If you build a company, when negotiations happen an angel investor or a VC might want to write you a check for a percentage of your company.

Generally an investor will pass you a term sheet, this is something that is non binding but is a layout of how the company will change, what the investor expects and if it is a good term sheet will motivate the startup team to progress the company.

Some more intesting info on term sheets:

• How to Negotiate a Term Sheet, Part I

Here is a great list of VC office hours
(This is a repost from bronson.vc.)

Rolling

• Nate Westheimer (NYTM Organizer, Flybridge Capital Advisor) has been holding weekly office hours for some time (Fridays 11:00-12:30).
• Rose Tech Ventures holds weekly office hours (Wednesdays 4:00-5:00pm).
• David B. Lerner (Director Columbia Technology Ventures) holds Office hours for people associated with Columbia University (by appointment).

One day only

• RRE is holding office hours Friday March 12th
• Flybridge Capital Partners is holding office hours Wednesday March 3rd.
• Dogpatch NY – Polaris Ventures is holding office hours February 18th
• Zelkova Ventures is hosting office hours February 26th.

Below are some great active communities on asking and getting answers to startup questions.

• onstartups
• startups
• VentureIQ
• Startuptodo a community where you can ask startup related questions.
• NextNY a very active free community where you can ask startup related questions.

This is my list of important events, articles and places for startups, I will keep working on this article:

Events in NYC:

• Garys Guide Events
• nextny.org Events
• SBIR Government Events

Places for NYC Startups to Work:

• Free places to work in NYC

Banking:

• Info on Banking

Articles:

• AM New York, Startups
• I highly recommend reading this blog entry, it gives a ton of information on startups in NYC

A very in dept look into mint.com

This blog post mentions 2% of company to the entire advisory board, 0.25% of company per adviser.

There are tons of great resources out there for startups, podcasts being one, I highly recommend listening to the following:

The Startup Success Podcast, Sramana Mitra and Bootstrapping

As more people telecommute, more people become entrepreneurs and the number of students grow, a number of places are poping up where people get together and … work.

Here are a few places and sources I am aware of:

1. Dogpatch Labs is an open source startup lab.
2. Green Spaces is work space to launch green entrepreneurs.
3. Rose Tech is an incubator and co-working space in Madison Square Park.
4. New Work City is a community coworking space in Manhattan.
5. A list of places to go in NYC provided from nextny.org, a great source of free places to work.
6. Jelly, a nation wide group providing co-working office space for around ~200 a month, not bad!
7. This is NYC’s local Jelly group, the first day you come is free!
8. Sunshine suites is has a few co-working options.
9. Co-working meetup groups all over the world.
10. Coworking Community NYC.
11. BREAKOUT! Escape from the Office NYC.

Tony Bacigalupo has some interesting information on co-working at his website, check it out.

This year during internet week in New York there was a “Venture Capital Bootcamp” event. Venture capitalists from DFJ Gotham Ventures and Wilson Sonsini Goodrich and Rosati came to Columbia University and participated.

It was a great event, very informative and the presenters took an interesting approach to telling everyone about how VCs think and work.

Information on the presenters at the Bootcamp:

Check out the video of the whole talk below! The presenters go overview of the VC industry, the venture capital fundraising process, company formation types (LLC, corporations, etc.), term sheets, and what to do after investment. There’s also a discussion about whether VC funding is right for you and your business as well.

The video runs just over three hours and you can listen to the audio while working.

The slides from the event: