Writing

Choose

How To Calculate A Return On Investment

The Gotham Gal and I make a fair number of non-tech angel investments. Things like media, food products, restaurants, music, local real estate, local businesses. In these investments we are usually backing an entrepreneur we've gotten to know who delivers [...]  Read more

Valuation and Option Pool

One of the more contentious things in the negotiation between an entrepreneur and a VC over a financing, particularly an early stage financing, is the inclusion of an option pool in the pre-money valuation. As my friend Mark Pincus likes [...]  Read more

Valuation and Option Pool

One of the more contentious things in the negotiation between an entrepreneur and a VC over a financing, particularly an early stage financing, is the inclusion of an option pool in the pre-money valuation. As my friend Mark Pincus likes [...]  Read more

The Double Opt-In Introduction

I'm sure everyone out there gets email intros. Someone who knows you sends you and someone you don't know an email suggesting you meet.I send emails like that a lot. I might send a half a dozen or more every [...]  Read more

The Double Opt-In Introduction

I'm sure everyone out there gets email intros. Someone who knows you sends you and someone you don't know an email suggesting you meet.I send emails like that a lot. I might send a half a dozen or more every [...]  Read more

The Venture Capital Math Problem

Yesterday Albert and I visited one of the investors in our fund. The good news is they are happy with the job we are doing. The bad news is they are frustrated with the venture capital asset class.We got to [...]  Read more

The Venture Capital Math Problem

Yesterday Albert and I visited one of the investors in our fund. The good news is they are happy with the job we are doing. The bad news is they are frustrated with the venture capital asset class.We got to [...]  Read more

What Is A Good Venture Return?

Lawrence Aragon at PE Hub used the news that Cisco paid $590mm (in stock) for Pure Digital the maker of the super popular Flip Cam to ask this question.it sounds like a pretty good deal, but you have to understand [...]  Read more

What Is A Good Venture Return?

Lawrence Aragon at PE Hub used the news that Cisco paid $590mm (in stock) for Pure Digital the maker of the super popular Flip Cam to ask this question.it sounds like a pretty good deal, but you have to understand [...]  Read more