Revenue-Based Financing

Traditionally, if you want to raise money, you do it in one of two ways: through debt or equity financing. But angel investors who want to lend a new business money at a reasonable interest rate are rare (for good reason), and those who want to do it for a piece of...

Term Sheet Basics for Entrepreneurs

I’ve heard some wacky stuff recently from entrepreneurs about term sheets. Some people seem inclined to throw the term around in contexts where it doesn’t belong. It’s a pretty simple concept, so I figured I’d draw up a quick primer to summarize the basics. What is a...

Re: Aaron Swartz, Shame on the DOJ

I’m new to the “startup community,” so I have no personal connection to Aaron Swartz. I’m not close to him or anyone who is close to him. But I follow the twitter feeds of many folks who did know him, and I’ve been following the legal proceedings that have dogged him...