Why you shouldn’t keep your startup idea secret
A frequent question entrepreneurs have when they are just starting their company is: how secretive should I be about my idea? My answer…
Machine learning is really good at partially solving just about any problem
There’s a saying in artificial intelligence circles that techniques like machine learning (and NLP) can very quickly get you, say, 80% of…
Options on early stage companies
I believe that what I’m about to say is accepted by venture capitalists as fact, even trivially obvious fact, yet very few entrepreneurs I…
Ideal first round funding terms
My last 2 posts were about things to avoid, so I thought it might be helpful to follow up with something more positive. Having been part of…
The problem with tranched VC investments
In venture capital, tranching refers to investments where portions of the money are released over time when certain pre-negotiated…
Why seed investors don’t like convertible notes
A popular option in seed round financing is a convertible note instead of setting a valuation in an equity financing. A convertible note is…