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Want to Know How VC’s Calculate Valuation Differently from Founders?

Both Sides of the Table

Back in 1999 when I first raised venture capital I had zero knowledge of what a fair term sheet looked like or how to value my company. Other founders, “as a privately held company we don’t disclose our valuation.&# Me, “dude, I’m not a journalist. Investors own 25%, the founders own 75%.

Valuation 405
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Factual Data On Popular New Venture Success Timelines

Startup Professionals Musings

Every startup founder knows implicitly that startup success is a long hard road. I was reading an old article written by marketing guru Seth Godin a while back where he mentions that “it takes about six years of hard work to become an overnight success”. Yet we always dream that we are the exception to the rule.

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The Great Internet Stock Correction of 1997, or 1999, or …

Feld Thoughts

In the last two weeks there’s been a flurry of articles about the implications of a 25% decline in the public market value of a bunch of Internet stocks. In 1999 we filed an S-1 to take Sage Networks public. I was a co-founder and co-chairman. The Truth Is Nobody Knows. It’s great.

Stock 140
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Start-ups are all Naked in the Mirror

Both Sides of the Table

I started my first company in 1999 in London at the height of the dot com craze. We went through the euphoria of massive exposure at the time of our launch due to an article that ran in the Financial Times. Reach out to the founders, not the staff. Building companies is hard work. We were unprepared. We were hot.

PR 331
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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

by Michael Woolf that is worth any startup founder reading to get a sense of perspective on the reality warp that is startup world during a frothy market such as 1997-1999, 2005-2007 or 2012-2014. In that article I linked to I outline the difference between gross margin & net margin.

Burn Rate 383
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How and Why To Be an Angel Investor

David Teten

Dave Kerpen, founder and CEO of Likeable Local , just published an interview with me on Linkedin, which I’ve included below. approx 1999-07. John Frankel started as an individual angel investor in New York in 1999. Angel investing Contributed Articles' It’s also a fast way to lose all your money. 1961- 1996.

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Venture Capital Funding and the Sexism You Can’t Quite Prove

Up and Running

To draw titular inspiration from a New York Magazine article entitled Ellen Pao and the Sexism You Can’t Quite Prove (we’ll talk more about Pao later on), I entered into this topic less with the desire to try to “prove” a specific point, but rather to explore an issue that continues to rise to the top of conversation in the entrepreneurial space.