I posted on this over at the personal blog, though it really belongs here. But it’s done so here ya go: http://charliecrystle.blogspot.com
Archive for the ‘Startups’ Category
Socially Responsible Term Sheets
Posted in Startups on July 30, 2010 | Leave a Comment »
Liquidation Preferences
Posted in Startups on July 26, 2010 | Leave a Comment »
http://charliecrystle.blogspot.com/2010/07/bulls-bears-and-pigs.html I posted on my personal blog about why startups should be very concerned about liquidation preferences. Take a look and come back to comment.
Lancaster Community Bikes
Posted in Startups on July 11, 2010 | Leave a Comment »
More about it here…
Deal Terms: Liquidation Preferences, Founder Options
Posted in Fundraising, Startups, Venture Capital, founders on February 3, 2010 | 2 Comments »
Liquidation preferences have always seemed to be a case of having your cake and eating it too for investors. I’m guessing the original intent was strictly for downside protection. But it’s become a way for investors to guarantee a certain upside–risk mitigation at the expense of common. Put another way, it’s terms like these that [...]
Featured in Inc as “Saving the World”
Posted in Startups on December 13, 2009 | 1 Comment »
Really nice–and unexpected–mention in this Inc Magazine article. They point out the 20% donation by Mission Research founders; I gave 30%, the others gave 10%, for a combined 20%; all of us gave much more than usual. We did this by donating stock to a donor-advised fund in a foundation. At some point the donation [...]
Startup Ecosystems
Posted in Startups on November 11, 2009 | Leave a Comment »
Fred Wilson posted about this yesterday here. The Lancaster/Central Penn area has suffered from the pull of the Silicon Valley and other tech centers, as entrepreneurs move their startups there and top developers get sucked into those ecosystems with the lure of good jobs at Google, Apple, and other large companies. CoTweet moved “to be [...]
Founders
Posted in Startups, founders on July 17, 2009 | Leave a Comment »
I’m a serial founder, and am starting two tiny efforts at the moment in separate companies with a few people I know while continuing to coach startups (which is fun, if not highly profitable). The ideas are mine, but I’m a lousy coder and want great software, and don’t have a lot of money to [...]
Raising Capital: Some Things Not to Do
Posted in Startups, Venture Capital on July 7, 2009 | 3 Comments »
I met with one of my favorite venture capitalists this week for about a half hour just to catch up. I made the mistake of not really having an agenda, so it was a bit all over the place, and there was that moment when you know it’s time to wrap it up and move [...]