Hippoland

JANUARY 4, 2017

Later, if you sell the whole company to Google at say $5 per share, I will earn $500k for a net gain of $400k. Investors worldwide are familiar with and are used to investing in priced rounds. Usually, an equity round is kicked off by a “lead investor”.

Convertible Security 48

Convertible Security Equity Security Silicon Valley 48

David Teten

JULY 12, 2017

Steve Brotma n of Alpha observes, “In general, for any co-investor, the higher the quality of the institutional VC firm lead for the new round and the more reasonable the valuation, the better the odds of a coinvestment. Hence, if Sequoia is the lead and the valuation is reasonable, it’s near 100% chance.

Syndicate 60

Syndicate Syndication Institutional Investors LP 60

David Teten

JANUARY 10, 2012

He is an active angel with many successful angel investments including: Rent.com, (purchased by Ebay in 2005 for $415 million), Golfnow.com (purchased by Comcast in June 2008), and Lifelock (lead investors include Bessemer Venture Partners and Kleiner Perkins Caufield & Byers). and Tweetdeck (purchased by Twitter in June 2011).

Technical Review 128

Technical Review Technology North Carolina Switzerland 128

leananalyticsbook.com

AUGUST 19, 2012

and Net Promoter Score (would you tell your friends) and Sean Ellis’ One Question That Matters (from Survey.io—” How would you feel if you could no longer use this product or service? Marketers optimizing campaigns to generate traffic and leads. Investors , when we’re trying to raise money.

Metrics 58

Metrics Clickthrough Lean Analytics 58

Gust

OCTOBER 26, 2011

This is the norm for West Coast deals, but it’s often the case in dealing with East Coast investors (more commonly for VC financing rounds rather than angel seed rounds) that the lead investor wants its lawyers to draft the documents.

Finance 79

Finance Term Sheet Covenant Accredited Investor 79

David Teten

JUNE 12, 2014

As a result, we launched the Fast Track program, which helps VCs and active investors who are HBSAANY members to syndicate rounds with value-added members of our network. Following a lead investor is valuable education, as it gives the coinvestors access to the deal documents and some of the process used by the lead.

New York 114

New York Connecticut Angel Groups Florida 114

Austin Startup

JUNE 4, 2017

Lead Investor : The person or firm who defines the terms of the round. It’s possible I could have had more success on cold prospecting if I had cast a much wider net or if I was willing to automate the emails but I dislike being on the receiving end of automated pitches so I wasn’t willing to do that.

Austin 54

Austin Institutional Investors Angel Groups Deal Flow 54

www.paulgraham.com

APRIL 28, 2010

Mechanics Angel investors often syndicate deals, which means they join togetherto invest on the same terms. In a syndicate there is usually a"lead" investor who negotiates the terms with the startup. And they wont dilute themselves unless they end up net ahead. 3% of your net worth. Thatsless than.3%

Angel Investor 63

Angel Investor Syndicate Syndication Dilution 63

Austin Startup

APRIL 1, 2017

out of state VCs Don’t rush a term sheet In assessing financing terms and interacting with their lead investors, most founders instinctively focus on two core things: economics and control. But because founders often have significantly narrower networks than their lead investors (who are repeat players), that is easier said than done.

Term Sheet 48

Term Sheet Institutional Investors Technical Review Lead Investor 48