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Vinod Khosla’s advice for top VCs? Don’t sit on your founders’ boards

TechCrunch

Serial entrepreneur and seasoned investor Vinod Khosla has some strong, contrarian advice for the venture capital industry: don’t sit on your founders’ boards. Other VCs accuse us of being very active and very engaged — but the flip side of it is they vote on boards. Vinod Khosla’s advice for top VCs?

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Congrats to Backupify! A Great Exit Story for the First Company I Ever Backed

This is going to be BIG.

I''m super proud of Rob, Ben and the whole Backupify team--and this is particularly special for me because Backupify was the first investment I ever made as a VC, and the first board I ever sat on. I started reading a great blog called Business Pundit in 2004. It was written by a guy about my age down in Louisville, Kentucky.

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This Week in VC: Michael Montgomery (President, Montgomery & Co.)

Both Sides of the Table

For entrepreneurs who want to learn about how to work with investment banks, how to position yourself to be acquired and what the IPO markets look like this is the episode to watch. They have relationships that are hard for entrepreneurs to build. Board includes Nick Wheeler, CEO of Charles Tyrwhitt. TechCrunch. TechCrunch.

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Joseph Lee, CEO of Kairous Capital, Shares His Cross-Border Investment Philosophy for the Asia Pacific Region

AsiaTechDaily

In addition to his rich experiences working in the venture capital (VC) and private equity (PE) sectors, Joseph has also sharpened his investment acumen through his multiple years in the audit and stock-broking industry before deciding to finally launch his cross-border investment firm, Kairous Capital , in 2015.

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Keep It Under Your Hat: Valuation Caps and the $650 Million Sale of MySpace for $125 Million

Gust

Entrepreneurs and investors who have spent any time dealing with convertible debt seed financing transactions are likely to have encountered the subject of valuation caps. Intermix was in a turnaround situation when I arrived in mid-2004, having been delisted from Nasdaq and nearly bankrupt.

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Should Founders Be Allowed to Take Money off the Table?

Both Sides of the Table

This is part of my ongoing series “ Start Up Advice &# but I’d really like to call this post, “VC Advice.&#. A friend of mine is a serial entrepreneur and is running a high-profile, early stage company in NorCal. VC’s who don’t get this are naive. That’s when the VC has lost.

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The iconic VC-Backed founders are all White & Asian men. So why invest in diversity?

David Teten VC

(co-written with Katherine Boe Heuck , a MBA candidate at MIT Sloan (class of 2022); past intern at Versatile VC ; and a current intern at Metaprop NYC.). We reviewed CB Insights’ global list of “40 of the Best VC Bets of all Time.” For funds with an overall return of 3-5x, which is what VC funds aim for, the overall return was 4.6x

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