agmiklas

Joined 18 years ago

Karma
424
Submissions
125
Member since
Oct 7
Busy at with alexsolo and bpuvanathasan on our first startup, pagerduty.com
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Recent submissions

Comment · 4 years ago
opslevel.com is worth checking out.

(Disclosure — I’m an investor.)

Comment · 7 years ago
Agreed. A founder should assume any ambiguity in a term sheet will be resolved in the investors favor (since you're very unlikely to walk away from a deal after signed). I preferred more comprehensive term sheets so that we could pin everything down while the investor was still in "courting mode".

Something we did in our later financings was to (very politely) provide an interested investor with a fairly comprehensive (~7 pages) template term sheet that had blanks for the major economic terms, but otherwise fully specified all the details of the proposed deal. This kept things from drifting off "founder friendly" after signing and had the added bonus of making offers easier to compare.

Comment · 8 years ago
You might enjoy Fred Brook's essay "No Silver Bullet", where he distinguishes between "Accidental Complexity" (basically, complexity created by software engineers when implementing a solution) and "Essential Complexity" (complexity that arises because software is written to solve some real world problem and the world is complex).
Comment · 9 years ago
I've always thought musical counterpoint and multi-threaded programming have a great number of parallels. Both are fundamentally about setting up independent but interlocking things that need to work together to accomplish a goal without crashing into each other. And I think the first time you experience either done by a real master, it is mind blowing in the same sort of way.

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