23 Oct 2014

Investor-Startup Relationship

Bill Liao, the partner that we work with at SOSventures, just published an interesting blog post about the relationship between an investor and the companies they invest/want to invest in. It’s called Road to Investment.

The interesting thing is that part of this article is the opinion of MavenHut’s lawyer, David Ryan, the guy that helped us raising investment and advices us around a lot of issues (along with our Romanian lawyers, obviously). David actually evaluates SOSventurs’ documents from the point of view of “the other side’s” lawyer. And it’s good.

As an established Series A investor it was clear that the deal we were doing with SOSv was the same consistent approach they had adopted with others.

Our advice is to have the tricky conversations at the heads of terms/LOI stage and beyond that it should be streamlined otherwise it’s not a great start.

Once the start-up is properly advised and understands that certain things are a fact of life with Series A investors (Liquidation Preference, Vetoes, Anti-Dilution, Limited Warranties and Reverse Vesting of Founder Equity) then the process will run smoothly.

There is no real need to waste money negotiating for the sake of doing so and at FOD we avoid getting into this trap. Get good commercial legal advice and get the investment in so that you can start to shift the needle and this is exactly what has happened with Mavenhut.”

Read the article here, it really is worth reading it.

Photo: that’s me and Bill Liao (photo taken from ComputerBlog.ro)

19 Oct 2014

The Power of Not Specialising (sort of)

“I suppose I can justify the variety of my readings and entertainment this way. Every week I read The Economist and New Scientist cover to cover, which I complement with Forbes, Time, Fortune, Business Week, but also Entertainment Weekly and Premiere. I love movies of all genres, be they artsy foreign movies or the latest blockbuster, books of all genres from Ron Chernow biographies to the latest Dan Brown thriller and love playing video games.”

Exactly my thoughts :)) Especially the love for video games, be it Solitaire or Max Payne

From here

5 Sep 2014

[ToRead] This is why you never end up hiring good developers

This is why you never end up hiring good developers – Quartz (via Pocket) – http://pocket.co/sAFv3

Read more on this: This is why you never end up hiring good developers

I add a lot of links on this blog’s Facebook page, so Like it and share the articles: I Am A Startup Founder

4 Sep 2014

Terminal tricks

I use Terminal from time to time on my Mac (obviously, it’s not needed as often as on Linux, but still). Anyway, I’ve found this list of tricks for Terminal, so I will add it here, just for reference.

via Marco Arment

1 Sep 2014

[ToRead] In E-Sports, Video Gamers Draw Real Crowds and Big Money

In E-Sports, Video Gamers Draw Real Crowds and Big Money http://j.mp/1wZZqoW

Read more on this: In E-Sports, Video Gamers Draw Real Crowds and Big Money

I add a lot of links on this blog’s Facebook page, so Like it and share the articles: I Am A Startup Founder

23 Aug 2014

[ToRead] Are You Building an App or a Business? / The Business of App Design

“Be patient. Build long term product concepts, build things that are going to last. Keep your day job, work on it in your spare time. Don’t build another social network, don’t build Uber for dogs or whatever other stupid idea you came up with when you were high. Build something useful, a tool that empowers people to be creative. This is the most rewarding path. Think about what apps and tools you’ve used for years. Wouldn’t it be great to build something like that for people just like you?”

Read more on this: Are You Building an App or a Business? / The Business of App Design

I add a lot of links on this blog’s Facebook page, so Like it and share the articles: I Am A Startup Founder

22 Jul 2014

[ToRead] My startup failed, and this is what it feels like…

“As an entrepreneur I HATE feeling helpless. I’m used to taking action on something and producing some kind of result.”

Read more on this: My startup failed, and this is what it feels like…

I add a lot of links on this blog’s Facebook page, so Like it and share the articles: I Am A Startup Founder

18 Jul 2014

[ToRead] Why We Killed One of Our Biggest Features to Grow Our Business

It’s never easy to cut features of your product, but sometimes you have to, if you want to grow fast and well.

Read more on this: Why We Killed One of Our Biggest Features to Grow Our Business

I add a lot of links on this blog’s Facebook page, so Like it and share the articles: I Am A Startup Founder

11 Jul 2014

[ToRead] Here’s a look inside a typical VC’s pipeline (a must-read for entrepreneurs)

Here’s a look inside a typical VC’s pipeline (a must-read for entrepreneurs)

Read more on this: Here’s a look inside a typical VC’s pipeline (a must-read for entrepreneurs)

I add a lot of links on this blog’s Facebook page, so Like it and share the articles: I Am A Startup Founder