VC Deal Lawyer

You may recall my earlier post from a few weeks ago entitled “Are True Early Stage Investors An Endangered Species?“  After laying down some background, I took the position that super-angel funds and incubators/accelerators (e.g., Y Combinator, TechStars, DreamIt), had the best chance of solving the early stage funding gap and that capital efficiencies and [...]

On July 15, 2010, the U.S. Senate passed the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Act“).  On July 21st, President Obama signed this legislation into law.  As you may recall from my previous post on this issue, much concern surrounded this Act because of the proposed changes to the “accredited investor” qualifiers [...]

I think we can all agree that early stage investing has changed significantly over the past 10 years and I don’t see it reversing any time soon.  And by “changed significantly” I mean it is increasingly difficult to raise the $100K – $2M necessary to move from the pre-seed stage (where you likely raised $10-$100K from friends and [...]