upwards of 700,000 tech jobs disappear. Proof of that comes straight from the source: the members of our second annual Midas List, the elite 100 venture capitalists, angel investors, entrepreneurs, lawyers, bankers and recruiters who nurture and steer the tech economy.

Venture Capital – An Overview of the Basic Issues and Challenges for Entrepreneurs

An excellent .pdf document looking at the history, process, and particulars of the venture capital world. Written for the benefit of entrepreneurs seeking VC funding, so as you would expect it offers very practical advice for how to deal with VCs.

Stock Options and Related Plans

This easy to navigate site from the National Center for Employee Ownership (NCEO) offers articles, research, publications, meetings and links to other resources – all focused on stock options (note: they also have a section on ESOPs)

vFinance.com

“Since 1995, vfinance.com has been recognized as the #1 global portal for companies in need of capital and private investors seeking quality deal flow. Take a few minutes to explore our site: you’ll discover a wide selection of FREE investment banking and venture capital resources. As well as premium services designed for serious investors.”

Editor’s Note: I really like their VCSearch, in particular the ability to … [ Read more ]

NVST Private Equity InfoBase

NVST, publishers of well-known journals in the private equity field including Buyouts, Mergers and Acquisitions, and Venture Capital Journal offer valuable free information on its Web site. (Access to its print publications and research studies require a paid subscription.) The Private Equity Infobase is a library of articles on topics of interest to entrepreneurs, especially in the area of raising capital. The articles themselves come … [ Read more ]

There’s Still Too Much Venture Investing

A somewhat topical piece on VC but offers an interesting historical perspective on VC spending levels and associated returns.

Mind the Perils of Organizational Growth

You’ve managed to overcome the early problems of survival, but now how do you build the business? Many firms face the same challenges. Prof. Donnellon provides insights and solutions on key problems like:

  1. Finding experienced people
  2. Affording the people you want
  3. How to effectively organize your people
  4. preserving an effective culture

The Downside to the Upside

Venture Capitalists Always Find Something To Complain About

Money maketh the Internet firm: how funding impacts culture

A quick look at culture implications of the three primary funding models for startups:
– Self-funding from the entrepreneur’s personal resources and “friends and family”
– Funding from venture capital firms
– Funding from larger corporate and governmental agencies

Howard Aiken

Don’t worry about people stealing your ideas. If your ideas are any good, you’ll have to ram them down people’s throats.

The Smart VC: Don’t get jerked around

At a time when most entrepreneurs will jump like trained poodles to be rewarded by venture capitalists, Reed Taussig refuses to say, “How high?” He has created his own set of rules for VCs who want to work with him.

The House that Branson Built: Virgin’s Entry Into the New Millennium

Anyone can make music, but when the orchestral baton rests in the hands of someone like Richard Branson (entrepreneur of the Virgin Group), the resulting sound is more than musical – it’s magical. INSEAD Professor Manfred Kets de Vries examines the inner-workings of this successful entrepreneur and the evolution of Virgin – from one leader to more “systematic” management.

IPO and VC Questions and Answers

Questions include:
What is a “double trigger”?
What is a secondary offering?
What is a “limit order”?
What is “spinning” and how does it relate to IPOs?
How low can a company’s stock price go before it runs the risk of being de-listed?
What is a “pre-syndicate bid”?
What is a “direct public offering”?
What is a private placement?
What is a syndicate?
When is … [ Read more ]