Posts Tagged ‘angel’
Monday, September 6th, 2010
To Our Clients & Friends: Welcome to our weekly series entitled “Helping Entrepreneurs Succeed.” Each week, we post a short video clip of successful entrepreneurs, investors or business leaders on a variety of topics to help entrepreneurs succeed.
This week, we present legendary angel investor Ron Conway (commonly referred to as the “Godfather of Silicon Valley”) and super angel Mike Maples (managing partner of Floodgate). In this interesting, three-minute clip (courtesy of Stanford University’s Entrepreneurship Corner), Ron and Mike provide strong, practical advice to startups, including the importance of (i) a low burn rate, (ii) a “lean, mean” team and (iii) a customer development strategy. I hope you enjoy it. Many thanks, Scott
Tags: angel, burn rate, entrepreneurs, investors, Mike Maples, Ron Conway, startups
Posted in Helping Entrepreneurs Succeed | View Comments
Monday, June 28th, 2010
To Our Clients & Friends: Welcome to our weekly series entitled “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 to help entrepreneurs succeed.
This week, we present Keith Rabois, Executive Vice President of Strategy & Business Development for Slide and a very smart investor (courtesy of GigaOm TV). In this interesting, 20-minute interview, Keith discusses, among other things: (i) the recent increases in the size of angel rounds, (ii) making investment decisions, (iii) how “cool” it is being a seed investor, (iv) the changing role of the VC, (v) how to choose the right investor and (vi) the excitement of being an entrepreneur. I hope you enjoy it. Thanks, Scott
Tags: angel, angel rounds, entrepreneurs, Keith Rabois, leader, seed investor, Slide, vc
Posted in Entrepreneurship, Helping Entrepreneurs Succeed | View Comments
Wednesday, March 31st, 2010
Below is a copy of the letter I just emailed to Senator Dodd’s office with respect to his new financial regulatory reform bill and its material adverse effect on angel investments.
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Tags: accredited investor, angel, angel investment, NSMIA, Rule 506, SEC, securities laws, Senator Dodd
Posted in Angel Issues, Securities Law Issues | View Comments
Wednesday, February 17th, 2010
Introduction
This post is part of a weekly series called “Ask the Attorney,” which I am writing for VentureBeat (one of the most popular websites for entrepreneurs). As the VentureBeat Editor notes on the site: “Ask the Attorney is a new VentureBeat feature allowing start-up owners to get answers to their legal questions.”
I have two goals here: (i) to encourage entrepreneurs to ask law-related questions regardless of how basic they may be; and (ii) to provide helpful responses in plain English (as opposed to legalese). Please give me your feedback in the comments section. Many thanks, Scott
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Tags: angel, angel financing, common stock, convertible notes, dilution, founders, preferred stock, Series A, valuation
Posted in Angel Issues, Ask the Attorney | View Comments
Wednesday, December 16th, 2009
Introduction
This is part two of my two-part series on angel financings. In part one, I provided the following five tips for entrepreneurs: (i) push for the issuance of convertible notes; (ii) understand the key business terms; (iii) diligence the angel(s); (iv) never subject yourself to personal liability; and (v) comply with applicable securities laws. Below are five additional tips for entrepreneurs to help them through the angel financing process. Obviously, this is still a difficult environment in which to raise capital; however, I am confident that 2010 will bring greener pastures.
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Tags: angel, angel financings, angel groups, angels, Band of Angels, convertible notes, diligence, entrepreneurs, preferred stock, Tech Coast Angels, tips, tips for entrepreneurs
Posted in Angel Issues | View Comments
Wednesday, December 2nd, 2009
Introduction
I am currently working with several smart, young entrepreneurs who are trying to raise capital from “angels” (i.e., wealthy individuals who invest in start-up companies). Indeed, since I moved to Los Angeles from New York City in 2005, I have been involved in a number of angel financings; and what’s interesting from my perspective as a corporate attorney is that the deals run the gamut from an angel handing a check to an entrepreneur and instructing him to “send the paperwork when it’s ready” — to an angel retaining a large, aggressive law firm and insisting on shares of preferred stock, with all the “bells and whistles.” Below are five tips for entrepreneurs to help them through the angel financing process. (This is part one of a two-part series; I will provide five additional tips in my next post.) (more…)
Tags: angel, angel financings, angels, business attorneys, convertible notes, corporate attorney, entrepreneurs, liquidation preference, personal liability, Regulation D, rescission offers, SEC, securities laws, tips for entrepreneurs
Posted in Angel Issues | View Comments