Sur le même thème :

• Ask Venture Hacks

  We get lots of email from people asking for advice. We’re going to start answering the most interesting questions here, so everyone can participate in the discussion. Got a question? Send it to ask@venturehacks.com. We read every question. Names will be changed to protect the innocent. In the meantime, catch up on past editions of Ask Venture Hacks, where we tackled VCs vs. angels, build vs.

• Venture Hacks on Twitter

  We’ve started a Venture Hacks page on Twitter: twitter.com/venturehacks (RSS). We’ll be posting interesting quotes, links, and other things we like. We’ve started with a few quotes: “Common stock is decorative.” – Anonymous Investor → “Valuation is temporary, control is forever.” – Venture Hacks → “You never ask board members what they think.

• MAJ Wii Menu 3.3 et la fin du Twilight Hack

  Nintendo reserve aujourd'hui une bien mauvaise surprise au monde du hack Wii. En effet, a travers la nouvelle mise a jour de la console (Wii Menu version 3.3), est integre un patch verifiant les sauvegardes modifiees et principalement celle de The legend of Zelda : Twilight Priincess qui a...

• The top 3 hacks of the year

  Happy New Year and here’s to an effective 2008. Here are the three most effective hacks of 2007. We maintain a Cheat Sheet of all the hacks, but try to apply these three if you don’t have time to apply them all. Create a market for your shares You need strong alternatives to hack a term sheet. Create alternatives with focus: pitch and negotiate with all your prospective investors at once.

• What impact will the credit crunch have on venture financing for startups?

  An entrepreneur asked me recently if I was concerned about the impact the credit crunch will have on venture financing for startups. I responded: For high quality companies, the short answer is no. The more nuanced answer is that (i) The credit crunch will impact venture debt (already has) so people can’t count on that to extend their runway, so should raise a bit more than they would have done (ii) If the economy indeed slips into recession (as a second order effect of the credit crunch).

• 10 questions to ask after getting a startup job offer [Silicon Valley Users Guide]

  Twitter needs help staying up. Maybe that help is you! But before taking that job offer — or an offer from any startup — Venture Hacks has 10 questions you should ask. We've condensed their list down from 1,250 words to a version you can read comfortably on your iPhone 3G before your next interview, below. · Give me the offer in writing? Good answers: “Yes,” and “Let's work out the major points and we'll give you a written offer.

• Ask VH: What’s dumb money?

  Q: Everybody is telling us to raise smart money. What’s the difference between smart money and dumb money? “The best assumption to make is that your VC’s primary value add is the cash they are investing. Then you’ll always be surprised on the upside.” — Marc Andreessen Summary: Smart money is money plus the promise of help that’s worth paying for, dumb money is money plus hidden harm.

• What should I send investors? Part 1: The Elevator Pitch.

  “Summarize the company’s business on the back of a business card.” — Sequoia Capital Summary: An introduction captures an investor’s attention, but a great elevator pitch gets a meeting. The major components of the pitch are traction, product, and team. If you’re building an interesting company, people will offer to introduce you to investors—it makes them looks good. In Hollywood.

• How much diligence should we do before signing a term sheet?

  “Once the term sheet is signed, the power shifts away from the startup to the purchaser. The typical term sheet will give the purchaser the discretion to step away from the deal if due diligence is unsatisfactory, or if the necessary internal approvals are not obtained.” — Suzanne Dingwall Williams, on M&A “… there is a wide range of behavior among VCs—the group that doesn’t put a term sheet down until they are committed are at one end of the spectrum.

• Should I shop around?

  “We took the approach of wanting to get to know the different partners and the different possibilities and to see where there was the best fit. Partnerships take a lot of work—you want to go out on a few dates before you get married. Yes, we dated a few people but didn’t get married… and so there were a few unhappy girlfriends out there. The choice wasn’t an economic choice, it was a customer choice.