Both Sides of the Table

DECEMBER 27, 2011

I find it amusing when a journalist writes an article about a prominent startup (either privately held or preparing for an IPO) and decries that, “They’re not even profitable!” Gross Profit (also called Gross Margin or sometimes “Net Revenue”). They both raised angel / seed money of $1.5

Startup 418

Startup Revenue Technical Review Flash 418

Version One Ventures

JULY 22, 2014

More money is flowing in from a new crop of angels, newly wealthy from a number of tech IPOs. First, there will be a consolidation in the accelerator space, with the net effect of reducing the number of available spaces for start-ups. At the same time, funding opportunities have expanded for early-stage start-ups.

Finance 167

Finance Seed Money Bootstrapping Angel Investor 167

Both Sides of the Table

JUNE 17, 2017

This is not atypical for “middle men” who often take 15–30% of the value of the sale If you’re shaking your head and thinking, “duh” I promise you that even some of the most sophisticated people I know get off track on this issue of “gross revenue” versus “net revenue.” They both raised angel / seed money of $1.5

Stock Options 227

Stock Options Startup Dilution Venture Capital 227

Both Sides of the Table

SEPTEMBER 2, 2009

At some point, this breaks if their isn’t an exit or IPO. The net effect for [my company] for example is we are now doing reasonably well. I raised $500k in seed money to start the company. Founders however are asked to take low salaries and never really get back the time they worked for free.

Founder 329

Founder Liquidation Preference Term Sheet Participating Preferred 329

www.paulgraham.com

APRIL 28, 2010

Once you take money from the generalpublic youre more restricted in what you can do. [ In an IPO, it might not merely addexpense, but change the outcome. Those remedial actions can delay, stall or even kill the IPO. Of course the odds of any given startup doing an IPO are small.But not as small as they might seem.

Technical Review 76

Technical Review Startup Software Review Angel Investor 76

pandodaily.com

NOVEMBER 29, 2012

Meanwhile, the rash of early liquidity and recent IPOs — unsatisfying as they were — gave liquidity to thousands of employees at large companies, and a subset of those made very real money. This time around, there has been an explosion at the early stages, and the very late pre-IPO growth stages. November 28, 2012.

Technical Review 93

Technical Review Silicon Valley Incubator Syria 93