View from Seed

JANUARY 26, 2016

For reference, First Round Capital and Softech were founded in 2004 (although they were less institutional early on), Floodgate in 2006, Harrison Metal in 2008, etc. So, between 2008 and 2013, the early-stage landscape looked more like the middle segment of the chart. This is why pre-seeds tend to be between $50K and $500K.

Seed Stage 120

Seed Stage Early Stage Cofounder Finance 120

Professor VC

JANUARY 17, 2008

Thursday, January 17, 2008. The theme of the event was angel investment trends for 2008. One of my comments was that we would likely see more institutionalization of angel groups and syndication of deals among groups. There needs to be enough equity to go around for founders, early investors, later investors, and employees.

Pre-Money Valuation 28

Pre-Money Valuation Angel Investor Angel Groups Valuation 28

Professor VC

JUNE 20, 2011

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). ► 2008. (14). At this time, we had secured a term sheet from a co-investor from one of my other angel investments (Thanks, Graeme!) So what does this all mean.

San Jose 28

San Jose Angel Investor Term Sheet Venture Capital 28