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Re:The Future of Web Startups by indie01 on Thursday October 04, 2007 @06:05PM (#63233)
>> One of the most important things we've been working on standardizing are investment terms. <<

I can see this being very beneficial, both for the VCs and the startups. The standardization of terminology in any discipline or field allows the people in it to have their lingo easily referenced and indexed, increasing efficiencies. Who wants to wade through a bunch of superfluous gibberish to get to the point?

In grad school, I remember having the realization that every discipline has it's own little shorthand lingo. I remember thinking about how confusion can result when there are clashes/overlaps in, for example, acronyms.

>>An angel who wants to insert a bunch of complicated terms into the agreement is probably not one you want anyway.<<

Exactly: reducing complexity, not increasing it, seems a better objective.

Re:The Future of Web Startups by jimbokun on Friday October 05, 2007 @02:22PM (#63706)
"In grad school, I remember having the realization that every discipline has it's own little shorthand lingo. I remember thinking about how confusion can result when there are clashes/overlaps in, for example, acronyms."

I've long ago lost track of all the different meanings I've run into for the word "feature", for example. Practitioners of various academic disciplines (or even in the same discipline but for a different theory) use this term for all kinds of things with absolutely no connection to each other. I nominate this for most overloaded academic term.

Any other nominees?