by Lee Jacobs | Jul 9, 2019 | Lee Jacobs
As our seed companies have matured and gone on to raising Series A, without question a key issue that comes up is pro-rata right in the companies next financing round. As Fred Wilson recently covered, these pro-rata rights are a source of much much dissension....
by Lee Jacobs | Sep 26, 2018 | Lee Jacobs
“Bone broth? What’s that?” I remember asking my partner Brian Balfour when he mentioned what his friend Justin Mares was working on. Justin was part of a group of customer acquisition experts that Brian has known for a number of years and was so impressed by him that...
by Lee Jacobs | Aug 10, 2018 | Lee Jacobs
Chris Bennett, CEO of Wonderschool, and I have been linked together since 2004, when we both attended U Penn. My first vivid memory of Chris was of him walking through the Penn dormitories with a huge shopping cart (not sure how he snuck it past security…),...
by Lee Jacobs | Jun 11, 2018 | Lee Jacobs, Networking
I recently heard of two instances of particularly alarming investor behavior. In once instance, a founder was promised a salary increase and equity package for years that never came. Then, the same investor shared sensitive personal details with a member of...
by Lee Jacobs | May 3, 2018 | Lee Jacobs, Networking
When an entrepreneur starts their first company, the level of isolation can seem intimidating. It is you against incumbents, other startups, and often many others in your life (who think you are crazy). Such was the case when I set out to start Colingo in 2010....