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
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
Angela Baldonero’s Philosophy On Interviewing
Angela Baldonero of Return Path offers here thoughts on interviewing.
Content: Article | Author: Angela Baldonero | Source: Feld Thoughts | Subject: Human Resources
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
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
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
Michael Price
Trust is the business word for love.
Content: Quotation | Author: Michael Price | Source: Feld Thoughts | Subject: Trust
Frank Kotsonis (?)
The Plural of Anecdote is Not Data.
Content: Quotation | Source: Feld Thoughts | Subjects: Knowledge, Trends / Analysis
Brad Feld
If you want a two year break from life, go to business school. If you want to meet a bunch of new, generally smart, and always interesting people, go to business school. If you are a techie but like the business side of things, want to get an intellectual (and functional grounding) in business stuff, want a two year break from life, and want to … [ Read more ]
Content: Quotation | Source: Feld Thoughts | Subjects: Education, MBA Related
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
John Kenneth Galbraith
There are times when the need for economic and political understanding requires direct, openly adverse comment: Reference to corporate management compensation as something set by stockholders or their directors is a bogus article of faith. To affirm this fiction, stockholders are invited each year to the annual meeting, which, indeed, resembles a religious rite. There is ceremonial expression and, with rare exception, no … [ Read more ]
Content: Quotation | Source: Feld Thoughts | Subject: Corporate Governance
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