Venture Capital: An Entrepreneur’s Manual http://bit.ly/llX56

I’ve always thought of this as a coopetition tactic: Verizon spokesperson Brenda Raney says the carrier would rather focus on its network than on the gadgets that use it. http://bit.ly/18ZMxN

RRE recently backed Betaworks, a hybrid firm that both develops and invests in web 2.0 startups. According to the info on Crunchbase, Betaworks “operates as a stock company with shareholders and not a firm with limited partners.” How’s backing Betaworks different than backing other companies that just develop products and/or services? http://bit.ly/zt5rv

RT BRYCE DOT VC, Best. VC Swag. EVAR! via Calacanis http://bit.ly/1aNbWc

When an investor likes an entrepreneurial proposition they will invariably ask for a valuation…Under no circumstances should an entrepreneur mention a valuation first, as this is the entrepreneur’s most powerful instrument to verify the authentic alignment with the assets, skills and imagination of the investor. Money talks. http://bit.ly/2QIDlG

Love the way Mike Maples outlines “the gap” in the innovation economy. Apparent to anyone who knows about the venture asset class but I haven’t seen it written out online like this. http://www.maplesinvestments.com/micro.html

Here are some tips for entrepreneurs when negotiating seed deals http://bit.ly/1L7LIr

Bill Gates was not a wreckless entrepreneur. He meticulously removed risk before every step he took. http://bit.ly/2RBT3G

Which would you pick, “higher valuation with full ratchet anti-dilution or a lower valuation with weighted average anti-dilution”? If you don’t know, make sure you have a lawyer and business advisor explain it to you. It’s hard to outsource things like this so as a founder, you have to care about it. http://bit.ly/DQpiw

Excellent post by Charlie. How long until TechStars or even a Dog Patch sets up in the garment district? >> How to start a venture capital fund in New York City http://bit.ly/UabXe