Remove 1999 Remove Redemption Remove Startup Remove Venture Capital
article thumbnail

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. After valuation in the video we went through Liquidation Preferences, Board Seats, Protective Provision, Voting Rights, Drag Along Rights, Redemption, Anti-Dilution and a few other key terms.

Valuation 405
article thumbnail

Retirement and Redemption « Steve Blank

Steve Blank

Eighty some pages later I realized that a) I had some great war stories as a good marketeer and failed CEO, b) I’d have to pay my wife and kids to read them, c) the three of them were probably the entire total available market, and d) when I looked at what I had done and what other entrepreneurs had done at their startups, that there was a pattern.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

One Book Every Entrepreneur and VC Should Own

Both Sides of the Table

When I first started as a startup CEO in 1999 there were no guides on raising venture capital. Redemption rights? Every startup needs the knowledge in this book. This article originally ran on TechCrunch. tl;dr version: If you’re an entrepreneur or VC or will be working in this industry - buy this.

article thumbnail

Philadelphia University Commencement Speech – May 15th 2011

Steve Blank

My third story is about Failure and Redemption. Endlessly curious, I went from startups in military intelligence to microprocessors to supercomputers to video games. As time went on, I was a co-founder or member of the starting team for six high-tech startups…. With every startup came increasing responsibility.

article thumbnail

On Going Public: SPACs, Direct Listings, Public Offerings, and Access to Private Markets

Ben's Blog

billion multi-stage venture capital firm focused on IT-related investments… I also serve on various investment committees, including for the St. Jude Children’s Cancer Hospital and the Stanford Medical Center, and teach entrepreneurship and venture capital at the Stanford Graduate School of Business. 1999-2000 51.6%

SEC 36