A very unique type of investment
In Bloomington, IN, the SproutBox team is taking four startups at a time and pumping around a quarter of a million dollars into each one over the course of ten months. In addition to all that mouth-watering lettuce, the 'Box is also investing teams and resources. Although they just launched this year, they plan to start a new cycle every three months. How They Invest: SproutBox gives funding and resources in exchange for equity. Startups They've Helped: DecideAlready, CheddarGetterThe Funded Publishes Ideal First Round Term Sheet
here are some terms included below that are needed in larger deals and which aren’t absurd for VCs to ask for. So both documents are highly relevant. Start with the Y Combinator docs for your first early angel round, an
If you're an entrepreneur thinking about getting funding, this is a must-read. It outlines very fair guidelines for a first-round term sheet. Often, first-time entrepreneurs only concentrate on the big terms of a term sheet (e.g. round size, valuation) and neglect the "smaller" but often equally important things like stock preferences and triggers.
Now, a lot of people, including prominent angel investors and venture capitalists, are starting to listen to him. Tomorrow Ressi will announce a new, basic term sheet for use by investors and founders. The goal is to protect founders and reduce legal fees, which average $50,000 or more per venture round. (This is an excellent idea. "Free" at work.)blog.pmarca.com: Introducing our new venture capital firm Andreessen Horowitz
My partner Ben Horowitz and I are delighted to announce the formation of our new venture capital firm, Andreessen Horowitz, and our first fund -- $300 million in size -- aimed purely at investing in the best new entrepreneurs, products,...
Marc Andreessen's blog
My partner Ben Horowitz and I are delighted to announce the formation of our new venture capital firm, Andreessen Horowitz, and our first fund -- $300 million in size -- aimed purely at investing in the best new entrepreneurs, products, and companies in the technology industry.The Venture Capital Math Problem
Try and make sense of this