This blog post being shifted to tydanco.com
The new blog is called “Vermont View on Startups”. Thanks for subscribing.
Which is best Term Sheet template?
After you’ve read the Brad Feld series on what terms mean listed below, the next question (put to me last week by a MassChallenge finalist) is which terms should I use myself? As for me, I recommend using one of the standard templates offered by Y Combinator, Wilson Sonsini, TechStars, etc. Not only is the price right, but I’m guessing by presenting a term sheet with standard terms already down in a well-known, vetted format, angels or VCs will do less editing, meaning a fair contract for both sides without chewing up lots of legal fees. The following post from Gabriel Weinberg of Hacker Angels (as well as a serial entrepreneur himself) links to all of the popular ones. http://www.gabrielweinberg.com/blog/2010/06/how-to-learn-about-angelvc-term-sheets.html
I’m going to go on www.quora.com later this week to see if any of these are better liked, as well as reread them myself before I give my recommendations. If you’ve got an opinion, please chime in, but I’ll put what I find down in the comments section.
Question on Term Sheets?
Only one place to go for the definitive explanation: Brad Feld’s Term Sheet Series. Highly recommended
Boston Startup Resources
Yep, I know that this blog is meant to list VT resources…but at least half of my time is devoted to the Boston startup scene, so here is a link to a fairly comprehensive post on the blogs, twitterers, organizations, VCs, entrepreneurs, etc. in Boston.
Bill McCullen of Launchpad Capital to Keynote VVN
Thursday, July 22, 2010
Continental Breakfast: 8:00 a.m.
Guest Speaker(s) & Networking: 8:15 a.m.
Open to Public:
$15.00 fee for non-members/sponsors
Hilton Hotel
60 Battery Street, Burlington, VT
VtSDA Event Wednesday July 21
Next Lunch & Learn: Wednesday, July 21st, 2010
Challenges Facing CTOs
Wednesday, July 21st, 2010
vtSDA Event Space @ 12:00pm – 2:00pm | Directions
Our July Lunch & Learn will focus on the Challenges Facing CTOs! This will be a great opportunity for members and friends of the vtSDA to learn about the complex life of a Chief Technology Officer (sometimes called a Chief Information Officer), to see if you have what it takes to enter this field, and, most importantly, gather ideas for new applications in an underserved market.
It will take place in the Champlain Mill from 12:00pm – 2:00pm on July 21st, 2010. Admission is $15 for members and $20 for non-members.
This month’s panel includes Bruce Miller, the former CIO of Resolution, and Bill West, the former CIO NBC Television Network. During their visit they will:
Present a brief overview of their work
Describe a typical day on the job
Share some horror/humorous stories, and
Let us know what drives them crazy about their jobs
This presentation would be applicable to anyone who manages or leads teams or individuals, not necessarily software development focused, or employees who would like to empower themselves to take charge of their own performance and skills development.
We expect this format will spur a lot of questions from the audience while also giving attendees ideas for new products and services.
We hope you can join us for this valuable discussion!
Meeting Specifics
Date: Wednesday, July 21st, 2010
Time: 12:00pm – 2:00pm
Place: vtSDA Offices and Conference Space
The Champlain Mill
1 Main St
Winooski, Vermont 05404 USA
Plenty of free Parking
Map & Directions
Agenda:
12:00 – 12:30 Lunch and Informal Networking
12:30 – 12:40 New Business for Group
12:40 – 1:40 Presentation & Discussion
1:40 – 2:00 Q & A
Fee: $15 Members
$20 Non-Members
$0 Students (valid ID required)
$0 First time attendees
Lunch is included – please pay at the door.
Speaker Bios
Bruce Miller
Former CIO
Resolution, Inc.
Bruce completed all of his schooling in Vermont, graduating from UVM with a Bachelor of Science in Business Administration, with Accounting as his Major.
Bruce spent six years with a major accounting firm at their offices in Albany NY, and Denver CO working in both the audit and tax departments.
Bruce then joined a NY Stock Exchange listed company in NYC as Director of MIS and Accounting.
Upon leaving the NYC, Bruce returned to Vermont and started his own consulting business before joining Bruegger’s Corporation where he rose to the position of VP of Development then MIS. After the sale of Bruegger’s, Bruce joined Resolution, Inc. as VP of Finance & Information.
Since then, Bruce has been self employed as a Technology Project Manager assisting firms in managing major technology projects including business continuity planning, firm expansions & contractions, major system upgrades, and system conversions.
Bill West
Former VP and CIO
NBC Television Network
Bill has over 30 years of experience in Information Technology including leadership roles in software development, data center management, and sourcing management.
Bill, now retired, was formerly Vice President and CIO for the NBC Television Network, a division of the General Electric Company. Prior to his role at NBC, Bill served as VP & CIO for GE’s Global Exchange Services division where he oversaw its business applications, Six Sigma and Y2K initiatives. Bill also led software engineering and productivity initiatives for GE Corporate Information Technology and was instrumental in implementing GE’s offshore development programs in India.
Prior to his work at GE, Bill was an IT consultant for Coopers & Lybrand and development manager at CHART Healthcare Systems, Union College, and the University of Rochester. He holds a BS degree in Computer Science from Union College and completed GE’s Financial Management Program.