article thumbnail

This Week in VC Episode 6 with @Jason Calacanis: Best One Yet

Both Sides of the Table

Often times when companies raise “bridgefinancing (this is money from internal investors. Following Microsoft’s addressable advertising trials with NBC in June 2009, many suspect that Google’s investment may have some defensive motivations, as well. We spoke briefly about why. Short answer: no. Paperless billing for consumers.

Stealth 285
article thumbnail

ProfessorVC: Why I Hate Convertible Debt.Let Me Count the Ways

Professor VC

In cases where it is truly a bridge financing (i.e. ► 2009. (7). From my experience, negotiating debt deals with an experienced investor will result in a number of the same terms and wont save much (if anything) on legal fees. Particularly, now that standard Series Seed docs are commonly used. Do you have a U.S.

article thumbnail

The Option Pool Shuffle

venturehacks.com

Given that many companies are doing convertible note bridge financings as their seed round, this seems to come up relatively often. SeatGeek Blog - Nov 9, 2009 [.] Remember, more fully-diluted shares outstanding drives the Series A price per share down, resulting in more dilution to the founders. a legal one.