• Dec 9, 2010
    10:12 AM

    LeWeb10: Venture Capitalists Want to Pay Entrepreneurs

    Good news if you are thinking about creating a start-up. Your investors want you to get rich and are even prepared to pay you. Or at least they are prepared that you might want to ask about it.

    Interesting panel here at LeWeb from the money people—Philippe Botteri, Jeff Clavier, Bernard Liautaud, and Barry Silbert—which made perhaps the obvious point that if you spend 14-18 hours a day, six or seven days a week, at some point you may want to see some return even if your company isn’t making a profit yet. Paying bills is a nice thing.

    VCs are now prepared to allow entrepreneurs to take some money “off the table” for themselves rather than having all their money being ploughed into the company.

  • Dec 9, 2010
    8:04 AM

    LeWeb10: Day 2

    After the first day which was focussed on success stories and inspiration, there is a change of pace for the second day of LeWeb10. The day kicks off with a keynote by Yossi Vardi, the legendary Israeli high tech entrepreneur.

    The theme of the rest of the morning is on money — how to raise it and how to spend it. Talks from VCs, including DST International, a round-table, and a presentation by Phil Libin, the CEO of Evernote. We hope to bring you an interview with Mr. Libin later.

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