Remove 1999 Remove Participating Preferred Remove Reputation Remove Venture Capital
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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. More likely what you’ll see if you have an aggressive term sheet is “participating preferred&# stock. 4 * $4 million) and not $4 million. You reap what you sow.

Valuation 405