Sign in or Join FriendFeed
FriendFeed is the easiest way to share online. Learn more »

Fred Wilson › Comments

Fred Wilson
Re: The Pro-Rata Opportunity - http://avc.com/2014...
"Well it is true that if you don't disclose what you know to the seller, you might have an issue. But if the seller is the company itself, that is not possible" - Fred Wilson
Fred Wilson
Re: Independent Directors - http://avc.com/2014...
"With options you don't need to buy back. You just don't vest. I don't think a one year cliff is the right approach with a director but I have seen it done" - Fred Wilson
Fred Wilson
Re: The Pro-Rata Opportunity - http://avc.com/2014...
"It would mean being in the VC business That's a tricky thing to do if you don't have a history of doing it" - Fred Wilson
Fred Wilson
Re: Independent Directors - http://avc.com/2014...
"Its a four year vest That's what I meant by "over four years"" - Fred Wilson
Fred Wilson
Re: The Changing Structure of the VC Industry - http://www.bothsidesofthetable.com/2014...
"Is a direct vehicle a single purpose entity for just one investment?" - Fred Wilson
Fred Wilson
Re: The Pro-Rata Opportunity - http://avc.com/2014...
"If its your own money then I think there comes a time when you can't keep playing (unless you are a billionaire)" - Fred Wilson
Fred Wilson
Re: The Pro-Rata Opportunity - http://avc.com/2014...
"The thing that makes it challenging are the misalignment issues. To the extent that you pair an early stage and opportunity fund and the LPs are the same in each, you can minimize those issues" - Fred Wilson
Fred Wilson
Re: The Changing Structure of the VC Industry - http://www.bothsidesofthetable.com/2014...
"mark, excellent work. just fantastic. you are doing the thing that makes blogging so compelling, explaining something from the inside where you have a front row seat. i could not agree more with your post, but i did write a reaction to it http://avc.com/2014/07/the-pro..." - Fred Wilson
Fred Wilson
Re: Independent Directors - http://avc.com/2014...
"a world of difference. i prefer startup boards." - Fred Wilson
Fred Wilson
Re: Independent Directors - http://avc.com/2014...
"i don't really care. but they must be independent, have relevant experience, and be willing to do the work" - Fred Wilson
Fred Wilson
Re: Independent Directors - http://avc.com/2014...
"well the board works for the company and the CEO reports to the board. you are correct in your meta point. but technically they do." - Fred Wilson
Fred Wilson
Re: Independent Directors - http://avc.com/2014...
"well if they are truly independent then the only control they impact is an entrepreneurs control. which i think is tenuous at best." - Fred Wilson
Fred Wilson
Re: Independent Directors - http://avc.com/2014...
"it wasn't. but it could have been :)" - Fred Wilson
Fred Wilson
Re: Independent Directors - http://avc.com/2014...
"$50k of vesting per year for four years at todays' stock price." - Fred Wilson
Fred Wilson
Re: Independent Directors - http://avc.com/2014...
"options. see my reply directly above" - Fred Wilson
Fred Wilson
Re: Independent Directors - http://avc.com/2014...
"options. i like to offer something like $50k per year for four years at today's price for directors. often they negotiate for more than that." - Fred Wilson
Fred Wilson
Re: Independent Directors - http://avc.com/2014...
"no" - Fred Wilson
Fred Wilson
Re: Independent Directors - http://avc.com/2014...
"it's hard to get even one board seat these days in negotiations with founders. two is impossible. so we are left to beg and cajole founders to bring on independents. which is partially why i wrote this" - Fred Wilson
Fred Wilson
Re: Independent Directors - http://avc.com/2014...
"Thanks!" - Fred Wilson
Fred Wilson
Re: Independent Directors - http://avc.com/2014...
"Well played" - Fred Wilson
Fred Wilson
Re: Independent Directors - http://avc.com/2014...
"Nah. She has a good board I think" - Fred Wilson
Fred Wilson
Re: Independent Directors - http://avc.com/2014...
"that's why i wrote this post" - Fred Wilson
Fred Wilson
Re: Independent Directors - http://avc.com/2014...
"yeah. i post in the mornings. when i am in europe, that turns out to be late evening on the west coast of the US" - Fred Wilson
Fred Wilson
Re: Independent Directors - http://avc.com/2014...
"Yeah. I could get used to this time zone" - Fred Wilson
Fred Wilson
Re: Launching the Ether Sale - http://www.usv.com/posts...
"The HN thread on this is excellent and worth reading. https://news.ycombinator.com/i..." - Fred Wilson
Fred Wilson
"Great way to put it" - Fred Wilson
Fred Wilson
"Pinch was started in early 2008" - Fred Wilson
Fred Wilson
"no, just undisclosed to the public. the shareholders would have to know the specifics because they were required to approve the deal" - Fred Wilson
Fred Wilson
"steve jobs hated flurry but couldn't figure how to stop them" - Fred Wilson
Fred Wilson
"aha. i can't disclose that unless Yahoo! did." - Fred Wilson
Other ways to read this feed:Feed readerFacebook