Yesterday a friend of ours brought a young entrepreneur by the office to pitch his idea. We listened for a bit, but soon began offering our ‘advice’. We assumed ‘advice’ was what they were looking for since we have been very public in our decision to stop funding outside deals. I suggested that the entrepreneur [...]
Full Ratchet Anti-Dilution Protection
The word “dilution” has several meanings in deal making; it is critical to understand the context. An investor in any given round of financing is concerned that the next round could be at a lower price per share than what he is paying this round. Therefore, the investor will insist upon anti-dilution protection. If pressed [...]
Do we need a new name for Fancast?
Since June of this year we have been talking about Fancast (our entertainment version of PodServe). In fact we presented it at Under the Radar where it won “Best in Show” and the “Peoples Choice.” In July we entered into an agreement with FX Network to deliver fancast for use on the popular series, Nip/Tuck. [...]
Best Business Prep for High School Students?
For me it was policy debate. I got to travel around the country, meet smart people and argue with them. The summer after my junior year of high school I went to the University of Vermont to study debate under Alfred “Tuna” Snider. I could have gone to Baylor or another school to study in [...]
Houston Can Kill Your Startup!
Starting a business in Houston? Paul Graham suggests that you get out while you still can. According to Paul the decision not to start your business in Silicon Valley, Boston, Seattle, Austin, Denver or New York is a mistake that can “Kill” your startup. He singles out Houston as a “Bad Location” for startups. His [...]
My Dad is Blogging!
I have been talking to my Dad about blogging for a while. He just started the Board of Directors Blog the Big in Japan guys incorporate his website and blog into a WordPress install to use as a CMS. WTG guys and good luck Dad!
Jeffrey Stewart’s VC Blog List
Jeffrey Stewart compiled this list of venture capital blogs. He is a serial-entrepreneur in New York City. A Little Ludwig Goes A Long Way by John Ludwig Founding partner of Ignition Partners A Sack of Seattle by Andy Sack About entrepreneurship, Venture Capital, and other topics A VC by Fred Wilson Managing Partner of Union [...]
Nine months later. . .
It has been nine months since we first released PodServe. Just to recap: February – Alpha Launch (still in alpha) February – eHub (Emily Chang) covers PodServe March – TechCrunch covers PodServe July – PodServe wins “Best in Show” and “Peoples’ Choice at Under the Radar August – Fox’s FX Network engages Big in Japan [...]
Dallas’ Stephan Pyles Named Chef of the Year!
Stephan Pyles opened a restaurant of the same name earlier this year. Selected as one of the Best New Restaurants of 2006, Stephan Pyles’ restaurant features new millennium southwestern cuisine. The Dallas Business Journal has announced that Esquire magazine named Stephan “Chef of the Year.“ WTG Stephan!
(PRODUCT) RED™ helps Africa (and Philippines)
Bono’s latest project is something called (PRODUCT) RED™. The idea is simple: buy RED™ products and part of the price goes to Africa. I was walking by the GAP and decided to pick up a RED™ shirt. The salesperson explained how the shirts were made in Africa and that part of the sales price would [...]