Remove 1999 Remove 2000 Remove Syndication Remove Valuation
article thumbnail

Time is the Enemy of All Deals

Both Sides of the Table

When I was raising money for my first company we had closed a seed round in 1999 and were working on our A round. We had many term sheets (it was 1999 and we had a pulse) and we were deciding which one to take. We were trying to optimize around a few criteria: price, size of round, number of syndicate partners and, of course, terms.

article thumbnail

LinkedIn: The Series A Fundraising Story ? AGILEVC

Agile VC

Silicon Valley is still emerging from the tech bubble and massive downturn of late 2000-2002. The terms and valuation for both offers were comparable and when the team debated which path to choose, we all agreed both firms would have made good partners. It was a pretty good valuation for the time. It was a $4.7M link] leehower.