Last week I wrote about the Control part of a Term Sheet. Today, I'll talk about the Economics of it. Disclaimer: This is part is way longer, so let's just go straight into it. Economic Terms involve all of those clauses that will dictate the outcome of the investment, financially speaking. At a future liquidity event, what … Sigue leyendo Know your Term Sheet! (Pt.2: Economics)
Quick fun riddle: What smells like money, talks like money, and looks like money, yet it is not? Term sheets, bro. Now, there are two things to be aware of: Economics and Control. In this first part, I'll talk about Control Terms. Control is what allows investors to exercise some type of influence and … Sigue leyendo Know your Term Sheet! (Pt.1: Control)
I remember when I first read this story: Mexican.vc returns 8x the fund's value to its investors, thanks to Yogome's exit. I was thrilled. It was going to be one of the first success cases of a Mexican startup. The ecosystem was going to grow at a faster pace, international investors and corporations would turn … Sigue leyendo Yogome. A stepping stone.
Redwood Ventures (http://redwood.ventures/) is killing it in the Mexican west-coast Venture Capital scene. That's where I've been working, for the last two months. I've lived my whole life in Guadalajara, and I've seen quite a lot of talent, but it has been quiet. For almost-every successful and well-known startup in Mexico City, there's an equally … Sigue leyendo Redwood Ventures: Guadalajara Venture Capital Pioneers.
Reading is one of those things the most successful people have in common. My theory is that reading is kind of like watching those funny fail videos with a "how not-to" tutorial attached next to it. An experienced author has already gone through the things they wrote about in their book (hopefully), and she's basically … Sigue leyendo Suck less as an entrepreneur by reading these 5 books!
Failure sucks. I don't care how many people praise it. People praise it, as if it was something you MUST do sometime in your life. I think it is quite overrated, honestly. I mean, it is normal and it should be taken as it is; a step-back you should learn from, not a rite of passage. … Sigue leyendo Failure.
First month as an Investment Analyst at a VC firm. I can now certainly say: this is what I signed up for! I love my job. I was afraid that the leap from being an entrepreneur to going back to a regular office space, with no ping-pong tables and colorful walls, and having someone to … Sigue leyendo First month as a rookie VC