Q: We’re a small startup with an innovative product in the social-networking / communications / UGC monetizing realm, at a pre-alpha stage of development. We have a number of potential deals on the table, the most attractive of which is to raise a large sum ($4mm) through a private placement with an investment bank. This […]

Q:  I understand from your term sheet series that Venture Capitalists get their legal fees paid for by the company they are funding.  I have a term sheet with a legal fee cap, but now my VCs are trying to increase the amount saying their legals fees are running higher than expected.  What do you […]

There have been lots of great posts about “how much should you raise” going around the blogosphere these days.  Dick Costolo of FeedBurner Google has an excellent one up this morning titled Series A Financing: How Much to Raise?  In addition to a great rambling essay on how much to raise, Dick also reminds all […]

I spent some time this afternoon hanging around with my friend Jonathan Weber who runs the online publication New West: The Voice of the Rocky Mountains.  He said he’d been asked about the story of starting New West so many times that he’d written a FAQ titled The New West FAQ for Online Community Journalism […]

(Brad): I got an email from Donna Murdoch at The Keystone Equities Group in Philadelphia taking me to task for the post Jason wrote on 1/17/07 titled Are There Venture Capital Brokers?  Donna – who I do not know – didn’t like our perspective and suggested a different point of view.  I encouraged her to write […]

Q: We received $150k from Friends and Family, and now we’re “on the board” – starting to show up on searches, getting a sale or two a day, and maintaining some growth. We have created a business model that is very scalable and now we’re doing everything we can to grow ourselves. We know that […]