www.startuplessonslearned.com

MAY 4, 2012

Founders Dilemmas: Equity Splits. The following is an excerpt from HBS Professor Noam Wasserman’s new book, The Founders Dilemmas: Anticipating and Avoiding the Pitfalls That Can Sink a Startup. On average, the founders who keep the most control over their company make the least amount of money. Lessons Learned.

Equity 72

Equity Founder Technical Cofounder Cofounder 72

Startup Company Lawyer

MARCH 14, 2010

After the recent announcement of the Series Seed Financing documents by Marc Andreesen, Brad Feld points out that there are now four sets of “open source&# equity seed financing documents: TechStars Model Seed Funding Documents (by Cooley). Y Combinator Series AA Equity Financing Documents (by WSGR). under $500K).

Finance 70

Finance Software Review Term Sheet Liquidation Preference 70

Feld Thoughts

MAY 28, 2015

For example, from a post in 2008 about Rally’s $16.85m financing , I riffed on the origins of the company. About a year after he got started, he was ready to raise a venture financing. Ryan was encouraged to team up with Tim and shortly after that happened we co-led the first round VC financing with Boulder Ventures.

Software 70

Software Technology Agile SCRUM 70

Startup Lessons Learned

OCTOBER 11, 2018

Kabam, the mobile gaming company, hit a major stumbling block in its early days when its financing was lost due to the 2008 financial collapse. Co-founder Holly Liu will walk us through the the decisions that led to that outcome. That’s why we’ve put together a panel that looks at the human side of being a founder.

Lean 103

Lean Las Vegas Cofounder Startup 103

Both Sides of the Table

JULY 16, 2010

So as of 2008 total LP commitments were still at nearly $250 billion. Our current fund was raised in 2008/09.] So angel and seed stage investors’ returns will be dependent on good times continuing or on the ability of their portfolio companies to get financed. The top quartile funds have performed well.

LP 311

LP Technical Review Early Stage Silicon Valley 311

YoungUpstarts

DECEMBER 3, 2017

by Bill Lewis, co-founder at Temasys Communications. Global trade dipped in 2008. The traditional flows of goods, services, and finance appeared then, and now, to have stalled. Just less than a decade ago there was a cataclysmic change – a major event, a crisis – that was a precursor to an even greater structural shift.

Global 113

Global Technical Review Agile Internet 113

This is going to be BIG.

SEPTEMBER 30, 2012

Did I mention it only took the founder a month? David's firm most recently participated in the $77 million second round financing of SoFi, a one year old startup focusing on student loans. I suppose, more specifically, the bubble ended in the last two weeks of September--right after this financing. This is a relationship game.

Venture Capital 114

Venture Capital Marketing Term Sheet Software Review 114

View from Seed

DECEMBER 4, 2019

Over the last 10 years, we’ve been in a bull market with considerable froth in late stage financing activity and valuations. Although there are many factors at work, one challenge of those vintages is that most of those portfolios more or less came of age when the 2008 economic crisis occurred. appeared first on NextView Ventures.

LP 256

LP IRR Distribution Portfolio 256

blog.captainrecruiter.com

MARCH 8, 2012

Technical Co-Founders Are A Myth. Two years ago I got the bug to do an online recruiting startup and I began the hunt to find a technical co-founder - a software engineer who works for no cash - to help me build my dream website. I learned something: technical co-founders are a myth. Captain Recruiter. Real Advice. No Nonsense.

Cofounder 40

Cofounder Technical Cofounder Founder Software Engineering 40

YoungUpstarts

AUGUST 19, 2020

Our Source Digital team is plentiful with industry experience, including one of our co-founders – and my sister – Laura Frecon. Wilhoite has over 20 years of experience in business and revenue acquisition, while Glorioso offers an extensive history in finance, programs, and products.

Cofounder 279

Cofounder .Net Advertising Video 279

YoungUpstarts

APRIL 3, 2015

In 1994 Microsoft co-founder Bill Gates said, “retail banks are dinosaurs, they can be bypassed,” in a Newsweek interview. The Internet has also transformed banking for small business owners, particularly when it comes time to apply for business loans and other financing products. by Jake Dacillo, Marketing Director, Balboa Capital.

Small Business 100

Small Business Technical Review Technology United States 100

K9 Ventures

APRIL 27, 2011

I have confirmed with the founders that none of the information contained herein is deemed confidential and is therefore fair game for me to share in this post. In April 2008, I was introduced to Ugmode, Inc. The founders of the company — Arlo Faria and AJ Shankar — were PhD students in Computer Science at UC Berkeley.

Software Review 134

Software Review Technical Review IP Finance 134

Austin Startup

AUGUST 10, 2017

Although we were studying finance, we were always more interested in tech. Take a look at some of the emails between us from 2010: We were attending NYU from 2008–2012. But we never lost the finance bug. During that time, we watched the first wave of mobile apps take off — Foursquare, GroupOn, Instagram, Twitter, etc.

Technical Review 48

Technical Review Cofounder Technical Cofounder Austin 48

Steve Blank

OCTOBER 24, 2017

Why do these founders get to stay around? Because the balance of power has dramatically shifted from investors to founders. VCs competing for unicorn investments have given founders control of the board. For three decades (1978-2008), investors controlled the board. This seems to be occurring more and more. Board Control.

Founder 245

Founder Technical Review CTO Hire IPO 245

Both Sides of the Table

JUNE 27, 2021

We’ve had two companies where we had to bridge finance them several times before they eventually IPO’d We had a portfolio company turn-down a $350 million acquisition because they wanted at least $400 million. It sold to Amazon for > $1 billion. the sale of the company for $1 billion. It was ~30 days from bankruptcy.

Bankruptcy 294

Bankruptcy Bridge Financing Portfolio Angel Investor 294

Both Sides of the Table

SEPTEMBER 29, 2009

Bu when you start to worry that the world is ending (as it seemed it was in late 2008 / early 2009) you tend to get worried about large burn rates. But imagine a VC that did 12 deals per year in 2006, 2007 & 2008. The company had a huge burn rate but investors and management brought that under control by late 2008.

Burn Rate 263

Burn Rate Valuation Pre-Money Valuation Private Equity 263

YoungUpstarts

NOVEMBER 17, 2020

New business applications are the highest since 2008, reports the Wall Street Journal. Start building your network of support – it may be a co-founder, a mentor, a contractor, an employee, or an investor. LJ Suzuki is a fractional CFO with CFOshare, an outsourced finance and accounting department for small businesses.

Entrepreneur 259

Entrepreneur Cofounder Startup SEO 259

Altgate

SEPTEMBER 16, 2010

But did you know that founder Markus Frind has just 3 employees for his $10MM+ revenue business? The best early PR is a product that people actually love plus a genuine story to tell from the founder. I’d love to get involved in Founders Institute. He basically outsources everything. Start a blog. … [.]

Software Review 65

Software Review Offshore Startup Boston 65

David Teten

SEPTEMBER 5, 2014

Like many established finance & media companies, GLG knows that the tech startup sector is a growing part of the economy. This is particularly true in New York, where their traditional financial services industry client base has sustained significant damage since the 2008 financial crisis.

New York 114

New York Technical Review Networking Advisory Board 114

www.informationarbitrage.com

FEBRUARY 24, 2010

Read more » Recent Press The New York Times April 22, 2009 - A Company Plans to Market Illiquid Assets CNBC.com April 8, 2008 - Social Stock Picking Reuters April 6, 2009 - Bit.ly Main February 23, 2010 Advice for CTO Founders: Dont Let Business Kill the Business Founding a technology company is an amazing thing.

CTO Hire 40

CTO Hire Founder Cap Table Vesting 40

ReadWriteStart

MAY 5, 2011

Meanwhile, financing the company will be quite challenging, and I advised Satya to manufacture parts based only on signed contracts and advances against orders, to avoid getting into an inventory-rich, working capital-poor situation. From 2008 to 2010, Mitra was a columnist for Forbes. These resellers buy devices from the U.S.

Costa Rica 115

Costa Rica Incubator Silicon Valley India 115

Both Sides of the Table

JANUARY 5, 2010

So we as VCs search for entrepreneurs/founders who have the whole package or as much of it as possible. VCs don’t have the same net worth litmus test and great entrepreneurs have a ton of sources for seed money to get financed very early. Few people have it. Servers, databases, bandwidth – they’re all virtual now.

Entrepreneur 293

Entrepreneur CTO Hire South America Salary 293

Feld Thoughts

FEBRUARY 20, 2011

a Site Finds Love in India : Ignighter was in the TechStars Boulder 2008 class. I’ve backed Tim Wolters, one of the founders, in a previous company (Dante – acquired by webMethods). .&# So – today you get a bunch of things that I’m involved in and turn me out. Click through to whatever interests you.

Technical Review 118

Technical Review India Angel Investor New York 118

Both Sides of the Table

JUNE 5, 2011

I’ve decided to take all of my private conversations and subjective points-of-view on the topic and make them public in a keynote speech at the Founder Showcase in San Francisco on June 15th. 2007, 2011) and for the hottest of companies and in bad markets for fund raising (2003, 2008) prices test the bottom end of the range.

Pre-Money Valuation 336

Pre-Money Valuation Valuation Silicon Valley Stock 336

Up and Running

MAY 10, 2017

We didn’t know anything about small business accounting or finance. Neither of us had ever lived in a big city, and in 2008 we felt ready to cash in and try something new. Writing up a contract is especially important if you’re working with co-founders. We’d never hired anyone. We didn’t even know how to write a business plan.

Startup 119

Startup SEO Montana Argentina 119

Feld Thoughts

NOVEMBER 2, 2018

I received a Silicon Flatirons email from Phil Weiser this morning in his role as Silicon Flatirons Founder and Executive Director. After building up our leadership in this area, we formally established this initiative with Brad at the helm in 2008. Why do people contribute without knowing what they might get in return?

Community 238

Community Colorado Venture Capital Startup 238

The Next Web

NOVEMBER 28, 2013

He also served as The Next Web’s blog’s first blogger and Editor in Chief, back in 2008. In December 2012 he met up with the founders of Momkai , a creative agency with clients such as Red Bull and Nike. In the future, we will white-label this CMS to further finance our journalistic adventure. From readers to participants.

Netherlands 158

Netherlands Campaign Europe Advertising 158

K9 Ventures

JUNE 5, 2015

In that presentation, I said that Seed is not the first round of financing any more and that K9’s investments were mostly “pre-seed”. The catch however is that some of these funds and their GPs haven’t admitted to themselves and to founders and to LPs that their thinking has indeed changed (as it should). Implications for Founders.

Seed Stage 48

Seed Stage Venture Capital Early Stage Valuation 48

Austin Startup

DECEMBER 29, 2018

Bill Wood, founder of Silverton Partners and an early General Partner at Austin Ventures before, said something that got me thinking (quoting from the SiliconHills article ): Because it’s easy to startup a company and doesn’t take a lot of money, Silverton Partners sees more startups forming, Wood said. yes, in the 4th quarter of 2008.

Cofounder 48

Cofounder Austin Technical Review Advisory Board 48

ReadWriteStart

MARCH 24, 2011

The discussion today was around Social Media financing and go-to-market strategy. Sramana Mitra is the founder of the One Million by One Million (1M/1M) initiative, an educational, business development and incubation program that aims to help one million entrepreneurs globally to reach $1 million in revenue and beyond.

Illinois 114

Illinois Entrepreneur Silicon Valley Chicago 114

Mike Michalowicz

SEPTEMBER 27, 2012

In the article ” The Case for Old Entrepreneurs ”, Stanford professor and Washington Post columnist Vivek Wadhwa shared a 2008 study researching the backgrounds of nearly 700 U.S. – born CEOs and heads of product development at successful companies, and learned that the average age of successful founders was 39.

Entrepreneur 123

Entrepreneur SBA Architecture Washington 123

Steve Blank

MARCH 31, 2014

Cheered on by finance professors, Wall Street analysts, investors and hedge funds, companies have learned how to make metrics like Internal Rate of Return look great by one; outsourcing everything, two, getting assets off their balance sheet, and three only investing in things that pay off fast. This never ends well.

Private Equity 325

Private Equity Metrics China Intellectual Property 325

Altgate

DECEMBER 16, 2010

@altgate Startups, Venture Capital & Everything In Between Skip to content Home Furqan Nazeeri (fn@altgate.com) ← Pre-Money Valuation vs Number of Founders Where Do Tech VCs Invest? The first thing I noticed was that the vast majority (76%) of financings have a “one x&# preference. Bookmark the permalink.

Liquidation Preference 39

Liquidation Preference Pre-Money Valuation Term Sheet Valuation 39

ReadWriteStart

NOVEMBER 3, 2011

Parallel6 is already clocking over $1 million in revenue and is looking to enhance its customer acquisition and also raise some financing. From 2008 to 2010, Mitra was a columnist for Forbes. Statisco Economic Analytics. I also invite you to join the 1M/1M mailing list for the ease and convenience of getting updates.

North Carolina 116

North Carolina San Diego Entrepreneur Balance Sheet 116

Up and Running

SEPTEMBER 5, 2017

“In a lot of the industries in which I ended up launching companies, there was a pre-existing profile of what a successful entrepreneur should look like—typically a young, white male with a technical, finance, or political background,” says Aguirre de Carcer. According to Fortune , in 2006, female founders were involved in only 2.95

Venture Capital 82

Venture Capital Lean Cofounder Technical Review 82

Altgate

JUNE 25, 2012

—————– Dead equity — equity held by employees and founders no longer working at the company — is a large and growing problem. Imagine how much tougher a dead-equity dilemma becomes when co-founders, who tend to hold large equity stakes, are involved. Noam Wasserman on Inc.

Equity 44

Equity Vesting Cap Table Technical Review 44

View from Seed

JANUARY 26, 2016

There are a number of factors that have contributed to the rise of pre-seed rounds, but the strongest have been the frothy late-stage financing market, coupled with both the scaling-up of some of the early winners in the institutional seed ecosystem and the scaling-down of some larger funds that retrenched after the financial crisis.

Seed Stage 120

Seed Stage Early Stage Cofounder Finance 120