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. In addition, regular guest Mitch Zuklie, Chairman & CEO of Orrick, will be on-hand to discuss legal issues in the "Ask the Lawyer" segment. FounderLine is broadcast live every Thursday evening from 5-6pm Pacific Time. For more information, go to founderline.com.

In this episode, host Joe Beninato and guest Russ Siegelman answer viewer questions including:

- When you are angel investing, is there a valuation amount or structure (e.g. convertible debt vs. equity) that causes you to invest or not invest?
- Knowing what we know now about the social web, what things would you like to have seen Friendster do differently?
- What are some of the success stories from Startup Garage, either products or teams? What does Startup Garage do differently than Y Combinator?
- It seems that big companies like Google, Facebook, Yahoo, etc. have huge resources but are out-innovated by smaller startups. How does that happen?
- Can you please share with us some insight into the decision process at a large VC like Kleiner-Perkins? For example, what are the steps, do the decisions have to be unanimous, what happens when there are disagreements about investing, etc.