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When A VC Says “I Need 20% Of The Company”

Today’s great post is from Fred Wilson titled The Fiction of 20%.  If you’ve ever negotiated with a VC, you’ve likely heard something like “I need at least 20% of the company to make the deal work.”  Fred has a great rant on why this is – is in his words – rubbish. 

Today’s great post is from Fred Wilson titled The Fiction of 20%.  If you’ve ever negotiated with a VC, you’ve likely heard something like “I need at least 20% of the company to make the deal work.”  Fred has a great rant on why this is – is in his words – rubbish. 

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How To Earn Frequent Flyer Miles on US Airways

A little off topic, but still in the category of “Great VC Posts.”  Josh Kopelman of First Round Capital demonstrates his problem solving skills by figuring out how to maintain his US Airways Chairman’s Preferred status without flying to Rome and back.

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The Next 20 Hires

I love it when Dick Costolo fires up his virtual pen and lets the words flow.  Today’s post titled Too Many Chiefs of Too Many Indians (a total of 1,218 words) is an excellent treatise on who to hire early in the life of your company.  More specifically, it answers the questions “should I hire […]

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Answer The Question Honestly

Rick Segal has today’s great post up titled From the Trenches: OS Who?  In addition to being enlightening, it’s hilarious.  He’s also got some hints about where OS/2 is heading.  Updated: Rick provides some clarification on what he was trying to say in his post Ruh Oh – Time for a butt whoppin (mine).

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