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Bad Notes on Venture Capital

Both Sides of the Table

At an accelerator … Me: Raising convertible notes as a seed round is one of the biggest disservices our industry has done to entrepreneurs since 2001-2003 when there were “full ratchets” and “multiple liquidation preferences” – the most hostile terms anybody found in term sheets 10 years ago.

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Bad Notes on VC

Gust

Me: Raising convertible notes as a seed round is one of the biggest disservices our industry has done to entrepreneurs since 2001-2003 when there were “full ratchets” and “multiple liquidation preferences” – the most hostile terms anybody found in term sheets 10 years ago. These are all real conversations.

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Returns for brand-name VC funds

finance.fortune.cnn.com

Term Sheet. Term Sheet The latest on private equity, M&A, deals and movements — from Wall Street to Silicon Valley. FORTUNE -- Its no secret that venture capitalists were hit hard by last decades dotcom bust, considering that median returns for 1998-2001 vintage funds are all underwater. Fear & Greed.

Naming 49
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Is the Unicorn Endangered or Extinct?

Professor VC

In the episode, Kristy Kruger talks about picturing unicorns roaming the planes in Africa as a kid and being at a party many years later when the topic of conversation turned to endangered species: It was about a group of five to seven people, kind of standing around the keg, just talking. or a market cap of $800M. And this is not it."

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Building The Machine Podcast Episode 5: Dan Kimerling Deciens Capital

Eric Friedman

Eric Friedman: This is a great segue to something I was thinking about in preparation for this conversation. This doesn’t concern any specific industry, but that kind of behavioral finance. How do you come to terms with the new and the bold and the never been done and weigh them against things that aren’t going to happen?