Term sheets for venture capital financings include detailed provisions describing the terms of the preferred stock being issued to investors. Some terms are more important than others. The following brief description of certain material terms divides them into two categories: economic terms and control rights. Economic Terms: Valuation/Purchase Price. Pre-money valuation is used to determine […]

Common Social Media Mistakes It’s amazing how many startups and small brands dump social media in the lap of an intern simply because they have an Instagram account. Don’t let it be an afterthought or something that’s more fun than professional. Social media should be treated as a facet of an overall marketing plan with […]

Not every startup founder wants to run things without a partner in crime. After all, isn’t having two heads — both with their own unique skillsets — better than just one? That being said, this isn’t something you should take lightly. Co-founders are partners when it comes to running a business, which is why you […]

What To Do Before Starting A Business While businesses open and close their doors every year around the country, there are many things that entrepreneurs look back upon and wish they knew. Hindsight can truly be 20/20 when it comes to running a successful business that sticks around. Those who find success are often great springboards for […]

As a young adult with a laptop and a smartphone, I’m constantly checking my social media accounts throughout the day to see who liked or commented on my most recent post. Call me obsessed, but we now live in an age where social and business-related interactions happen online more often than in person. Although social […]

The stress-free entrepreneur is about as rare as a rainbow unicorn. As an entrepreneur, you are fully aware of the pressures of building something from the ground up and how that has the ironic effect of beating you back into the ground from whence this dream emerged. But how can you function at your entrepreneurial, […]

In recent years, the Internet has democratized entrepreneurship in a big way. It no longer takes an army of employees and a $10-million-dollar Series A to launch your dream company. With a great idea, hard work, and the right tools, your business can be not only up and running, but competing with the big boys, […]