This Week at Mashtag

Resources for Early Stage Entrepreneurs: Fifteen Items in the “Top 10″

Photo of Dave Letterman altered to show BLLG logo

Back in February, I posted a Top 10 list of resources for early stage entrepreneurs. I quickly followed up with another post adding two more key resources — the Series Seed set of template seed financing documents, and a handy online term sheet generator for venture capital financing deals supplied by my “alma mater” law firm, Wilson Sonsini Goodrich & Rosati. That brings the number to 12, but as time wears on, I keep discovering more items that seem like required reading for founders of tech startups.

Following is the new, improved, Top 15 List of free online resources addressing key recurring themes and questions that most founders raise in our initial meetings: Assembling a founding team, choosing and forming a legal entity, deciding on how to compensate co-founders and employees, gauging market conditions for venture capital and angel funding, deciphering legal jargon and documents used in VC and angel financing rounds, identifying and retaining the best professional advisors, and so forth. Where applicable, I’ve added Twitter links to follow the authors. (I myself tweet daily on topics related to social media, tech entrepreneurship, law, politics, and sometimes just pure fun.)

[10/31 Update: Mark MacLeod, who kindly wrote about my list on his StartupCFO blog last month, has put together his own list of resources covering topics such as Board management, product management, analytics, and more.  See his comment below the main post for the list.]

Top 15 Free Online Resources for Founders:

  1. Survey results regarding current state of the VC funding market (WSJ) – http://bll.la/4F
  2. How To Pick A Co-Founder, by Naval Ravikant (Venture Hacks) – http://bll.la/4I
  3. CompStudy 2008 Report on Equity and Cash Compensation at Technology Startups – http://bll.la/4J
  4. How to Work with Lawyers at a Startup (Mark Suster) - http://bll.la/9M
  5. The Founders’ Pie Calculator (Frank Demmler) - http://bll.la/9j
  6. When and Where to Incorporate, Corporation vs. LLC, etc. (Yokum Taku) - http://bll.la/4K
  7. Types of Angel Financing (Scott Edward Walker) - http://bll.la/4e
  8. Seed Funding Best Practices, by Mark MacLeod (“StartupCFO”) – http://bll.la/4E
  9. Term Sheet Series by Brad Feldhttp://bll.la/9m
  10. Term Sheet Generator for Venture Financing (WSGR) – http://bll.la/9Y, plus my commentary at http://bll.la/55
  11. Everything You Ever Wanted To Know About Advisors, by Babak Nivi (Venture Hacks) – http://bll.la/4h and http://bll.la/4i
  12. How To Pump Up Your VC Valuation (Matt Bartus) – http://bll.la/9K
  13. “Series Seed” Financing Documents (Ted Wang) - http://bll.la/53, plus my commentary at http://bll.la/55
  14. Legal Issues for Social Media / User-Generated Content Sites, by yours truly at Quorahttp://bll.la/9X
  15. Employment Law Traps for Technology and Media Startups (my own article at Biznik) – http://bll.la/3n

As I’ve written before, for the whole range of startup-related advice, you can’t go wrong with Venture Hacks by Babak Nivi and Naval Ravikant.  Venture HacksAnother resource, Founders’ Space, where founders can ask questions for a panel of expert advisors to answer, recently launched in beta; I’m happy to answer questions there. Founders SpaceAs far as other startup lawyers go, the blogs by Yokum Taku at WSGR; Matt Bartus of Dorsey & Whitney; and Scott Edward Walker, founder of Walker Corporate Law Group, are all excellent resources.  My own goal is to branch out beyond legal subjects to include a wide range of business risk, PR, crisis management and other issues that I’ve encountered as an in-house lawyer and executive at a series of technology and media companies over the past decade.

Please feel free to add to the list or provide any other feedback in comments below.

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10 Responses to Resources for Early Stage Entrepreneurs: Fifteen Items in the “Top 10″
  1. home jobs
    August 12, 2010 | 12:18 pm

    thanks for the sort list to top 10 in the fifteen item.

  2. home jobs
    August 25, 2010 | 1:05 pm

    These are the interesting things to know.

    home jobs

  3. Anonymous
    September 10, 2010 | 6:49 pm

    Hey Antone,

    Great list of resources. I’m a big fan of VentureHacks. Thanks for sharing!

    Cheers,
    Erin

  4. johnmccarthy
    September 30, 2010 | 9:25 pm

    Thanks for the list. Some classics and some that look like they will be very valuable.

  5. Quora
    October 5, 2010 | 2:18 pm

    What are the best Equity Compensation resources for startups?…

    Look at 3 and 5 on this list from Antone’s website. http://biz75.inmotionhosting.com/~bottom9/bllg/2010/08/05/resources-for-early-stage-entrepreneurs-fifteen-items/

  6. Quora
    May 4, 2011 | 10:38 am

    What things should every web entrepreneur know about the law?…

    Your question really asks for two answers corresponding to the words “Web” and “entrepreneur.” There is a wealth of information here on Quora regarding both Internet Law and Startups. There are also lawyers who specialize in Internet/IP/privacy law…

  7. [...] Top 15 Resources for Early-Stage Entrepreneurs: All the nitty-gritty stuff like funding, incorporation, advisors, splitting the pie and the dreaded lawyers. [...]

  8. Fabio Lalli
    March 14, 2012 | 8:30 am

    Thanks ! Fantastic list of resources

  9. Nick Tippmann
    April 5, 2012 | 4:26 pm

    Awesome list! Definitely going to start pointing some people here.

    • Antone Johnson
      April 5, 2012 | 4:41 pm

      Thanks!  I think it’s about due for an update — although that would probably turn it into a Top 20 list.

ABOUT MASHTAG
A "blawg" by Antone Johnson, a technology business lawyer and Web 2.0 executive, observing social media, entrepreneurship, and all things at the intersection of people, capital, technology, and creativity. And what a busy intersection it has become! Read More...