Entries by Peter

Attend this year’s Angel Capital Association Summit (Virtual or in Portland!)

(link https://events.angelcapitalassociation.org/2021summit) Clear your calendars – the Angel Capital Association is bringing the largest and most successful group of angels in the world together to share insights and perspectives on thriving in a post-COVID world. The all-star lineup of speakers will kick off dynamic, interactive discussions about topics that matter – increasing deal flow; diversifying […]

Why Discounts on Convertible Notes are for Losers!

There are a lot of misunderstandings about convertible notes and how they work, but one misunderstanding that I have not seen described well is the issue of the valuation cap vs. the discount and what the relative benefits of either outcome would be for investors and founders. First, a quick summary of how convertible notes […]

Brad Feld: The Startup Community Way and Complex Systems

Brad Feld and Ian Hathaway describe the startup community as a “complex system” in their new book, The Startup Community Way, By this they mean that it is inherently unpredictable and needs to be managed by more formulaic systems ranging from simple (like making coffee) to complicated (like having a financial audit for your company) to […]