by Lee Jacobs | Jul 9, 2019 | Investing, Lee Jacobs
As our seed companies have matured and gone on to raising Series A, without question a key issue that comes up is pro-rata right in the companies next financing round. As Fred Wilson recently covered, these pro-rata rights are a source of much much dissension....
by Lee Jacobs | May 2, 2019 | Lee Jacobs
Defining your strategy as a venture investor can be tricky given there are so many potential strategies and approaches. I was one of the first people (if not the first) to use what is called an AngelList Syndicate— a way for angel investors to raise an on-demand...
by Lee Jacobs | May 29, 2018 | Lee Jacobs
Around two years ago, I spoke with a portfolio CEO who started his company at the same time I started Colingo. Though eight years had passed, he told me that his business wasn’t yet working. This conversation made me reflect on how seemingly so many of our peers have...
by Lee Jacobs | May 11, 2018 | Investing, Lee Jacobs
The number of immigrants that make up the leadership of CEOs of Fortune 500 companies has been well-documented. Based on my experience with foreign founders, I am not surprised. At Edelweiss we have invested in a number of immigrant founders and have been...
by Lee Jacobs | May 3, 2018 | Investing, Lee Jacobs
“Tell everyone you are in sales” These were some of the final words that were told to me from a trusted advisor when I left Philadelphia for Silicon Valley in 2010. The idea was that everyone needs sales, so tell people that is what you do. My advisor telling me this...