article thumbnail

April 4-Innovation in Private Company Liquidity-Online Merger Markets, Social Media, Secondary Markets, Non-US Markets, Private Equity, and the Disappearing IPO

David Teten

I hope that you can join us Monday night, April 4, midtown NYC, at a panel on “Innovation in Private Company Liquidity-Online Merger Markets, Social Media, Secondary Markets, Non-US Markets, Private Equity, and the Disappearing IPO” The program is sponsored by the HBS Club of New York and the HBS Angels of NY.

article thumbnail

Keep It Under Your Hat: Valuation Caps and the $650 Million Sale of MySpace for $125 Million

Gust

In brief, a cap acts to place a limit on the conversion price of a convertible note such that investors are guaranteed a minimum number of shares for their bridge loans if the startup does a priced equity round at a high pre-money valuation – “high” meaning above the cap, which is often a heavily negotiated term. (The

Insiders

Sign Up for our Newsletter

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

article thumbnail

Kernel column: The LP update meeting

The Equity Kicker

We see our LPs relatively infrequently; they each look after interests in a large number of venture capital and private equity funds, and they occasionally shift responsibility for looking after our fund to new people, so we always begin by reminding them of who we are, why we are special, and our investment strategy. Manager update.

LP 97
article thumbnail

How Investors Are Increasing Their Returns Through Collaboration and Technology

David Teten

Mr. Parekh started his career at Goldman Sachs, developing the firm’s equities business in the Middle East, with high net worth family offices and sovereign wealth funds. Panel 2 – How Social Investing is Disrupting Investments in Hedge Funds, Private Equity Funds, and Other Alternatives.

article thumbnail

ProfessorVC: How much is enough?

Professor VC

But of course, the model had us requiring only $10M equity to breakeven and to achieve $185M in revenues in 2008 (the magic Year 5 in all business plans). In looking back at the old financials, at the end of Q2 2005, our cash balance was a whopping $546. offering to invest $75K if we could find another $250K by September 30, 2005.

article thumbnail

From Nothing To Something. How To Get There.

techcrunch.com

the meebo that launched in 2005 was a group effort – the idea primarily came from sandy being a huge IMer and having trouble getting on IM when we were working on earlier ideas in elaine’s apartment! The second one not until 2005. get to know each other first, etc. i’ll go into this is later posts.

article thumbnail

Invest in Israel Newsletter October 2010 Edition

VC Cafe

iSkoot, founded in 2005, has an office in Silicon Valley and an R&D center, which employs half the company’s workforce, in Bet Shemesh, Israel. Ernst & Young (E&Y), one of the “Big Four&# global auditors, forecasts Israel will have 24 mergers and acquisitions in 2010, worth about $1.75