AWS Startups Blog

Tag: VC Firm

How to Navigate A Term Sheet

At the most basic level, a term sheet is a non-binding contract. It’s a short document, anywhere from 1-10 pages, that has a handful of terms outlining what will happen in an investment. If a deal goes through, lawyers will take the term sheet and turn it into hundreds of pages of legal documentation. 

Fedor Holz, Founder of Primed Mind

Poker Champ and Primed Mind Founder Fedor Holz Is Bringing Elite Mindset Coaching to the Masses

Ambition has never been an issue for Fedor Holz. When he was barely out of his teens, he beat out 183 other pros to scoop up nearly five million dollars at the 2016 World Series of Poker in Las Vegas. Now he’s the founder of Primed Mind, a tech offering that takes the experience of having a personal mindset coach and translates that into a series of two-part audio sessions.

EBAN: In the Hunt for the Next Great Global Startups, These Angels are Banding Together

More often than not, it takes a community of people and resources to push startups onto a path that offers even a shot at glory, says Riku Asikainen, a Finland-based angel investor and long-time entrepreneur. “It is not the lonely wolves game,” says Asikainen, who sits on the board of the European Trade Association for Business Angels (EBAN), a community of more than 4,000 people investing in the European startup ecosystem.

Josh Elman of Greylock Partners talks to AWS's Adam FitzGerald during a State of Startups Event at the AWS Loft in SF.

What Greylock Partner’s Josh Elman saw in 2017 – and What’s Coming Next for Startups

Josh Elman, a consumer specialist at venture capital firm Greylock Partners, couldn’t have been blunter about “acquihiring,” the practice of big companies paying big bucks for startups to hire teams for their expertise. “There was this funny little period time where that seemed like it was a thing,” Elman recently told a crowd of startup entrepreneurs at the AWS Loft in San Francisco. “I think that’s gone.”

That doesn’t mean big companies aren’t buying startups, Elman continued. In fact, it turns out that acquihiring didn’t translate to getting better talent than just hiring—it’s just more expensive.