Woke up this morning to a pleasant surprise - Josh Kopelman, one of the most successful Silicon Valley entrepreneurs and angel investors never to have actually lived here (he's based in that hotbed of web 2.0 activity called Philadelphia), has finally begun a blog called Redeye VC (named after the flight he takes home each month after two or three days of back-to-back board meetings).
Josh was one of Feedster's first angels. He brought in several amazing co-investors and has been a tremendously valuable board member for us. He's one of the real "good guys" in this business - smart, with absolute integrity, and willing to put in an incredible amount of work to help his portfolio companies succeed.
Josh's post on how to be ready "when the music stops" should be read by every early-stage entrepreneur. Anyone who considers raising a Series A without understanding the "unwritten term" may succeed in raising money, but is unlikely to have a happy exit.
I look forward to reading Josh's thoughts over the coming months. It's nice to get new voices involved in the converstation - and great that Josh is willing to share his experiences. Thanks, Josh!
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