Raising money from VCs? Check out Venture Hacks
Venture Hacks is a new site launched by two entrepreneurs to help founders of start-ups navigate the hairy world of venture capital.
It aims to provide tips, such as how to negotiate a good deal when raising money, or how to organize a board so you don’t get axed by your investors down the road.
Behind the site are two guys who should know. One is Naval Ravikant, who now runs Vast.com, but who has had a fair share of VC run-ins. He filed a suit against Epinions, for example, when he felt VCs cheated him and other employees when Epinions merged with Dealtime. He took on big venture firms Benchmark and August — see here and here (includes copy of suit) — and won a settlement.
The other is Nivi, the long-haired drum-player who has worked at Bessemer Venture Partners, then at music browser Songbird, and most recently as Entrepreneur in Residence at Atlas Venture. Nivi can also recount some good VC tales.
Next Story: Thefind, the search engine, not as clean as we thought
Previous Story: Roundup: Apple breaks DRM, DoubleClick bids, IDG scuffle, Photobucket and more
About the Author, Matt Marshall
Matt launched VentureBeat in September of 2006, with the realization that no one else was covering the entrepreneurial and tech innovation scene with the velocity or depth that he was. Prior to founding VentureBeat, he covered venture capital for the San Jose Mercury News from 2001 to 2006. In 2002, Matt was awarded "Journalist of the Year" by the Northern California Society of Professional Journalists. Prior to working at the Merc, he was a correspondent for the Wall Street Journal in Bonn, Germany from 1995 to 1998, and a writer for the Washington Post in 1994. Matt holds a PhD in Government and an MA in German and European Studies from Georgetown University. In addition to VentureBeat, Matt is also the Executive Producer of DEMO, the leading launchpad event for emerging technologies.
