Remove 1999 Remove Entrepreneur Remove Marketing Remove Post-Money Valuation
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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. We’re going to start aggressively spend money on marketing our product. We want a strong balance sheet (um, ok.

Burn Rate 383
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Revisiting Paul Graham’s “High Resolution” Financing

Both Sides of the Table

On this assertion, for the reasons that Paul articulates in his post, I’m aligned. Not that they’re “such a bad idea&# but more that there are inherent problems for entrepreneurs in the process of raising angel money that need to be addressed. Markets always evolve toward higher resolution.

Finance 286
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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. Due to competitive markets we ended up with a pretty good term sheet until we needed to raise money in April 2001 and then we got completely screwed. Back then VentureHacks didn’t exist.

Valuation 405
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Is it Time for You to Earn or to Learn?

Both Sides of the Table

I often have career discussions with entrepreneurs – both young and more mature – whether they should join company “X&# or not. If you’re thinking about joining as the director of marketing, product management manager, senior architect, international business development lead, etc. It was 1999.

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Founders – Use Your Down Round To Clean Up Your Cap Table

Feld Thoughts

Once again, as we find ourselves in the middle of a significant public market correction, especially around technology stocks, there’s an enormous amount of noise in the system, as there always is. And, rather than rational and helpful thoughts for entrepreneurs, it often brings out the schadenfreude in even the most talented people.