Venture Chronicles

MAY 26, 2010

Venture math is really simple, if you raise $10 million for a company that is valued at $10 million “pre-money&# then you have sold 50% of the equity to the new investors. I’d be willing to bet that more investors lose a great amount of aggregate capital here than at any other stage. pre-money then you have sold 75%.

Lean 40

Lean Early Stage Valuation Startup 40

ithacaVC

FEBRUARY 23, 2011

The MCOP can serve a critical role as founders and other management team members are diluted down by rounds of financing or if their equity is not in the money. As the investors’ aggregate liquidation preference (ALP) increases typically the need for a MCOP also increases. A few key points to consider: 1.

Liquidation Preference 55

Liquidation Preference Management Preferred Stock Dividend 55

abovethecrowd.com

APRIL 20, 2016

Many have noted that the aggregate shareholder value created by all of the Unicorns will vastly overshadow the losses from the inevitable failed unicorns. It will also minimize future dilution. If you over-fund the industry, aggregate returns fall. Achieving profitability is the most liberating action a startup can accomplish.

IPO 40

IPO Term Sheet Silicon Valley Valuation 40

Up and Running

DECEMBER 9, 2014

That’s because I think that sales and revenue solves a whole bunch of problems for companies, sometimes it creates [crosstalk 00:38:16] them but the majority is that it solves them is that I use for us a metric called Our Net Subscription Revenue Growth. The pro is that it’s cheap capital and it’s not diluted.

Small Business 95

Small Business Finance Forecast Metrics 95