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A deep concern of mine is that leaders in the technology sector have not developed a culture that insists upon courage, honor, duty, and humility – what we might call a culture of virtue.

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Joe Lonsdale

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A recipe I’ve seen work in early-stage startups is a small tight-knit group of passionate people who are obsessed with their vision of how to fix a particular industry. Conversely, teams composed of people with a lot of specialized experience at running a large business are not as likely to do very well in the first year or two of a startup.

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The convertible note is a useful and common financing structure in Silicon Valley. It’s a form of debt that is really more a type of equity – one where the valuation hasn’t been determined yet.

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May 3, 2024

The convertible note is a useful and common financing structure in Silicon Valley. It’s a form of debt that is really more a type of equity – one where the valuation hasn’t been determined yet.

Previous

May 3, 2024

A recipe I’ve seen work in early-stage startups is a small tight-knit group of passionate people who are obsessed with their vision of how to fix a particular industry. Conversely, teams composed of people with a lot of specialized experience at running a large business are not as likely to do very well in the first year or two of a startup.

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