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adaugelli

HN member
Joined
Mon, Feb 01, 2010, 12:38 AM UTC
HN karma
120
Public activity
42 items

About adaugelli

early stage venture capital at True Ventures

Twitter: @adaugelli Everything Else: about.me/adaugelli

Recent public activity

  1. comment
    Comment #4833552

    Kickstarter doesn't want to sell shares http://allthingsd.com/20121105/kickstarter-ceo-no-ipo-for-us... “We think the most disruptive aspect [of Kickstarter] is the removal of the …

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    Comment #3022166

    The $100k is a $3m cap with a 20% discount [0] Assuming the companies seed round prices above $3m, it's an additional 4% dilution to the company (bringing total initial dilution to…

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    Comment #2180727

    In case you were curious how you can spend $232 million in financing from investors such as Grotech, Lightspeed, and USVP - the answer is selling half price amazon gift cards and s…

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    Comment #2138432

    This comment should be upvoted a ton more. If you're pitching your business as X for Y and X is still a massively unproven startup - you've missed the train. Work on creating your …

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    Comment #2111059

    Partially agree. It's a different sales pitch than big companies though - our pitch is we'll cover your living expense and give you the chance to work with a small team and see if …

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    Comment #2110498

    Hi Paul, The goal is to try to make this cost-neutral for the students participating in TEC. When we talked to students who were considering taking an internship at a startup versu…

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    Comment #2110482

    Hey Max, I now work at True and was a part of the first TEC class in 2009. Was curious if you could go into more detail about why VCs shouldn't run these types of programs. Our mai…

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    Comment #2051153

    Clickable Link: http://kck.st/eDSWJf

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    Comment #2050449

    It's amazing how much money is like time. If you have a ton of excess time, you are far less efficient and it simply takes you longer to complete relatively simple tasks. Having to…

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    Comment #2043567

    Wanted to quote from the Founder's answer above: "Re: business model. We make money by selling the platform to corporations as a way to manage their employee volunteering programs.…

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    Comment #2040806

    The lack of IPOs in the market is more myth than fact: From PWC: With 154 IPOs completed, that raised a total of $37.5 billion year-to-date, 2010 activity represents a 123 percent …

  18. comment
    Comment #2040798

    Agreed. They just amended their S-1 to explain how they account for the costs of production for content. http://kara.allthingsd.com/20101223/demand-medias-ipo-which-... Rather than…

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    Comment #2032351

    The word "exit" has totally changed its meaning over the last 6 months.

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    Comment #1938754

    More broadly, it just shows how important time is to any startup. You never know when some chance meeting will lead to a key hire, a biz dev deal, or even a new investment. The lon…

  24. comment
    Comment #1931096

    The only two metrics that really matter are: 1) Cash on Hand 2) Monthly Burn. Until a business is cash flow positive, the above two metrics are the most important things that need …

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