Remove 2000 Remove Early Stage Remove Pre-Money Valuation Remove Syndication
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LinkedIn: The Series A Fundraising Story ? AGILEVC

Agile VC

Silicon Valley is still emerging from the tech bubble and massive downturn of late 2000-2002. round which closed in November 2003, and the pre-money valuation between $10 million and $15 million. You can sometimes attract capital from farther away but typically harder to do at early stage. It was a $4.7M

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Time is the Enemy of All Deals

Both Sides of the Table

We were trying to optimize around a few criteria: price, size of round, number of syndicate partners and, of course, terms. million at a $15 million pre-money valuation. We moved into the legal process and final due diligence in January and February of 2000. Our final closure was the first week of March 2000.

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Asset Management Is A Bizarre Industry Ripe For Disruption

David Teten

I have frequently heard the expression from other investors, “We can put a lot of money to work here.” This is the psychology that drives VCs to load up a company with more capital, rationalizing that $5m at a $20m pre-money valuation is little different than $10m at a $40m pre-money valuation.