Lee Jacobs’ Blog
VC Collusion: Pro-Rata and The Arbitrary 20% with 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.
Early Tech StartUp Strategy with Lee Jacobs: 3 Healthy Ways to Think About Your Competition
In this blog post, Lee Jacobs— investor, Entrepreneur, and Founder of Edelweiss.vc— shares insights on how early tech startup founders can healthily relate to competition. The information will enable early startup founders to focus on building a product customers will love, grow their business fast, and make a positive difference.
Investor-Strategy Fit with Lee Jacobs: What Type of Investor Are You?
Defining your strategy as a venture investor can be tricky given there are so many potential strategies and approaches. I was one of the first people (if not the first) to use what is called an AngelList Syndicate— a way for angel investors to raise an on-demand single deal venture fund.
SOURCING STRATEGY WITH LEE JACOBS: WHAT IS YOUR VALUE PROPOSITION TO FOUNDERS?
When I first got into investing, I had capital, and a clear mission— help founders be the best versions of themselves because fully self-expressed entrepreneurs can have a tremendous positive impact on the world.
Differentiating from Competition in your Fundraise with Lee Jacobs: A Simple Way Set Yourself Up to Win
Fundraising is an essential part of a high growth early-stage startups life. In a previous post, I talked about how investors evaluating your company often ask about your competition, since most investors can only invest in one company going after the same opportunity.
People First: Our investment in Kettle and Fire
“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...
Wonderschool and Watching A Founder’s Journey
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...), knocking...
How to Break Up With Your Investor
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...
How To Break Up With Your Co-founder
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....
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