### Jan 25, 2010

The Gotham Gal and I make a fair number of non-tech angel investments. Things like media, food products, restaurants, music, local real estate, local businesses. In these investments we are usually backing an entrepreneur we've gotten to know who delivers [...]

[Read more](http://avc.com/2010/01/how-to-calculate-a-return-on-investment/)

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### Nov 6, 2009

One of the more contentious things in the negotiation between an entrepreneur and a VC over a financing, particularly an early stage financing, is the inclusion of an option pool in the pre-money valuation. As my friend Mark Pincus likes [...]

[Read more](http://avc.com/2009/11/valuation-and-option-pool/)

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### Nov 6, 2009

[Read more](http://avc.com/2009/11/valuation-and-option-pool/)

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### Nov 3, 2009

I'm sure everyone out there gets email intros. Someone who knows you sends you and someone you don't know an email suggesting you meet.I send emails like that a lot. I might send a half a dozen or more every [...]

[Read more](http://avc.com/2009/11/the-double-optin-introduction/)

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### Nov 3, 2009

[Read more](http://avc.com/2009/11/the-double-optin-introduction/)

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### Apr 29, 2009

Yesterday Albert and I visited one of the investors in our fund. The good news is they are happy with the job we are doing. The bad news is they are frustrated with the venture capital asset class.We got to [...]

[Read more](http://avc.com/2009/04/the-venture-capital-math-problem/)

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### Apr 29, 2009

[Read more](http://avc.com/2009/04/the-venture-capital-math-problem/)

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### Mar 20, 2009

Lawrence Aragon at PE Hub used the news that Cisco paid $590mm (in stock) for Pure Digital the maker of the super popular Flip Cam to ask this question.it sounds like a pretty good deal, but you have to understand [...]

[Read more](http://avc.com/2009/03/what-is-a-good-venture-return/)

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### Mar 20, 2009

[Read more](http://avc.com/2009/03/what-is-a-good-venture-return/)