Venture Deals Explains Modern Venture Capital

venturedealsVenture Deals is a book that explains the journey of modern deal flow from fundraising through acquisition.  Practical matters like the different players in a deal and their motivations are discussed.  Term sheets and capitalization tables are explained.  There’s also sections about financing issues and legal matters.  This book consistently ranks as Amazon.com’s #1 Bestseller about venture capital.  Venture Deals, by TechStars co-founder Brad Feld and Foundry Group co-founder Jason Mendelson, is the book I recommend for anybody interested in venture capital.  Every founder needs to read this book before seeking investors or applying for funding. Continue reading

Airbnb Is A Fad

airbnbAirbnb is an easily reproducible marketplace that would have competition by now if its business were completely legal.  Competition means hosts would list on multiple services, driving down listing costs and Airbnb’s profitability.  The share economy company recently announced its new brand image.  The company has also launched a new Airbnb NYC website to argue after-the-fact that its service should be legal.  Here is a company that’s raised so much money at such high valuations that its only option for investors is an increasingly unlikely public offering.  I have my own opinion about a failed plan to take Airbnb public.  Airbnb may end up being just a fad. Continue reading

The Internet’s Own Boy: The Story of Aaron Swartz

falling_icarusThe Internet’s Own Boy: The Story of Aaron Swartz is a recently-released documentary about the now-deceased hacktivist.  Aaron’s story is told through interviews with many people that knew him personally.  We hear from Aaron’s family, friends, and business associates.  There’s also footage of Aaron Swartz throughout his life.  The audience gets the same story we’ve read since Aaron’s death, a tragedy not unlike the mythical Icarus.  This 105 minute video suggests the federal government pressured Aaron Swartz into killing himself.  My own conclusion is Aaron took his life for more personal reasons. Continue reading

Prizeo Brings Together Celebrities And Charities To Increase Awareness And Raise Money

prizeoPrizeo enables celebrities to raise money for their favorite charities through fundraising contests.  Charities benefit when celebrities use their fame to promote causes and help raise money.  Prizeo works with celebrities to organize fundraising contests that have fun once-in-a-lifetime prize experiences.  A complete technical platform managed by Prizeo handles things like website hosting and donation payment processing.  Many celebrities have already hosted fundraisers on Prizeo.  Current fundraisers include a chance to meet Paul McCartney, attend a photo shoot with Paris Hilton, and tour a wolf sanctuary with ‘Game of Thrones’ author George R. R. Martin. Continue reading

Airbnb To Provide Host Data To New York Attorney General, Hosts To Get Legal Disclosures

airbnbAirbnb has reached an agreement to provide “anonymized” data to the New York Attorney General.  Per the agreement (embedded below), details to be provided by Airbnb include the property addresses of New York listings, with specific apartment numbers omitted, along with details of income generated from those listings.  Upon request, Airbnb must also provide the New York Attorney General with the name, contact information, and taxpayer identification associated with individual listings.  The agreement also requires Airbnb to provide certain legal disclosures to new host listings located in New York.  Airbnb’s troubles in New York continue, as its own hosts could eventually pursue litigation against the share economy company. Continue reading