What’s the best way to draw attention to something you don’t want attention drawn to?
File a lawsuit. continue reading...
Some of this I agree, some of it I don’t… but Adeo Ressi has a front-row seat at Thefunded.com, so it’s all worth noting:
The only time your lawyers will be honest with you in the venture raising process is when you interview them. After that don’t trust anything they say because their motivation is to close the deal and get the fee. continue reading...
Reading about how VCs are threatening to sue TheFunded.com to shut it up, I wondered:
- If you want something to go away, the worst thing you can do is take legal action: nothing adds more credibility to something that when you throw a $500/hour lawyer at it. continue reading...
TheFunded.com, a site entrepreneurs love but VCs absolutely hate, has pushed the envelope considerably by adding a feature that allows entrepreneurs to upload term sheets for others to view. A term sheet is essentially a letter of intent, a non-binding, revocable, starting point that is not final and culminates with a business transaction.
Short Term Repercussions continue reading...
[Scroll down for the Q&A - or sit back and enjoy.]
If you are an entrepreneur and unfamiliar with TheFunded.com, shame on you! Visit the site and sign up, you’ll be glad you did, it will give you an insight into one of the most important aspects of growing a company. continue reading...
