FounderLine is a live weekly webcast devoted to helping startup founders succeed, hosted by seven-time startup entrepreneur and investor Joe Beninato. Each week, Joe welcomes an experienced entrepreneur or investor to discuss startup-related topics and field questions from entrepreneurs around the world. FounderLine is broadcast live, and viewers are welcome to send questions via email or twitter. For more information, go to founderline.com.

In this episode, host Joe Beninato and guest Dave McClure answer viewer questions including:
- So many people who worked at PayPal went off to found companies like Tesla, YouTube, LinkedIn, Yelp, Yammer and 500 Startups…how was Paypal able to hire such great people? What did you learn there?
- What benefits are typically offered to or expected by employees? Do the benefits change as a company grows and matures, or is an early stage company expected to offer benefits comparable to a mature one?
- What services do you provide your investments after you invest? With so many companies, how can you keep track?
- How is a seed financing different than a Series A? What happens to seed financing when Series A funding comes through?
- How do we get into 500 Startups? We've applied for the upcoming batch…any tips in improving our chances of getting in?

FounderLine is a live weekly webcast devoted to helping startup founders succeed, hosted by seven-time startup entrepreneur and investor Joe Beninato. Each week, Joe welcomes an experienced entrepreneur or investor to discuss startup-related topics and field questions from entrepreneurs around the world. FounderLine is broadcast live every Wednesday evening from 5-6pm Pacific Time. For more information, go to founderline.com.

In this episode, host Joe Beninato and guest David Wu answer viewer questions including:
- What are the things I should do to help you decide to fund me? What are some of the things I shouldn't do? What materials should I show up with? What materials are a turn off?
- What unicorns did you miss out on? Why did you miss them? What are the investments you regret passing on?
- I've heard people say that they went with a VC that was a better match but not the VC with the best term sheet. What do they mean by this?
- How do new investors react to a CEO not drawing salary when self-funding, but then drawing a salary when new money arrives?
- How do convertible notes work? What are the advantages of them for me?