Both Sides of the Table

APRIL 20, 2011

Infonautics went public in 1996 and Half.com was sold to eBay in 2000. They chose the name First Round Capital because they thought capital would be deployed most efficiently at smaller seed stage rounds considering the cost to build an internet business had come down drastically. and Half.com. Investing Strategy.

Pre-Money Valuation 284

Pre-Money Valuation Technical Review Cofounder Cram Down 284

Both Sides of the Table

JUNE 22, 2011

I know that most people who are close to them tend to deny their existence, as we saw in the great housing bubble of 2002-2007 and the dot com bubble of 1997-2000. In addition to FOMO it is partly driven by massive increase in valuations for earlier-stage companies who raised money at bit seed prices but who still have product risk.

Saudi Arabia 309

Saudi Arabia Valuation IPO Technical Review 309

Both Sides of the Table

SEPTEMBER 29, 2009

Just ask anybody who was trying to close funding the fateful week of September 11, 2001 or even March 2000. While the company continues to perform well it has come at a cost. But they were the lucky company because there was an investor that believed in the high-growth scenario and was willing to continue funding at any cost.

Burn Rate 263

Burn Rate Valuation Pre-Money Valuation Private Equity 263

VC Cafe

JANUARY 20, 2014

222 firms held initial public offerings last year, raising $55 Billion, the most since 406 companies went public for $97 million in 2000. Now the cost of entry to the Party is rising. Across all investment stages, median pre-money valuations last year rose dramatically. Seed-stage deals now require $5.1 million.

Venture Capital 155

Venture Capital Pre-Money Valuation IPO 155

Both Sides of the Table

FEBRUARY 17, 2011

For many businesses you should keep your costs low & your capital raises low until you discover whether you are really on to a big idea where there is market demand. You’re offered a $9 million pre-money to raise $3 million (e.g. 5 million raised at a $9 million pre-money valuation or 35.7%

Pre-Money Valuation 303

Pre-Money Valuation Dilution Valuation PR 303

Berkonomics

SEPTEMBER 27, 2018

I immediately agreed to come aboard at no cost to clean up the corporation, deferring my investment until that was done. Within three months, we easily obtained $3 million of investment at a pre-money valuation of $30 million. million at a valuation of $80 million. My immediate reaction and offer.

Pre-Money Valuation 48

Pre-Money Valuation Sales Liquidity Event Valuation 48

David Teten

NOVEMBER 15, 2013

Each new investor tends to raise valuations and lower returns for all the other competitive investors. It is mathematically impossible for the median investor to beat a low-cost index, after expenses. (Of I have frequently heard the expression from other investors, “We can put a lot of money to work here.”

Management 114

Management Pre-Money Valuation Venture Capital New Hampshire 114