Helping Entrepreneurs Succeed: Mark Zuckerberg (Words of Wisdom)

by Scott Edward Walker on February 3rd, 2012

To Our Clients & Friends: Welcome to our weekly series entitled “Helping Entrepreneurs Succeed.”  Each week, we post a short video clip of a successful entrepreneur, investor or business leader on a variety of topics to help entrepreneurs succeed.

This week, in celebration of the filing of Facebook’s S-1 registration statement with the U.S. Securities and Exchange Commission, we again present Mark Zuckerberg, co-founder of Facebook and indeed an amazing, inspirational entrepreneur.

Below is five-minute highlight video of Mark and some of his “words of wisdom.”  I have also set forth below a copy of the letter he wrote to potential investors as part of the registration statement.  It is an extraordinary document, chock full of golden nuggets for entrepreneurs (particularly in “The Hacker Way” section).

I hope you enjoy them both.  Many thanks, Scott

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Walker Twitter Highlights: January 23rd – 29th

by Scott Edward Walker on January 30th, 2012

I’m using Twitter as a form of micro-blogging to share interesting blog posts, articles and podcasts relating to entrepreneurship and startups, M&A and legal issues.  Below are my five most popular tweets (via bit.ly) for the past week and a couple of blog-related tweets.  If you’d like to see all of my tweets (or an RSS feed of them), you can do so here.  Cheers, Scott

 

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Helping Entrepreneurs Succeed: Richard Branson

by Scott Edward Walker on January 27th, 2012

To Our Clients & Friends: Welcome to our weekly series “Helping Entrepreneurs Succeed.”  Each week, we share a favorite video of a successful entrepreneur, investor or business leader on a variety of topics.  This week, we present Richard Branson, the founder of the Virgin Group and one of the most successful entrepreneurs in the world.

In this interesting, four-minute clip, Richard shares a few solid insights for founders, including the importance of (i) being a great listener and motivator; (ii) understanding the “thin dividing line” between success and failure; and (iii) effective delegation.

I hope you enjoy it.  Many thanks, Scott

Motivational Clips for Entrepreneurs: “You Do It Now”

by Scott Edward Walker on January 26th, 2012

Welcome to our weekly series “Motivational Clips for Entrepreneurs.”  Each week, we post a favorite video clip to inspire and motivate entrepreneurs.  Why?  Because we know how tough it is being an entrepreneur; and whether you’re launching a venture, trying to execute your business model or raising funds, you need a little juice to help you push the ball forward.  I hope these videos are a little juice.  Cheers, Scott

Walker Twitter Highlights: January 16th – 22nd

by Scott Edward Walker on January 23rd, 2012

I’m using Twitter as a form of micro-blogging to share interesting blog posts, articles and podcasts relating to entrepreneurship and startups, M&A and legal issues.  Below are my five most popular tweets (via bit.ly) for the past week and a couple of blog-related tweets.  If you’d like to see all of my tweets (or an RSS feed of them), you can do so here.  Cheers, Scott

 

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Helping Entrepreneurs Succeed: Elon Musk

by Scott Edward Walker on January 20th, 2012

To Our Clients & Friends: Welcome to our weekly series “Helping Entrepreneurs Succeed.”  Each week, we share a favorite video of a successful entrepreneur, investor or business leader on a variety of topics.  This week, we present Elon Musk, a brilliant entrepreneur and the co-founder of PayPal, Tesla Motors and Space Exploration Technologies.

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Motivational Clips for Entrepreneurs: “The Greatest”

by Scott Edward Walker on January 18th, 2012

“People often say that motivation doesn’t last.  Well, neither does bathing – that’s why we recommend it daily.” – Zig Ziglar

Welcome to our weekly series “Motivational Clips for Entrepreneurs.”  Each week, we post a favorite video clip to inspire and motivate entrepreneurs.  Why?  Because we know how tough it is being an entrepreneur — whether you’re launching a venture, trying to execute your business model or raising funds.  This week, we pay tribute to Muhammad Ali on his 70th birthday.  Cheers, Scott

Walker Twitter Highlights: January 9th – 15th

by Scott Edward Walker on January 16th, 2012

I’m using Twitter as a form of micro-blogging to share interesting blog posts, articles and podcasts relating to entrepreneurship and startups, M&A and legal issues.  Below are my five most popular tweets (via bit.ly) for the past week and a couple of blog-related tweets.  If you’d like to see all of my tweets (or an RSS feed of them), you can do so here.  Cheers, Scott

 

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Crowdfunding Bill Stuck in the Senate

by Scott Edward Walker on January 13th, 2012

In early November, the U.S. House of Representatives overwhelming passed the Entrepreneur Access to Capital Act, a crowdfunding bill which permits startups to offer and sell securities via crowdfunding sites like Kickstarter or social networking sites like Facebook.  As I discuss below, this is a game-changer for startups and lifts certain securities law prohibitions that have been on the books since the 1930’s.

The Obama Administration supports the House bill and noted in its Statement of Administrative Policy that: “This bill will make it easier for entrepreneurs to raise capital and create jobs.”  Unfortunately, two very different crowdfunding bills have been introduced in the U.S. Senate, and committee hearings have been surprisingly focused on fraud concerns and other potential problems.  Indeed, it is unclear whether the Senate will even pass a crowdfunding bill (and, if so, in what form).

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Helping Entrepreneurs Succeed: Bing Gordon

by Scott Edward Walker on January 11th, 2012

To Our Clients & Friends: Welcome to our weekly series “Helping Entrepreneurs Succeed.”  Each week, we share a favorite video of a successful entrepreneur, investor or business leader on a variety of topics.  This week, we present Bing Gordon, a partner at Kleiner Perkins, the Chief Creative Officer at Electronic Arts from 1998 to 2008, and a very smart investor.

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Walker Twitter Highlights: January 2nd – 8th

by Scott Edward Walker on January 9th, 2012

I’m using Twitter as a form of micro-blogging to share interesting blog posts, articles and podcasts relating to entrepreneurship and startups, M&A and legal issues.  Below are my five most popular tweets (via bit.ly) for the past week and a couple of blog and firm-related tweets.  If you’d like to see all of my tweets (or an RSS feed of them), you can do so here.  Cheers, Scott

 

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“You Can Do Anything You Want to Do…”

by Scott Edward Walker on January 8th, 2012

Welcome to our weekly series “Motivational Clips for Entrepreneurs.”  Each week, we post a favorite video to inspire and motivate entrepreneurs.  Why?  Because we know how tough it is being an entrepreneur; and whether you’re launching a venture, trying to execute your business model or raising funds, you need a little juice to help you push the ball forward.  I hope these videos are a little juice.  Cheers, Scott

Walker Twitter Highlights: December 19th – January 1st

by Scott Edward Walker on January 2nd, 2012

I’m using Twitter as a form of micro-blogging to share interesting blog posts, articles and podcasts relating to entrepreneurship and startups, M&A and legal issues.  Below are my five most popular tweets (via bit.ly) for the past two weeks and a few blog-related tweets.  If you’d like to see all of my tweets (or an RSS feed of them), you can do so here.  Cheers, Scott

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Top Ten Posts in 2011

by Scott Edward Walker on December 29th, 2011

Below is a list of my top ten posts in 2011 based solely on pageviews.  Indeed, I was inspired by Chris Dixon and his post of last night (which you should definitely check-out).  Moreover, I’m publishing an eBook with Hyperink entitled The Startup Law Playbook, which should be available shortly.  If you ping me, I’ll send you a free copy (provided that you agree to give me feedback).  Happy New Year!

1.  Legal Checklist for Startups

2.  House Passes Crowdfunding Bill: FAQ’s For Entrepreneurs

3.  What’s It Like Working At A Major New York City Law Firm?

4.  How To Hire A Superstar Engineer For Your Startup

5.  How To Launch A Startup And Avoid Ending-Up In Jail

6.  3 Ways For Startups To Cut Their Legal Fees In Half

7.  What Is A Liquidation Preference?

8.  What Makes A Great Entrepreneur?

9.  What Is A Price-Based Antidilution Adjustment?

10.  What Are Exploding Term Sheets And No-Shop Provisions?

 

“Life is Hard. Real Hard. Incredibly Hard.”

by Scott Edward Walker on December 23rd, 2011

Welcome to our weekly series “Motivational Clips for Entrepreneurs.”  Each week, we post a short video clip to inspire and motivate entrepreneurs.  Why?  Because we know how tough it is being an entrepreneur; and whether you’re launching a venture, trying to execute your business model or raising funds, you need a little juice to help you push the ball forward.  I hope these videos are a little juice.  Happy Holidays!

Helping Entrepreneurs Succeed: Sean Parker

by Scott Edward Walker on December 21st, 2011

To Our Clients & Friends: Welcome to our weekly series entitled “Helping Entrepreneurs Succeed.”  Each week, we share a favorite video of a successful entrepreneur, investor or business leader on a variety of topics.  This week, we again present Sean Parker, a brilliant entrepreneur and visionary; the co-founder of Napster and Plaxo; and the former President of  Facebook.

In this interesting, four-minute video, Sean shares some solid advice with a couple of Indian entrepreneurs, including the importance of:

  • building “a complete team around what you’re doing”;
  • not being “stingy” with equity grants;
  • convincing investors and others that “you’re not crazy and can pull this off”; and
  • following Steve Jobs’s advice: “I’m succeeding because I have a great team.”

I hope you enjoy it.  Many thanks, Scott

 

Walker Twitter Highlights: December 5th – 18th

by Scott Edward Walker on December 19th, 2011

I’m using Twitter as a form of micro-blogging to share interesting blog posts, articles and podcasts relating to entrepreneurship and startups, M&A and legal issues.  Below are my five most popular tweets (via bit.ly) for the past two weeks and a few blog-related tweets.  If you’d like to see all of my tweets (or an RSS feed of them), you can do so here.  Cheers, Scott

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“Some of You Love Sleep, More Than You Love Success”

by Scott Edward Walker on December 18th, 2011

Welcome to our weekly series “Motivational Clips for Entrepreneurs.”  Each week, we post a short video clip to inspire and motivate entrepreneurs.  Why?  Because we know how tough it is being an entrepreneur; and whether you’re launching a venture, trying to execute your business model or raising funds, you need a little juice to help you push the ball forward.  I hope these videos are a little juice.  Cheers, Scott

 

Helping Entrepreneurs Succeed: Steve Jobs

by Scott Edward Walker on December 9th, 2011

To Our Clients & Friends: Welcome to our weekly series entitled “Helping Entrepreneurs Succeed.”  Each week, we post a short video clip of a successful entrepreneur, investor or business leader on a variety of topics.  This week, we again present Steve Jobs, arguably the greatest entrepreneur who ever lived.  Indeed, I just finished reading his biography by Walter Isaacson (which I highly recommend for all entrepreneurs), and I found this old video to share with you.  I hope you enjoy it.  Many thanks, Scott

 

Walker Twitter Highlights: November 28th – December 4th

by Scott Edward Walker on December 5th, 2011

I’m using Twitter as a form of micro-blogging to share interesting blog posts, articles and podcasts relating to entrepreneurship and startups, M&A and legal issues.  Below are my five most popular tweets (via bit.ly) for the past week and a couple of blog-related tweets.  If you’d like to see all of my tweets (or an RSS feed of them), you can do so here.  Cheers, Scott

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“It’s a Lie to Think That You’re Not Good Enough”

by Scott Edward Walker on December 4th, 2011

“People often say that motivation doesn’t last.  Well, neither does bathing – that’s why we recommend it daily.” – Zig Ziglar

Welcome to our weekly series “Motivational Clips for Entrepreneurs.”  Each week, we post a favorite video clip to inspire and motivate entrepreneurs.  Why?  Because we know how tough it is being an entrepreneur; and whether you’re launching a venture, trying to execute your business model or raising funds, you need a little juice to help you push the ball forward.  I hope these videos are a little juice.  Cheers, Scott

 

Crowdfunding Update: FAQ’s for Entrepreneurs

by Scott Edward Walker on December 1st, 2011

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Walker Twitter Highlights: November 21st – 27th

by Scott Edward Walker on November 28th, 2011

I’m using Twitter as a form of micro-blogging to share interesting blog posts, articles and podcasts relating to entrepreneurship and startups, M&A and legal issues.  Below are my five most popular tweets (via bit.ly) for the past week and a couple of blog-related tweets.  If you’d like to see all of my tweets (or an RSS feed of them), you can do so here.  Cheers, Scott

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Motivational Clips for Entrepreneurs: “A Startup Story”

by Scott Edward Walker on November 27th, 2011

Welcome to our weekly series “Motivational Clips for Entrepreneurs.”  Each week, we post a short video clip to inspire and motivate entrepreneurs.  Why?  Because we know how tough it is being an entrepreneur; and whether you’re launching a venture, trying to execute your business model or raising funds, you need a little juice to help you push the ball forward.  This is the story of Visible Measures Corp. – from MIT to a Series A financing by General Catalyst Partners.   I hope you enjoy it.  Cheers, Scott

 

Helping Entrepreneurs Succeed: Phil Libin

by Scott Edward Walker on November 23rd, 2011

To Our Clients & Friends: Welcome to our weekly series “Helping Entrepreneurs Succeed.”  Each week, we share a favorite video clip of a successful entrepreneur, investor or business leader on a variety of topics.  This week, we present Phil Libin, co-founder and CEO of Evernote, and a very intelligent and engaging entrepreneur.

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Walker Twitter Highlights: November 14th – 20th

by Scott Edward Walker on November 21st, 2011

I’m using Twitter as a form of micro-blogging to share interesting blog posts, articles and podcasts relating to entrepreneurship and startups, M&A and legal issues.  Below are my five most popular tweets (via bit.ly) for the past week and a couple of blog-related tweets.  If you’d like to see all of my tweets (or an RSS feed of them), you can do so here.  Cheers, Scott

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Motivational Clips for Entrepreneurs: “Don’t Give Up”

by Scott Edward Walker on November 18th, 2011

Welcome to our weekly series “Motivational Clips for Entrepreneurs.”  Each week, we post a short video to inspire and motivate entrepreneurs.  Why?  Because we know how tough it is being an entrepreneur; and whether you’re launching a venture, trying to execute your business model or raising funds, you need a little juice to help you push the ball forward.  I hope these videos are a little juice.  Cheers, Scott

 

Helping Entrepreneurs Succeed: Brad Feld

by Scott Edward Walker on November 16th, 2011

To Our Clients & Friends: Welcome to our weekly series “Helping Entrepreneurs Succeed.”  Each week, we share a favorite video clip of a successful entrepreneur, investor or business leader on a variety of topics.  This week, we present Brad Feld, the managing director at Foundry Group, and a very smart investor (and indeed impressive guy).

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Walker Twitter Highlights: November 7th – 13th

by Scott Edward Walker on November 14th, 2011

I’m using Twitter as a form of micro-blogging to share interesting blog posts, articles and podcasts relating to entrepreneurship and startups, M&A and legal issues.  Below are my five most popular tweets (via bit.ly) for the past week and a few blog-related tweets.  If you’d like to see all of my tweets (or an RSS feed of them), you can do so here.  Cheers, Scott

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Motivational Clips for Entrepreneurs: “Coffee Is For Closers Only”

by Scott Edward Walker on November 11th, 2011

Welcome to our weekly series “Motivational Clips for Entrepreneurs.”  Each week, we post a short video clip to inspire and motivate entrepreneurs.  Why?  Because we know how tough it is being an entrepreneur, and whether you’re launching a venture, trying to execute your business model or raising funds, you need a little juice to help you push the ball forward.  This one is a classic — albeit a bit over the top; however, I hope it provides a little juice.  Cheers, Scott

 

Helping Entrepreneurs Succeed: Paige Craig

by Scott Edward Walker on November 10th, 2011

To Our Clients & Friends: Welcome to our weekly series “Helping Entrepreneurs Succeed.”  Each week, we share a favorite video of a successful entrepreneur, investor or business leader on a variety of topics.  This week, we present Paige Craig, the founder and CEO of BetterWorks and a very impressive entrepreneur and angel investor.

In this interesting, five-minute clip (courtesy of Business Insider), Paige discusses the importance of:

  • execution and “[getting] shit done”
  • recruiting people “around passion, not money”
  • hiring great people and rewarding them
  • “an intense focus on problem-solving” and
  • delivering on what you say you’ll do

I hope you enjoy it.  Many thanks, Scott

House Passes Crowdfunding Bill: FAQ’s for Entrepreneurs

by Scott Edward Walker on November 9th, 2011

Last week, the U.S. House of Representatives passed a crowdfunding bill that will allow startups to offer and sell securities via crowdfunding sites and social networking sites.

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Walker Twitter Highlights: October 30st – November 6th

by Scott Edward Walker on November 7th, 2011

I’m using Twitter as a form of micro-blogging to share interesting blog posts, articles and podcasts relating to entrepreneurship and startups, M&A and legal issues.  Below are my five most popular tweets (via bit.ly) for the past week and a couple of blog-related tweets.  If you’d like to see all of my tweets (or an RSS feed of them), you can do so here.  Cheers, Scott

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“When You Don’t Give Up, You Cannot Fail”

by Scott Edward Walker on November 4th, 2011

Welcome to our weekly series “Motivational Clips for Entrepreneurs.”  Each week, we post a short video clip to inspire and motivate entrepreneurs.  Why?  Because we know how tough it is being an entrepreneur; and whether you’re launching a venture, trying to execute your business model or raising funds, you need a little juice to help you push the ball forward.  I hope these videos are a little juice.  Cheers, Scott

Legal Checklist for Startups

by Scott Edward Walker on November 2nd, 2011

I’ve been a corporate lawyer for 17+ years, and there are certain fundamental legal mistakes that I’ve seen startups repeatedly make.  Accordingly, I thought it would be helpful to provide a simple checklist for startups, which includes links to prior posts for a more detailed discussion.  (This post was originally published as part of the “Ask the Attorney” series I am writing for VentureBeat.)

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Walker Twitter Highlights: October 17th – 30th

by Scott Edward Walker on October 31st, 2011

I’m using Twitter as a form of micro-blogging to share interesting blog posts, articles and podcasts relating to entrepreneurship and startups, M&A and legal issues.  Below are my five most popular tweets (via bit.ly) for the past two weeks and a couple of blog-related tweets.  If you’d like to see all of my tweets (or an RSS feed of them), you can do so here.  Cheers, Scott

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“If You Don’t Love It, You’re Going to Fail” (via Steve Jobs)

by Scott Edward Walker on October 21st, 2011

Welcome to our weekly series “Motivational Clips for Entrepreneurs.”  Each week, we post a short video clip to inspire and motivate entrepreneurs.  Why?  Because we know how tough it is being an entrepreneur; and whether you’re launching a venture, trying to execute your business model or raising funds, you need a little juice to help you push the ball forward.  I hope these videos are a little juice.  Cheers, Scott

Raising Capital? 3 Tips for Entrepreneurs (Part 3)

by Scott Edward Walker on October 20th, 2011

I’ve been helping entrepreneurs raise capital as a corporate lawyer for 17+ years, and there are certain fundamental legal mistakes that I’ve seen entrepreneurs repeatedly make.  Accordingly, I thought it would be helpful to share three tips for entrepreneurs in connection with raising capital.  This is part three of a three-part series, which was  originally published on The Huffington Post.

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Walker Twitter Highlights: October 10th – 16th

by Scott Edward Walker on October 17th, 2011

I’m using Twitter as a form of micro-blogging to share interesting blog posts, articles and podcasts relating to entrepreneurship and startups, M&A and legal issues.  Below are my five most popular tweets (via bit.ly) for the past week and a couple of blog-related tweets.  If you’d like to see all of my tweets (or an RSS feed of them), you can do so here.  Cheers, Scott

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Helping Entrepreneurs Succeed: Joe Gebbia

by Scott Edward Walker on October 14th, 2011

To Our Clients & Friends: Welcome to our weekly series “Helping Entrepreneurs Succeed.”  Each week, we share a favorite video of a successful entrepreneur, investor or business leader on a variety of topics.  This week, we present Joe Gebbia, the Co-Founder of AirBnB.

In this very interesting 20-minute video, Joe discusses the history of AirBnB and how it was created and scaled; it’s an amazing, inspirational story.   You should also check out this extraordinary email exchange between Paul Graham (the Co-Founder of Y Combinator) and uber-VC Fred Wilson with respect to a possible investment in AirBnB.  Many thanks, Scott

Joe Gebbia: The Airbnb Story from Piers Fawkes on Vimeo.

3 Ways For Startups To Cut Their Legal Fees in Half

by Scott Edward Walker on October 13th, 2011

Introduction

This post was originally part of the “Ask the Attorney” series I am writing for VentureBeat (one of my favorite websites for entrepreneurs).  Indeed, I am constantly being asked by entrepreneurs how they can lower their legal fees.   Continue Reading »

Walker Twitter Highlights: September 26th – October 9th

by Scott Edward Walker on October 10th, 2011

I’m using Twitter as a form of micro-blogging to share interesting blog posts, articles and podcasts relating to entrepreneurship and startups, M&A and legal issues.  Below are my five most popular tweets (via bit.ly) for the past two weeks and a few blog-related tweets.  If you’d like to see all of my tweets (or an RSS feed of them), you can do so here.  Cheers, Scott

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Motivational Clips for Entrepreneurs: “No Excuses”

by Scott Edward Walker on October 7th, 2011

Welcome to our weekly series “Motivational Clips for Entrepreneurs.”  Each week, we post a short video clip to inspire and motivate entrepreneurs.  Why?  Because we know how tough it is being an entrepreneur; and whether you’re launching a venture, trying to execute your business model or raising funds, you need a little juice to help you push the ball forward.  I hope these videos are a little juice.  Cheers, Scott

 

A Tribute to Steve Jobs (via Steve Wozniak)

by Scott Edward Walker on October 6th, 2011

To Our Clients & Friends:  We mourn the passing of Steve Jobs by sharing this brief video of Steve Wozniak (his good friend and Apple co-founder). Naturally, the video doesn’t work with IE. Continue Reading »

Motivational Clips for Entrepreneurs: “I Was Hungry”

by Scott Edward Walker on September 30th, 2011

Welcome to our weekly series “Motivational Clips for Entrepreneurs.”  Each week, we post a short video clip to inspire and motivate entrepreneurs.  Why?  Because we know how tough it is being an entrepreneur; and whether you’re launching a venture, trying to execute your business model or raising funds, you need a little juice to help you push the ball forward.  I hope these videos are a little juice.  Cheers, Scott

 

4 Deadly Legal Mistakes That Startups Make

by Scott Edward Walker on September 28th, 2011

Introduction

This post was originally part of the “Ask the Attorney” series I am writing for VentureBeat (one of my favorite websites for entrepreneurs).  Below is a longer, more comprehensive version.

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Walker Twitter Highlights: September 19th – 25th

by Scott Edward Walker on September 26th, 2011

I’m using Twitter as a form of micro-blogging to share interesting blog posts, articles and podcasts relating to entrepreneurship and startups, M&A and legal issues.  Below are my five most popular tweets (via bit.ly) for the past week and a couple of blog-related tweets.  If you’d like to see all of my tweets (or an RSS feed of them), you can do so here.  Cheers, Scott

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Helping Entrepreneurs Succeed: Reid Hoffman

by Scott Edward Walker on September 25th, 2011

To Our Clients & Friends:  Welcome to our weekly series “Helping Entrepreneurs Succeed.”  Each week, we post a short video presentation or interview of a successful entrepreneur, investor or business leader on a variety of topics.

This week, we again present Reid Hoffman, co-founder of LinkedIn, a partner at Greylock and a brilliant entrepreneur  (courtesy of The Wall Street Journal).  In this interesting clip, Reid provides five solid tips for startups:

  • focus on “network intelligence”
  • understand doing “flexible persistence”
  • always aim big
  • pay attention to the “real dynamics of competition”
  • define your unique strategy

I hope you enjoy it.  Thanks, Scott

Raising Capital? 3 Tips for Entrepreneurs – Part 2

by Scott Edward Walker on September 21st, 2011

I’ve been helping entrepreneurs raise capital as a securities lawyer for 17+ years, and there are certain fundamental mistakes that I’ve seen entrepreneurs repeatedly make.  Accordingly, I thought it would be helpful to share three basic tips for entrepreneurs in connection with raising capital.  This is part two of a three-part series, which was originally published on The Huffington Post.

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Walker Twitter Highlights: September 12th – 18th

by Scott Edward Walker on September 19th, 2011

I’m using Twitter as a form of micro-blogging to share interesting blog posts, articles and podcasts relating to entrepreneurship and startups, M&A and legal issues.  Below are my five most popular tweets (via bit.ly) for the past week and a couple of blog-related tweets.  If you’d like to see all of my tweets (or an RSS feed of them), you can do so here.  Cheers, Scott

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